Reports Q4 real estate FFO $3.49. Q4 revenue was $1.79B, consensus $1.51B. “I am very pleased with our fourth-quarter results, which caps another impressive year of performance for our Company,” said David Simon, CEO. “In 2025, we generated record Real Estate Funds From Operations of $4.8B and returned a remarkable $3.5B to our shareholders. We executed over 17 million square feet of leases, opened a new Premium Outlet in Indonesia, completed 23 significant redevelopment projects, and acquired $2B of high-quality retail properties. We remain focused on disciplined, value-creating investment activity and operational excellence that will drive sustainable growth in cash flow, FFO, and dividends per share.”
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