Empire State Realty OP Q3 2026 Revenue Falls 2.4% to $193.1M

Empire State Realty OP (OGCP) reported results for the third quarter of 2026. Revenue was $193.1 million, down 2.4% from a year earlier, and adjusted EPS was $0.02, down 68% from a year earlier.

By our calculation, the QoQ column compares with the previous quarter's revenue of $196.9 million and adjusted EPS of -$0.15. The YoY column compares with $197.7 million and $0.06 in the same quarter a year earlier.

GAAP results

• GAAP EPS. GAAP diluted EPS was $0.01, against $0.05 a year earlier.
• Net income. The company reported net income of $4.1 million on a GAAP basis, compared with net income of $13.6 million a year earlier.

Track record

• Revenue trend. Revenue over the last 5 reports, oldest first: $197.7 million, $199.2 million, $190.3 million, $196.9 million and $193.1 million.

What to watch

• Revenue growth. Whether revenue stabilizes after this quarter's 2.4% decline from a year earlier to $193.1 million.
• Sequential trend. Whether revenue builds on its 2.0% decrease from the previous quarter.
• Related coverage. See our reports on Equinox Gold, DHT, Baldwin Insurance and AST SpaceMobile.

Sources: Results are from Empire State Realty OP's Nov. 9, 2026 quarterly report. Estimates are consensus figures. The prior-quarter and year-ago comparison figures are from Empire State Realty OP's earlier quarterly reports. Items labeled by our calculation are our own arithmetic. This article is informational only and is not investment advice.