SPG · 8-K · 20261105PR123325
Operating Expense Trends
SIMON PROPERTY GROUP INC. · 2026-11-05 · Importance 55 · Surprise 64 · No source text
Third-quarter depreciation and amortization expense increased to $510.8 million from $338.6 million, a rise of $172.1 million. The company reported that finalization of TRG purchase accounting added $49.8 million of consolidated depreciation and amortization in the quarter, partly offset by a $25.2 million decrease in amortization of excess investment in unconsolidated entities. Total operating expenses increased to $1.010 billion from $788.7 million, while operating income before other items declined to $804.5 million from $812.9 million.
Key facts
- SIMON PROPERTY GROUP INC. reported property operating expense of $180.827 million in the third quarter of 2026, compared with $149.811 million in the third quarter of 2025. source
- SIMON PROPERTY GROUP INC. reported property operating expense of $523.026 million for the nine months ended September 30, 2026, compared with $426.447 million in the corresponding 2025 period. source
- SIMON PROPERTY GROUP INC.'s total operating expenses were $1,010.106 million in the third quarter of 2026, versus $788.658 million in the third quarter of 2025. source
- SIMON PROPERTY GROUP INC.'s total operating expenses were $2,971.537 million for the nine months ended September 30, 2026, versus $2,288.316 million in the corresponding 2025 period. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | negative | realized | -37.6% | SIMON PROPERTY GROUP INC.'s total operating expenses were $2,971.537 million for the nine months ended September 30, 2026, versus… |
| operating_income | negative | realized | -12.2% | SIMON PROPERTY GROUP INC.'s total operating expenses were $1,010.106 million in the third quarter of 2026, versus $788.658 million in the… |