TANGER INC. (SKT) FY2025 10-K Annual Report

Filed: Feb 26, 2026
Financials
Real Estate Investment TrustsSEC EDGAR

TANGER INC. (SKT) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 26, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

TANGER INC. FY2025 10-K Analysis

Business Overview

  • Core business model: Fully-integrated REIT owning and managing outlet and other open-air retail centers in US and Canada, totaling 14.0 million sq ft across 31 outlet and 3 lifestyle centers
  • New emphasis: Expansion into open-air lifestyle centers with acquisitions in Huntsville AL, Little Rock AR, and Cleveland OH since 2023
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Management Discussion & Analysis

  • Revenue $550.9M in 2025, up $53.4M YoY driven by higher rents and acquisitions
  • Net income $119.5M in 2025, up $16.7M YoY; no explicit margin % provided
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Risk Factors

  • Cybersecurity risk oversight by Audit Committee with quarterly reporting on initiatives, incidents, and regulatory compliance
  • No material cybersecurity incidents to date, but ongoing risk from emerging technologies like generative AI and machine learning
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TANGER INC. FY2025 Key Financial Metrics
XBRL

Revenue

$551M

+10.7% YoY

Source: XBRL data from TANGER INC. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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