Short answer
TANGER INC. (SKT) filed its Q1 2026 10-Q quarterly report on May 4, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $139M (up 2.5% year over year) with net income of $28M.
Q1 2026 key financials · XBRL
- Revenue
- $139M
- +2.5% YoY
- Net income
- $28M
- +47.2% YoY
- EPS (diluted)
- $0.24
- +41.2% YoY
Source: XBRL data from the TANGER INC. (SKT) Q1 2026 10-Q on SEC EDGAR. USD.
TANGER INC. Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Rental revenue $143.5M, up $14.3M YoY from $129.3M
- Net income $29.4M vs $20.0M YoY, an increase of $9.4M
- Best performance: acquired-property rental revenue $11.9M vs $4.8M YoY
- Service revenue $2.2M vs $2.4M YoY, down $203,000
- January financing added $250.0M Exchangeable Notes and increased term-loan balances from $325.0M to $400.0M
Risk Factors
- No material risk-factor changes from the December 31, 2025 Form 10-K
- Carried-forward risks encompass Tanger’s retail real-estate operations and competitive market conditions
- Carried-forward regulatory and compliance risks remain unchanged from the 10-K disclosure
- $200.0 million share-repurchase authorization and $180.0 million remaining capacity affect capital allocation flexibility
- 2.375% Exchangeable Senior Notes due 2031 add ongoing debt and refinancing exposure
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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