# Simon Property Group Inc.: overview

SPG · NYSE · CIK 1063761 · [Real estate](/sectors/real-estate.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/spg.md) · [Financials](/companies/spg/financials.md) · [Filings](/companies/spg/filings.md) · [Insiders](/companies/spg/insiders.md)

Latest reported revenue: [$1.79bn](/filings/0001104659-26-093360.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 10, 2026 (XBRL us-gaap:Revenues, accession 0001104659-26-093360).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [1,481](/filings/0001104659-26-019419.md) | [1,582](/filings/0001104659-26-019419.md) | [1,473](/filings/0001104659-26-058640.md) | [1,498](/filings/0001104659-26-093360.md) | [1,602](/filings/0001104659-26-019419.md) | [1,791](/filings/0001104659-26-019419.md) | [1,757](/filings/0001104659-26-058640.md) | [1,791](/filings/0001104659-26-093360.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [51.9%](/filings/0001104659-26-019419.md) | [52.8%](/filings/0001104659-26-019419.md) | [49.4%](/filings/0001104659-26-058640.md) | [49.7%](/filings/0001104659-26-093360.md) | [50.8%](/filings/0001104659-26-019419.md) | [49.7%](/filings/0001104659-26-019419.md) | [43.4%](/filings/0001104659-26-058640.md) | [46.0%](/filings/0001104659-26-093360.md) |
| Net margin | % | [36.9%](/filings/0001104659-26-019419.md) | [48.8%](/filings/0001104659-26-019419.md) | [32.4%](/filings/0001104659-26-058640.md) | [43.0%](/filings/0001104659-26-093360.md) | [43.9%](/filings/0001104659-26-019419.md) | [197.6%](/filings/0001104659-26-019419.md) | [32.4%](/filings/0001104659-26-058640.md) | [32.1%](/filings/0001104659-26-093360.md) |
| Diluted EPS | $ per share | [1.46](/filings/0001104659-26-019419.md) | [2.04](/filings/0001104659-26-019419.md) | [1.27](/filings/0001104659-26-058640.md) | [1.70](/filings/0001104659-26-093360.md) | [1.86](/filings/0001104659-26-019419.md) | [9.35](/filings/0001104659-26-019419.md) | [1.48](/filings/0001104659-26-058640.md) | [1.49](/filings/0001104659-26-093360.md) |
| Free cash flow | $m | [706 d](/filings/0001104659-25-107395.md) | [868 d](/filings/0001104659-26-019419.md) | [597](/filings/0001104659-26-058640.md) | [971 d](/filings/0001104659-26-093360.md) | [685 d](/filings/0001104659-25-107395.md) | [949 d](/filings/0001104659-26-019419.md) | [625](/filings/0001104659-26-058640.md) | [959 d](/filings/0001104659-26-093360.md) |

- Revenue. XBRL Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues.
- Net margin (net income / revenue). XBRL Net income: us-gaap:ProfitLoss; Revenue: us-gaap:Revenues.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [5,117](/filings/0001558370-24-001532.md) | [5,291](/filings/0001558370-25-001271.md) | [5,659](/filings/0001104659-26-019419.md) | [5,964](/filings/0001104659-26-019419.md) | [6,365](/filings/0001104659-26-019419.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [47.2%](/filings/0001558370-24-001532.md) | [48.8%](/filings/0001558370-25-001271.md) | [49.6%](/filings/0001104659-26-019419.md) | [51.9%](/filings/0001104659-26-019419.md) | [49.9%](/filings/0001104659-26-019419.md) |
| Net margin | % | [50.2%](/filings/0001558370-24-001532.md) | [46.3%](/filings/0001558370-25-001271.md) | [46.2%](/filings/0001104659-26-019419.md) | [45.8%](/filings/0001104659-26-019419.md) | [84.3%](/filings/0001104659-26-019419.md) |
| Diluted EPS | $ per share | [6.84](/filings/0001558370-24-001532.md) | [6.52](/filings/0001558370-25-001271.md) | [6.98](/filings/0001104659-26-019419.md) | [7.26](/filings/0001104659-26-019419.md) | [14.17](/filings/0001104659-26-019419.md) |
| Free cash flow | $m | [3,109](/filings/0001558370-24-001532.md) | [3,117](/filings/0001558370-25-001271.md) | [3,138](/filings/0001104659-26-019419.md) | [3,059](/filings/0001104659-26-019419.md) | [3,202](/filings/0001104659-26-019419.md) |

- Revenue. XBRL Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues.
- Net margin (net income / revenue). XBRL Net income: us-gaap:ProfitLoss; Revenue: us-gaap:Revenues.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/spg/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $8.34bn | 37,269,192 |  | Added +455,543 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $6.24bn | 27,878,674 |  | Added +4,780,542 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $4.61bn | 20,632,222 |  | Added +58,521 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $4.55bn | 20,356,570 |  | Reduced −574,739 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $2.53bn | 11,335,910 |  | Added +510,197 |
| [Capital World Investors](/funds/1422849.md) | 2026-06-30 | $2.35bn | 10,524,034 |  | Added +1,473,719 |
| [WELLINGTON MANAGEMENT GROUP LLP](/funds/902219.md) | 2026-06-30 | $2.10bn | 9,390,325 |  | Added +242,709 |
| [BANK OF AMERICA CORP /DE/](/funds/70858.md) | 2026-06-30 | $1.84bn | 8,248,498 |  | Reduced −254,635 |
| [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $1.24bn | 5,566,600 |  | Added +144,803 |
| [FMR LLC](/funds/315066.md) | 2026-06-30 | $1.24bn | 5,561,360 |  | Added +526,276 |

## Recent filings

[All 1,431 filings](/companies/spg/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-08-10 | 20:08 ET | [10-Q](/filings/0001104659-26-093360.md) | Quarterly report, period 2026-06-30 | 0001104659-26-093360 |
| 2026-08-10 | 20:07 ET | [8-K](/filings/0001104659-26-093361.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-093361 |
| 2026-05-15 | 14:19 ET | [8-K/A](/filings/0001104659-26-062019.md) | 5.02 Departure or appointment of officers or directors | 0001104659-26-062019 |
| 2026-05-15 | 14:16 ET | [8-K/A](/filings/0001104659-26-062015.md) | 5.02 Departure or appointment of officers or directors | 0001104659-26-062015 |
| 2026-05-15 | 14:14 ET | [8-K](/filings/0001104659-26-062012.md) | 5.07 Shareholder vote results | 0001104659-26-062012 |
| 2026-05-11 | 20:07 ET | [8-K](/filings/0001104659-26-058646.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-058646 |
| 2026-05-11 | 20:07 ET | [10-Q](/filings/0001104659-26-058640.md) | Quarterly report, period 2026-03-31 | 0001104659-26-058640 |
| 2026-04-01 | 14:37 ET | [DEF 14A](/filings/0001104659-26-038320.md) | Proxy statement, period 2026-05-13 | 0001104659-26-038320 |
| 2026-03-24 | 21:07 ET | [8-K](/filings/0001104659-26-033931.md) | 5.02 Departure or appointment of officers or directors; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-033931 |
| 2026-03-05 | 21:31 ET | [8-K](/filings/0001104659-26-024152.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 9.01 Financial statements and exhibits | 0001104659-26-024152 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001104659-26-019419.md), filed Feb 25, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/eec7b8c5-572c-4c9d-83a4-852f0cd2ac2a)

## About the filer

- CIK: 1063761
- Tickers: SPG, SPG-PJ
- Exchange: NYSE
- SIC code: 6798 Real Estate Investment Trusts
- State of incorporation: IN
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:32 ET. No prices; not investment advice.