Regency Centers income statement
In fiscal 2025, Regency Centers reported revenue of $1.55bn, up 6.9% on the year before, operating income of $1.12bn (a 72.3% margin) and net income of $527m. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 984 | 1,121 | 1,133 | 1,016 | 1,166 | 1,224 | 1,322 | 1,454 | 1,554 | 1,618 |
| General and administrative | 68 | 65 | 75 | 75 | 78 | 80 | 98 | 101 | 99 | 106 |
| Operating income | — | — | — | — | — | 897 | 951 | 1,047 | 1,123 | 1,165 |
| Interest expense | 133 | 148 | 151 | 157 | 145 | 146 | 154 | — | — | — |
| Provision for credit losses | 1 | 2 | — | — | — | — | — | — | — | — |
| Income before tax | 126 | 209 | 182 | 13 | 319 | 428 | 320 | 360 | 407 | 430 |
| Income tax | −10 | 1 | 1 | 1 | 1 | −0 | 1 | 5 | — | — |
| Net income | 176 | 249 | 239 | 45 | 361 | 483 | 365 | 400 | 527 | 556 |
| Diluted shares (average) | 160m | 170m | 168m | 169m | — | — | — | — | — | — |
| EBITDA | — | — | — | — | — | 1,216 | 1,304 | 1,442 | 1,528 | 1,589 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 360 | 373 | 381 | 381 | 388 | 404 | 412 | 414 |
| General and administrative | 25 | 26 | 22 | 25 | 27 | 25 | 26 | 28 |
| Operating income | 261 | 265 | 274 | 281 | 282 | 287 | 296 | 300 |
| Income before tax | 90 | 76 | 97 | 95 | 97 | 118 | 110 | 104 |
| Net income | 101 | 86 | 110 | 106 | 109 | 202 | 129 | 116 |
| EBITDA | 362 | 360 | 370 | 380 | 385 | 393 | 403 | 409 |
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