Tanger (SKT) Q3 FY2026 earnings: revenue $158 million, up 8.6% on the year
Tanger Inc. (SKT) reported revenue of $158 million for Q3 FY2026, the quarter ended 30 September 2026, up 8.6% on the same quarter a year earlier. Net income was $34 million, up 5.1% on the year, and diluted earnings per share $0.29. The figures are the company's own, from the 10-Q it filed with the SEC on 6 November 2026.
Revenue
$158 million
+8.6% on the year · +0.9% on the quarter
Q2 FY2024Q3 FY2026
Operating margin
30.9%
31.5% a year earlier
Q2 FY2024Q3 FY2026
Net income
$34 million
+5.1% on the year · +1.2% on the quarter
Q2 FY2024Q3 FY2026
Diluted EPS
$0.29
+3.6% on the year · 0.0% on the quarter
Q2 FY2024Q3 FY2026
this quarterthe same quarter a year earlierHover a bar for its figure.
FFO per share rose to $0.64: FFO available to common shareholders was $0.64 per share, or $77.1 million, against $0.60 per share, or $71.1 million, a year earlier. Year-to-date FFO was $1.87 per share, against $1.70.
Same Center NOI grew 4.2%: Same Center NOI on a cash basis rose 4.2% to $108.4 million in the quarter and 3.5% to $315.8 million for the first nine months.
FFO guidance raised for 2026: Full-year 2026 diluted FFO per share guidance is $2.49 to $2.53, up from $2.45 to $2.52 previously.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
Q3 FY2026
Q2 FY2026
Q3 FY2025
On the quarter
On the year
Last 8 quarters
Operating cash flow
76.8
93.5
74.3
-17.9%
+3.3%
Capital expenditure
22.6
20.2
21.2
+12.0%
+6.7%
Free cash flow
54.1
73.2
53.1
-26.1%
+2.0%
Free cash flow margin
34.3%
46.8%
36.6%
Cash from investing
-4.7
-85.7
-36.1
Cash from financing
-236
-43.1
2.0
Depreciation and amortisation
41.9
42.0
37.1
-0.1%
+13.1%
Share-based compensation
3.6
3.6
3.3
-0.4%
+9.9%
Buybacks
0.0
0.0
0.0
Dividends paid
35.9
35.9
33.1
0.0%
+8.5%
Dividend per share
$0.31
$0.31
$0.29
0.0%
+6.8%
Diluted shares, weighted
116m
116m
115m
+0.1%
+1.1%
Shares outstanding at period end
115m
115m
115m
+0.0%
-0.2%
Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.
Balance sheet
$ million
Q3 FY2026
Q2 FY2026
Q3 FY2025
On the quarter
On the year
Last 8 quarters
Shareholders' equity
683
674
704
+1.3%
-2.9%
Non-controlling interest
27.8
27.4
28.5
+1.3%
-2.4%
Debt
1,664
1,861
1,613
-10.6%
+3.1%
Other liabilities
295
297
291
-0.6%
+1.6%
Total liabilities and equity
2,670
2,860
2,636
-6.6%
+1.3%
Investments
n/a
20.0
n/a
Cash and equivalents
12.3
177
13.0
-93.1%
-5.9%
Other assets
2,658
2,663
2,623
-0.2%
+1.3%
Total assets
2,670
2,860
2,636
-6.6%
+1.3%
Questions
What was Tanger's revenue in Q3 FY2026?
Tanger (SKT) reported revenue of $158 million for Q3 FY2026, the quarter ended 30 September 2026, up 8.6% on the same quarter a year earlier.
How much did Tanger earn in Q3 FY2026?
Net income for Q3 FY2026 was $34 million, up 5.1% on the year, and diluted earnings per share $0.29.
When did Tanger report Q3 FY2026 results?
Tanger filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 6 November 2026.
Each quarter as filed, linked to its filing. Read moreMoney is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.
10-Q for the period ended 30 September 2026, filed 6 November 2026: the filing.