Tanger Inc. (SKT) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	612.3M	581.6M	526.1M	464.4M	442.6M
Cost of Revenue	186.5M	176.5M	158.7M	145.5M	143.9M
Gross Profit	425.8M	405.1M	367.3M	318.9M	298.7M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	81.3M	78.7M	78.0M	76.1M	71.5M
General & Admin Expense	81.3M	78.7M	78.0M	76.1M	71.5M
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	159.5M	151.0M	138.7M	108.9M	111.9M
Total Operating Expenses	240.9M	229.7M	216.7M	185.0M	183.4M
Cost and Expenses	427.4M	406.2M	375.4M	330.6M	327.4M
Operating Income (EBIT)	184.9M	175.4M	150.6M	133.8M	115.2M
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	72.1M	65.9M	60.6M	47.9M	47.0M
Net Interest Income	(72.1M)	(65.9M)	(60.6M)	(47.9M)	(47.0M)
Other Non-Op Income/Expense	(56.6M)	(55.9M)	(47.9M)	(30.0M)	(29.4M)
Non-Operating Income (excl Interest)	(15.7M)	(10.0M)	(12.8M)	(18.0M)	(17.6M)
EBT (Pre-Tax Income)	128.3M	119.5M	102.8M	103.9M	85.8M
Income Tax Expense	(3.8M)	—	—	—	—
Bottom Line
Net Income	128.3M	114.8M	98.6M	99.2M	82.1M
Earnings from Cont. Ops	132.2M	119.5M	102.8M	103.9M	85.8M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	126.1M	113.9M	97.7M	98.0M	81.2M
Per Share
Basic EPS	$1.11	$1.01	$0.89	$0.94	$0.78
Diluted EPS	$1.10	$0.99	$0.88	$0.92	$0.77
Revenue Per Share	$5.35	$5.15	$4.83	$4.44	$4.27
Shares
Basic Shares Outstanding	114.5M	113.0M	109.0M	104.7M	103.7M
Diluted Shares Outstanding	115.7M	114.6M	111.1M	106.5M	105.6M
Profitability Metrics
EBITDA	360.2M	336.3M	302.1M	260.7M	244.7M
D&A	159.5M	151.0M	138.7M	108.9M	111.9M
EBIT	200.6M	185.4M	163.4M	151.8M	132.8M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026