Urban Edge Properties (UE) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	495.1M	471.9M	445.0M	416.9M	397.9M
Cost of Revenue	304.9M	431.2M	448.2M	351.4M	345.5M
Gross Profit	190.2M	40.7M	(3.2M)	65.5M	52.4M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	22.0M	—	—	—	—
General & Admin Expense	22.0M	—	—	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	20.9M	(85.7M)	(99.7M)	(59.3M)	(55.3M)
Total Operating Expenses	42.9M	(85.7M)	(99.7M)	(59.3M)	(55.3M)
Cost and Expenses	347.8M	345.5M	348.5M	292.1M	290.2M
Operating Income (EBIT)	147.3M	126.4M	96.5M	124.8M	107.8M
Non-Operating
Interest Income	2.5M	2.8M	2.7M	3.0M	1.1M
Interest Expense	76.1M	78.2M	81.6M	74.9M	59.0M
Net Interest Income	(73.7M)	(75.5M)	(78.9M)	(71.9M)	(57.9M)
Other Non-Op Income/Expense	(74.3M)	(26.3M)	(18.7M)	152.9M	(57.5M)
Non-Operating Income (excl Interest)	(327.0K)	(51.9M)	(62.9M)	(227.8M)	(1.5M)
EBT (Pre-Tax Income)	73.0M	100.1M	77.8M	277.7M	50.2M
Income Tax Expense	2.5M	2.6M	2.4M	17.8M	2.9M
Bottom Line
Net Income	67.9M	93.5M	72.6M	248.5M	46.2M
Earnings from Cont. Ops	70.5M	97.5M	75.4M	259.9M	47.3M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	69.5M	93.6M	72.5M	248.4M	47.8M
Per Share
Basic EPS	$0.54	$0.74	$0.60	$2.11	$0.39
Diluted EPS	$0.54	$0.74	$0.60	$2.11	$0.39
Revenue Per Share	$3.93	$3.75	$3.67	$3.55	$3.39
Shares
Basic Shares Outstanding	126.1M	125.7M	121.3M	117.5M	117.4M
Diluted Shares Outstanding	131.7M	125.9M	121.4M	117.6M	121.6M
Profitability Metrics
EBITDA	284.4M	317.5M	309.8M	461.6M	207.7M
D&A	136.7M	139.2M	150.4M	109.0M	98.4M
EBIT	147.6M	178.3M	159.4M	352.6M	109.2M

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