SITE Centers Corp. (SITC) Income Statement
SITC 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsSITC revenue and net income
Where SITC's revenue goes
2025Each bar shows an amount and its share of revenue. SITC kept 144.4% of revenue as net income.
SITC profit margins
SITC growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −55.6% | −36.4% | −23.2% | −18.9% |
| Gross profit | −103.8% | — | — | — |
| Operating income | −104.7% | — | — | — |
| Net income | −66.6% | +1.8% | +37.9% | — |
| EPS (diluted) | +14.3% | −18.9% | — | +5.3% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
SITC quarterly EPS vs estimates
SITE Centers beat the analyst EPS estimate in 7 of the last 8 quarters. Next report: November 4, 2026 (estimate $-0.09).
SITC income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $123.2M | $277.5M | $452.6M | $479.2M | $532.9M | $460.3M | $507.1M | $654.9M | $879.4M | $969.5M |
| Cost of revenue | $130.2M | $95.7M | $143.8M | $154.6M | $152.8M | $138.4M | $139.7M | $208.0M | $250.9M | $277.1M |
| Gross profit | −$7.0M | $181.8M | $308.8M | $324.6M | $380.1M | $321.9M | $367.4M | $446.9M | $628.5M | $692.4M |
| Research & development | — | — | — | — | — | — | — | $0 | — | — |
| Sales, general & admin | $39.8M | $47.1M | $50.9M | $46.6M | $55.1M | $52.9M | $58.4M | $61.6M | $89.9M | $76.1M |
| Total operating expenses | −$5.4M | $148.4M | $231.5M | $223.6M | $240.8M | $223.6M | $223.5M | $303.7M | $446.9M | $465.6M |
| Operating income | −$1.6M | $33.4M | $77.3M | $101.0M | $139.3M | $98.4M | $144.0M | $96.1M | $637.0M | $692.4M |
| Interest income | $3.8M | $31.6M | $4.3M | $0 | $0 | $11.9M | $18.0M | $20.4M | $28.4M | $37.1M |
| Interest expense | $15.3M | $59.5M | $82.0M | $77.7M | $76.4M | $77.6M | $84.7M | $141.3M | $188.6M | $217.6M |
| Income before taxes | $177.6M | $526.5M | $231.4M | $140.0M | $127.0M | $37.7M | $102.5M | −$108.4M | −$402.7M | −$10.4M |
| Income taxes | −$226,000 | $761,000 | $2.0M | $816,000 | $1.6M | $1.1M | $659,000 | $862,000 | $1.6M | $1.8M |
| Net income | $177.9M | $531.8M | $265.7M | $168.7M | $124.9M | $35.7M | $100.7M | −$109.3M | −$241.7M | $60.0M |
| EBITDA | $237.8M | $687.3M | $524.3M | $419.6M | $389.1M | $286.0M | $352.3M | $338.2M | $577.4M | $667.9M |
| EPS (diluted) | $0.72 | $0.63 | $1.39 | $1.35 | $1.46 | −$0.03 | $0.72 | $1.71 | $1.35 | $2.69 |
| Gross margin | −5.7% | 65.5% | 68.2% | 67.7% | 71.3% | 69.9% | 72.5% | 68.2% | 71.5% | 71.4% |
| Operating margin | −1.3% | 12.0% | 17.1% | 21.1% | 26.1% | 21.4% | 28.4% | 14.7% | 72.4% | 71.4% |
| Net margin | 144.4% | 191.7% | 58.7% | 35.2% | 23.4% | 7.8% | 19.9% | −16.7% | −27.5% | 6.2% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $10.8M | $13.0M | $20.0M | $27.1M | $33.5M | $42.6M | $0 | $90.8M | $115.7M | $94.1M | $124.7M | $144.8M |
| Cost of revenue | $12.7M | $15.0M | $97.8M | $9.4M | $11.1M | $11.9M | −$5.4M | $28.4M | $35.4M | $28.8M | $38.2M | $41.5M |
| Gross profit | −$1.9M | −$2.0M | −$77.8M | $17.7M | $22.3M | $30.8M | −$45.7M | $62.4M | $80.3M | $65.3M | $86.4M | $103.2M |
| Sales, general & admin | $9.2M | $8.9M | $10.7M | $10.3M | $9.4M | $9.4M | $8.2M | $15.1M | $12.7M | $13.5M | $17.2M | $11.3M |
| Total operating expenses | $5.5M | $3.8M | −$71.5M | $21.1M | $22.3M | $22.6M | −$8.3M | $49.4M | $53.2M | $47.5M | $61.9M | $64.1M |
| Operating income | −$7.4M | −$5.8M | −$6.3M | −$3.4M | −$16,000 | $8.1M | −$37.4M | $13.0M | $27.1M | $17.8M | $24.6M | $39.1M |
| Interest income | $1.6M | $1.2M | $1.3M | $1.4M | $722,000 | $361,000 | $1.8M | $14.0M | $8.6M | $7.3M | — | $0 |
| Interest expense | $0 | $0 | $30.2M | $4.0M | $5.3M | $5.6M | $5.4M | $16.7M | $18.4M | $18.7M | $20.0M | $21.1M |
| Income before taxes | −$1.2M | $756,000 | $133.7M | −$6.0M | $46.7M | $3.2M | −$11.9M | $323.2M | $238.5M | −$32.7M | $197.7M | $48.9M |
| Income taxes | $118,000 | −$182,000 | −$744,000 | $190,000 | $179,000 | $149,000 | $29,000 | $199,000 | $281,000 | $252,000 | $1.2M | $236,000 |
| Net income | −$1.3M | $938,000 | $134.4M | −$6.2M | $46.5M | $3.1M | −$5.8M | $323.0M | $238.2M | −$23.6M | $196.4M | $48.6M |
| EBITDA | $2.7M | $5.8M | $171.7M | $8.8M | $64.9M | $22.1M | $6.6M | $374.1M | $297.4M | $29.1M | $264.6M | $122.8M |
| EPS (diluted) | −$0.09 | $0.00 | $0.05 | −$0.13 | $0.88 | −$0.08 | −$0.11 | $0.18 | $0.25 | $0.31 | $0.13 | $0.91 |
| Gross margin | −17.8% | −15.3% | −389.3% | 65.3% | 66.7% | 72.2% | — | 68.8% | 69.4% | 69.4% | 69.3% | 71.3% |
| Operating margin | −68.2% | −45.0% | −31.5% | −12.4% | −0.0% | 19.1% | — | 14.4% | 23.4% | 18.9% | 19.7% | 27.0% |
| Net margin | −12.1% | 7.2% | 672.8% | −22.7% | 138.9% | 7.2% | — | 355.8% | 206.0% | −25.0% | 157.6% | 33.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in SITC's financial statements (latest annual report filed February 26, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
SITC financial results
In fiscal year 2025 (ended December 31, 2025), SITE Centers reported revenue of $123.2 million, down 55.6% from the year before. It had net income of $177.9 million (down 66.6%), a net profit margin of 144.4%. Diluted earnings per share came to $0.72. Over five years revenue grew at an average rate of −23.2% a year.
See the SITC stock overview for the latest quote and news, or the SITC chart for price history and technical indicators.
SITC income statement FAQ
What is SITE Centers's annual revenue?
SITE Centers reported total revenue of $123.2 million for fiscal year 2025, which ended on December 31, 2025. That was down 55.6% from $277.5 million the previous year.
Is SITE Centers profitable?
Yes. SITE Centers reported net income of $177.9 million in fiscal 2025, a net profit margin of 144.4%; its operating margin was −1.3%.
What is SITE Centers's gross margin?
SITE Centers's gross margin was −5.7% in fiscal 2025: for every $100 of revenue, SITE Centers kept $-6 after the direct cost of its products and services.
How fast is SITE Centers growing?
Revenue grew −23.2% a year on average over the last five fiscal years, from $460.3 million to $123.2 million.
What are SITE Centers's earnings per share?
SITE Centers earned $0.72 per diluted share in fiscal 2025, compared with $0.63 a year earlier.
When will SITE Centers report its next earnings?
SITE Centers is expected to report results for the quarter ending September 30, 2026 on November 4, 2026.
When does SITE Centers's fiscal year end?
SITE Centers's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 26, 2026.