Urban Edge Properties (UE) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	494.5M	471.9M	445.0M	416.9M	397.9M
Cost of Revenue	233.0M	431.2M	448.2M	351.4M	345.5M
Gross Profit	261.5M	40.7M	(3.2M)	65.5M	52.4M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	30.8M	—	—	—	—
General & Admin Expense	30.8M	—	—	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	79.8M	(85.7M)	(99.7M)	(59.3M)	(55.3M)
Total Operating Expenses	110.6M	(85.7M)	(99.7M)	(59.3M)	(55.3M)
Cost and Expenses	343.6M	345.5M	348.5M	292.1M	290.2M
Operating Income (EBIT)	150.9M	126.4M	96.5M	124.8M	107.8M
Non-Operating
Interest Income	2.2M	2.8M	2.7M	3.0M	1.1M
Interest Expense	76.7M	78.2M	81.6M	74.9M	59.0M
Net Interest Income	(74.5M)	(75.5M)	(78.9M)	(71.9M)	(57.9M)
Other Non-Op Income/Expense	(39.4M)	(26.3M)	(18.7M)	152.9M	(57.5M)
Non-Operating Income (excl Interest)	(35.8M)	(51.9M)	(62.9M)	(227.8M)	(1.5M)
EBT (Pre-Tax Income)	111.5M	100.1M	77.8M	277.7M	50.2M
Income Tax Expense	2.7M	2.6M	2.4M	17.8M	2.9M
Bottom Line
Net Income	104.4M	93.5M	72.6M	248.5M	46.2M
Earnings from Cont. Ops	108.8M	97.5M	75.4M	259.9M	47.3M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	106.0M	93.6M	72.5M	248.4M	47.8M
Per Share
Basic EPS	$0.83	$0.74	$0.60	$2.11	$0.39
Diluted EPS	$0.83	$0.74	$0.60	$2.11	$0.39
Revenue Per Share	$3.92	$3.75	$3.67	$3.55	$3.39
Shares
Basic Shares Outstanding	126.2M	125.7M	121.3M	117.5M	117.4M
Diluted Shares Outstanding	131.5M	125.9M	121.4M	117.6M	121.6M
Profitability Metrics
EBITDA	319.6M	317.8M	314.4M	450.9M	203.3M
D&A	132.9M	139.5M	155.0M	98.2M	94.1M
EBIT	186.8M	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 Sep 1, 2026