Jun 2026 (Q2 FY26) — Aug 5, 2026
Tanger Inc. Q2 FY26 — Strong Performance and Raised Guidance Driven by Strategic Growth
Read the full callTanger earnings: last reported Wed, 5 Aug 2026, for the quarter ended Jun 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 156 | +11.2% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | Operating profit / revenue | Quarter to Jun 2026 | Not in the filed figures for the quarter to jun 2026. No older figure is substituted. | ||
| Net profit | 33.2 | +10.5% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Price
1Y: $32.54 on 14 Oct 2025 → $35.31. High $42.11 (28 Jul 2026), low $31.63 (3 Feb 2026).
Overview
Call summaries
Tanger Inc. Q2 FY26 — Strong Performance and Raised Guidance Driven by Strategic Growth
Read the full callTanger Inc. Q1 FY26 — Strong FFO Growth and Increased Full-Year Guidance
Read the full callTanger Inc. Q4 FY25 — Strong FFO Growth and Record Leasing Production
Read the full callEvery analysed call
Financials
Net profit, year on year: +10% (quarter to jun 2026 against jun 2025).
| Line item | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 123 | 129 | 133 | 135 | 141 | 145 | 150 | 156 |
| Other income | -14 | -15 | -16 | -16 | -16 | -17 | -17 | -18 |
| Interest | 14 | 16 | 15 | 16 | 16 | 16 | 19 | 19 |
| Profit before tax | 21 | 23 | 24 | 18 | 28 | 29 | 26 | 31 |
| Net profit | 22 | 25 | 25 | 19 | 30 | 32 | 28 | 33 |
| EPS ($ per share) | 0.20 | 0.23 | 0.23 | 0.17 | 0.27 | 0.28 | 0.25 | 0.29 |
| Segment | Q1 FY2025 | Q2 FY2025 | Q3 FY2025 | Q1 FY2026 | Q2 FY2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|
| Tanger Single Reporting | 98% | 98% | 98% | 103% | 104% | +8.0% |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
| KPI | Dec 2025 Q4 FY25 | Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|---|
| Occupancy rate | 98.1%Occupancy at year-end was 98.1%, a 70 basis point sequential increase, and we delivered another quarter of positive rent spreads and extended lease terms for both renewals and new deals.Source: earnings call transcript | 97%Occupancy ended the quarter at 97%, up 120 basis points year-over-year.Source: earnings call transcript | 96.6%Quarter-end occupancy of 96.6% is in line with a year ago and, as expected, a slight moderation from the first quarter reflecting our proactive recapture of the Saks Off 5th space we discussed last quarter.Source: earnings call transcript | -0.4 pt |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
41 filings between Nov 14, 2025 and Oct 2, 2026.
Purchases
None
No insider bought shares.
Sales
$1.47M
4 sales by 4 insiders
Also filed: 1 gift.
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| RYAN BERMAN BRIDGET | — | $518.0K | May 15, 2026 |
| Guerrieri Thomas Joseph JR | — | $392.3K | Feb 27, 2026 |
| REDDIN THOMAS | — | $375.0K | Feb 27, 2026 |
| SKERRITT SUSAN E | — | $183.3K | Mar 6, 2026 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Oct 2, 2026 | Norman Jessica K See Remarks | Tax withheld | 2,889 | $99.5K |
| Aug 14, 2026 | CITRIN JEFFREY B Director | Award | 617 | $23.7K |
| May 15, 2026 | CITRIN JEFFREY B Director | Award | 589 | $21.1K |
| May 15, 2026 | RYAN BERMAN BRIDGET Director | Sale | 14,698 | $518.0K |
| Mar 20, 2026 | Bilerman Michael J See Remarks | Tax withheld | 20,601 | $730.9K |
| Mar 20, 2026 | Guerrieri Thomas Joseph JR SVP, CAO | Option exercise | 9,313 | $0 |
| Mar 20, 2026 | Norman Jessica K See Remarks | Option exercise | 10,574 | $0 |
| Mar 20, 2026 | Norman Jessica K See Remarks | Tax withheld | 2,689 | $95.4K |
| Mar 20, 2026 | Swanson Gallardo Leslie EVP, Chief Operating Officer | Option exercise | 49,669 | $0 |
| Mar 20, 2026 | Swanson Gallardo Leslie EVP, Chief Operating Officer | Tax withheld | 9,773 | $346.7K |
| Mar 20, 2026 | Bilerman Michael J See Remarks | Option exercise | 74,504 | $0 |
| Mar 20, 2026 | Yalof Stephen President & CEO | Option exercise | 173,842 | $0 |
| Mar 20, 2026 | Yalof Stephen President & CEO | Tax withheld | 39,524 | $1.40M |
| Mar 20, 2026 | Stein Justin C EVP, Chief Revenue Officer | Option exercise | 24,835 | $0 |
| Mar 20, 2026 | Stein Justin C EVP, Chief Revenue Officer | Tax withheld | 6,337 | $224.8K |
| Mar 20, 2026 | TANGER STEVEN B Director | Option exercise | 49,669 | $0 |
| Mar 20, 2026 | Guerrieri Thomas Joseph JR SVP, CAO | Tax withheld | 1,325 | $47.0K |
| Mar 16, 2026 | Guerrieri Thomas Joseph JR SVP, CAO | Tax withheld | 744 | $26.2K |
| Mar 16, 2026 | Yalof Stephen President & CEO | Tax withheld | 12,066 | $424.1K |
| Mar 16, 2026 | Stein Justin C EVP, Chief Revenue Officer | Tax withheld | 1,930 | $67.8K |
| Mar 16, 2026 | Swanson Gallardo Leslie EVP, Chief Operating Officer | Tax withheld | 2,993 | $105.2K |
| Mar 16, 2026 | Bilerman Michael J See Remarks | Tax withheld | 6,310 | $221.8K |
| Mar 6, 2026 | SKERRITT SUSAN E Director | Sale | 5,060 | $183.3K |
| Feb 27, 2026 | REDDIN THOMAS Director | Sale | 10,000 | $375.0K |
| Feb 27, 2026 | Guerrieri Thomas Joseph JR SVP, CAO | Sale | 10,432 | $392.3K |
| Feb 17, 2026 | Yalof Stephen President & CEO | Tax withheld | 50,706 | $1.71M |
| Feb 17, 2026 | Norman Jessica K See Remarks | Tax withheld | 3,488 | $118.0K |
| Feb 17, 2026 | Swanson Gallardo Leslie EVP, Chief Operating Officer | Tax withheld | 14,183 | $479.7K |
| Feb 17, 2026 | Stein Justin C EVP, Chief Revenue Officer | Tax withheld | 10,036 | $339.4K |
| Feb 17, 2026 | Guerrieri Thomas Joseph JR SVP, CAO | Tax withheld | 3,571 | $120.8K |
| Feb 17, 2026 | Bilerman Michael J See Remarks | Tax withheld | 7,556 | $255.5K |
| Feb 13, 2026 | RYAN BERMAN BRIDGET Director | Award | 5,207 | $0 |
| Feb 13, 2026 | Syngal Sonia Director | Award | 5,207 | $0 |
| Feb 13, 2026 | Guerrieri Thomas Joseph JR SVP, CAO | Award | 4,092 | $0 |
| Feb 13, 2026 | Ubinas Luis A Director | Award | 5,207 | $0 |
| Feb 13, 2026 | MATHRANI SANDEEP Director | Award | 5,207 | $0 |
| Feb 13, 2026 | SKERRITT SUSAN E Director | Award | 5,207 | $0 |
| Feb 13, 2026 | CITRIN JEFFREY B Director | Award | 521 | $17.5K |
| Dec 2, 2025 | RYAN BERMAN BRIDGET Director | Gift | 5,900 | — |
| Dec 1, 2025 | Bilerman Michael J See Remarks | Tax withheld | 17,839 | $599.0K |
| Nov 14, 2025 | CITRIN JEFFREY B Director | Award | 517 | $17.5K |
| Oct 2, 2025 | Norman Jessica K EVP, General Counsel,Secretary | Tax withheld | 5,164 | $174.5K |
| Sep 5, 2025 | Swanson Gallardo Leslie EVP, Chief Operating Officer | Sale | 17,500 | $608.0K |
| Aug 15, 2025 | CITRIN JEFFREY B Director | Award | 539 | $17.5K |
| May 15, 2025 | CITRIN JEFFREY B Director | Award | 576 | $17.5K |
| May 12, 2025 | REDDIN THOMAS Director | Sale | 7,000 | $225.8K |
| May 5, 2025 | Yalof Stephen President & CEO | Purchase | 3,348 | $100.0K |
| Mar 17, 2025 | Swanson Gallardo Leslie EVP, Chief Operating Officer | Tax withheld | 2,993 | $95.6K |
| Mar 17, 2025 | Guerrieri Thomas Joseph JR SVP, CAO | Tax withheld | 1,135 | $36.3K |
| Mar 17, 2025 | Stein Justin C EVP, Leasing | Tax withheld | 1,900 | $60.7K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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