SPGSimon Property Group
Simon Property Group, Inc. is an Indiana corporation that operates as a self-administered and self-managed real estate investment trust, or REIT, under the Internal Revenue Code of 1986, as amended, or the Internal Revenue Code. 10-K, Item 1
- Headquarters
- Indianapolis, IN
- CEO
- David Simon
- Next results
- around Feb 1, 2027
What changed
10-K filed Feb 25, 2026 against Feb 21, 2025| Area | What changed | Source |
|---|---|---|
| Risk factors | 7 new paragraphs, nothing like them in the previous 10-K | 10-K Item 1A |
| Cash from operations lower than net income | Cash from operations $4.1B vs net income $5.4B (FY ending 2025-12-31) | 10-K · XBRL |
| Critical audit matters changed | New this year: Acquisition of the Remaining Interest in The Taubman Realty Group (“On October 31, 2025, the Company completed its acquisition of the remaining 12% ownership interest in The Taubman Realty Group (TRG) for consideration of approximately $0.9 billion, as described in Note 4 of the consolidated financial statements. The Company accounted for this acquisition as a busin”). No longer listed: Evaluation of Investments in Unconsolidated Entities for Impairment. Same as last year: Evaluation of Investment Properties for Impairment | 10-K · XBRL |
| Accounting checks | 7 other checks clear, 2 worth a look | 10-K · XBRL |
| Insiders | 11 open-market buys in the last 90 days | Form 4 |
| Filings | 2 in the last 30 days | EDGAR |
Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.
What's new, in their words
10-K filed Feb 25, 2026Paragraphs in Risk Factors that were not in the 10-K filed 2025-02-21. Quoted as filed.
We depend on free cash flow and external financings, principally debt financings, to fund the growth of our business, execute on our business model, and to ensure that we can meet ongoing maturities of our outstanding debt. Our access to financing depends on our credit ratings, the willingness of lending institutions and other debt…
10-K, Item 1A
Accounting checks
latest 10-K7 of 9 clear 2 worth a look. Checks, not verdicts.
- !Cash from operations lower than net incomeCash from operations $4.1B vs net income $5.4B (FY ending 2025-12-31)
- !Critical audit matters changedNew this year: Acquisition of the Remaining Interest in The Taubman Realty Group (“On October 31, 2025, the Company completed its acquisition of the remaining 12% ownership interest in The Taubman Realty Group (TRG) for consideration of approximately $0.9 billion, as described in Note 4 of the consolidated financial statements. The Company accounted for this acquisition as a busin”). No longer listed: Evaluation of Investments in Unconsolidated Entities for Impairment. Same as last year: Evaluation of Investment Properties for Impairment
- ✓Same auditor in both 10-Ks: Ernst & Young LLP
- ✓No statement of substantial doubt about going concern
- ✓No 8-K item 4.02 in the last 2 years
- ✓No NT 10-K or NT 10-Q in the last 2 years
- ✓No sentence in the 10-K concludes that controls were not effective because of a material weakness
- ✓No 8-K item 2.06 in the last 2 years
- ✓No 8-K item 1.03 in the last 2 years
In the last 30 days
All filings →- Nov 6, 202610-Q Quarterly report (10-Q) period ended Sep 30, 2026
- Nov 5, 20268-K Quarterly results, Regulation FD disclosure 8-K items 2.02, 7.01
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