Alexandria Real Estate Equities financials
$48.66−2.54%
Close Sep 28, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $662.8M | $671.0M | $754.4M | $751.9M | $762.0M | $758.2M | $788.9M | $791.6M | $766.7M | $769.1M | $757.2M | $713.8M |
| Gross profit | $455.4M | $446.9M | $521.9M | $512.7M | $537.6M | $531.8M | $548.5M | $558.3M | $549.5M | $769.1M | $534.5M | $496.1M |
| Gross margin | 68.7% | 66.6% | 69.2% | 68.2% | 70.5% | 70.1% | 69.5% | 70.5% | 71.7% | 100.0% | 70.6% | 69.5% |
| Operating income | -$108.3M | $101.3M | -$1.55B | -$180.6M | $32.8M | $126.9M | -$889.0K | $214.7M | $183.4M | $175.3M | -$81.9M | $160.1M |
| Net income | -$73.7M | $358.9M | -$1.08B | -$234.9M | -$109.6M | -$11.6M | -$64.9M | $164.7M | $42.9M | $166.9M | -$91.9M | $21.9M |
| Net margin | −11.1% | 53.5% | −143.4% | −31.2% | −14.4% | −1.5% | −8.2% | 20.8% | 5.6% | 21.7% | −12.1% | 3.1% |
| Diluted EPS | $-0.43 | $2.10 | $-6.35 | $-1.38 | $-0.64 | $-0.07 | $-0.38 | $0.96 | $0.25 | $0.97 | $-0.54 | $0.13 |
| EBITDA | $418.6M | $412.2M | $493.9M | $483.5M | $508.5M | $501.1M | $515.8M | $514.4M | $535.2M | $432.6M | $190.0M | $426.9M |
| Operating cash flow | $337.0M | $196.6M | $312.4M | $433.5M | $460.2M | $207.9M | $274.2M | $477.4M | $411.8M | $341.2M | $538.0M | $417.9M |
| Free cash flow | -$66.4M | -$349.4M | -$19.9M | -$24.1M | $25.1M | -$437.9M | -$216.1M | -$213.7M | -$136.1M | -$352.1M | -$279.3M | -$370.9M |
| Diluted shares | 170.7M | 170.9M | 170.4M | 170.2M | 170.1M | 170.5M | 172.2M | 172.1M | 172.0M | 172.0M | 171.1M | 170.9M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $470.4M | $418.7M | $549.1M | $579.5M | $520.5M | $476.4M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $12.81B | $12.52B | $12.40B | $13.59B | $13.29B | $13.09B |
| Total assets | $34.63B | $34.17B | $34.08B | $37.38B | $37.62B | $37.60B |
| Total liabilities | $15.46B | $14.80B | $14.93B | $16.26B | $15.88B | $15.60B |
| Shareholders' equity | $19.17B | $19.35B | $19.10B | $21.06B | $21.73B | $21.99B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology