The Macerich financials
$22.89+1.42%
Close Sep 29, 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 | $249.7M | $241.5M | $261.7M | $253.3M | $249.8M | $249.2M | $273.7M | $220.2M | $215.5M | $208.8M | $238.7M | $218.2M |
| Gross profit | $147.8M | $135.9M | $158.3M | $153.3M | $148.1M | $143.3M | $162.0M | $126.3M | $125.6M | $115.4M | $149.9M | $125.3M |
| Gross margin | 59.2% | 56.3% | 60.5% | 60.5% | 59.3% | 57.5% | 59.2% | 57.3% | 58.3% | 55.3% | 62.8% | 57.4% |
| Operating income | $44.9M | $31.0M | $49.9M | $44.9M | $30.7M | $31.9M | $61.7M | $37.1M | $37.4M | $28.9M | $63.0M | $39.8M |
| Net income | -$27.1M | -$36.4M | -$18.8M | -$87.4M | -$40.9M | -$50.1M | -$211.2M | -$108.2M | $252.0M | -$126.7M | $62.2M | -$262.5M |
| Net margin | −10.8% | −15.0% | −7.2% | −34.5% | −16.4% | −20.1% | −77.2% | −49.1% | 116.9% | −60.7% | 26.1% | −120.4% |
| Diluted EPS | $-0.10 | $-0.14 | $-0.07 | $-0.34 | $-0.16 | $-0.20 | $-0.89 | $-0.50 | $1.16 | $-0.59 | $0.29 | $-1.22 |
| EBITDA | $127.5M | $117.0M | $137.6M | $138.9M | $132.4M | $127.1M | $145.8M | $113.0M | $111.8M | $100.3M | $63.0M | $114.2M |
| Operating cash flow | $66.9M | $77.4M | $50.2M | $112.4M | $70.5M | $88.5M | $54.9M | $100.0M | $67.4M | $61.1M | $49.4M | $107.4M |
| Free cash flow | -$7.2M | $18.4M | -$6.5M | $79.1M | $34.2M | $47.3M | $8.0M | $52.7M | $27.7M | $27.3M | -$2.6M | $75.0M |
| Diluted shares | 273.7M | 258.0M | 256.7M | 254.1M | 253.1M | 253.0M | 236.7M | 218.4M | 216.2M | 216.0M | 215.8M | 215.6M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $227.0M | $182.0M | $280.2M | $290.2M | $131.1M | $253.2M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $4.85B | $4.93B | $5.07B | $5.08B | $5.32B | $5.23B |
| Total assets | $8.52B | $8.19B | $8.37B | $8.42B | $8.73B | $8.68B |
| Total liabilities | $5.62B | $5.68B | $5.84B | $5.84B | $6.07B | $5.94B |
| Shareholders' equity | $2.91B | $2.51B | $2.53B | $2.58B | $2.66B | $2.74B |
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