Alexandria Real Estate Equities, Inc. (ARE) Financials
Key financial figures for Alexandria Real Estate Equities, Inc. (Q2 2026).
Alexandria's FFO per share, as adjusted, fell to $1.73 in Q2 2026 from $2.33 a year earlier as operating occupancy slipped to 86.9% and same-property cash NOI declined 8.6%. Total revenue was $662.8 million, down from $671.0 million in Q1 2026 and $762.0 million a year earlier as occupancy and dispositions weighed on the top line. Net loss attributable to common stockholders was $72.8 million (diluted EPS of $(0.43)), versus net income of $361.7 million in Q1 2026, which had included a $2.14/share gain on early debt extinguishment. FFO per share, as adjusted (diluted), was $1.73, flat with Q1 2026's $1.73 but down from $2.33 in Q2 2025; NAREIT FFO per diluted share (before company-specific adjustments) was $2.44. On the outlook: FY2026 FFO per share, as adjusted, guidance narrowed to $6.35 to $6.45 (midpoint $6.40, unchanged) from the prior $6.30 to $6.50 range. Figures are for Q2 2026, as Alexandria Real Estate Equities reported them.
- Revenue
- $663M
- Net Income
- -$39M
- EPS
- $-0.43
- Total Assets
- $34.6B
- Operating Cash Flow
- $337M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q2 FY2026 | $796M | $12M | $0.07 | 3.14% | -$66M |
| Q1 FY2026 | $671M | $398M | $2.10 | 15.91% | $197M |
| Q4 FY2025 | $754M | -$1.1B | -$6.35 | -213.55% | $312M |
| Q3 FY2025 | $736M | -$233M | -$1.38 | 17.28% | $433M |
| Q2 FY2025 | $737M | -$107M | -$0.64 | 18.66% | $460M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $3.0B | -$1.4B | -$8.44 | -40.47% | $1.4B |
| FY2024 | $3.0B | $323M | $1.80 | 25.24% | $1.5B |
| FY2023 | $2.8B | $104M | $0.54 | 24.29% | $1.6B |
Frequently asked questions
What was Alexandria Real Estate Equities's revenue last quarter?
Alexandria Real Estate Equities reported revenue of $796.0 million for Q2 FY2026, up 8.0% from the same period a year earlier.
Is Alexandria Real Estate Equities profitable?
Yes. Alexandria Real Estate Equities reported net income of $12.2 million for Q2 FY2026, a net margin of 1.54% on revenue.
How has Alexandria Real Estate Equities's margin trended?
Operating margin was 3.14% in Q2 FY2026, compared with 18.66% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Alexandria Real Estate Equities generate?
Alexandria Real Estate Equities generated free cash flow of -$66.4 million in Q2 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Alexandria Real Estate Equities, Inc. on SentiSense, with up to forty quarters and twenty fiscal years of history.