ARE · XBRL financial data

Alexandria Real Estate Equities financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (ARE's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
General and administrative	59*	47	45	44	33*	31	29	29	28*	35	37	41
Interest expense	32*	41	46	44	56*	51	55	55	66*	65	64	80
Net income (loss)	(88)*	171	47	168	(62)*	(9)	(107)	(233)	(1,081)*	362	(73)	(638)
Earnings per share, basic USD per share	(0.52)*	0.97	0.25	0.96	(0.36)*	(0.07)	(0.64)	(1.38)	(6.34)*	2.10	(0.43)	(3.74)
Earnings per share, diluted USD per share	(0.52)*	0.97	0.25	0.96	(0.36)*	(0.07)	(0.64)	(1.38)	(6.34)*	2.10	(0.43)	(3.74)
Weighted average shares, basic millions of shares	171*	172	172	172	172*	171	170	170	170*	171	171	171
Weighted average shares, diluted millions of shares	171*	172	172	172	172*	171	170	170	170*	171	171	171

Fiscal quarters (ARE's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Cash and cash equivalents	618	722	561	563	552	476	521	579	549	419	470	509
Property and equipment, net	27	28	33	36	40	47	54	63	70	80	76	77
Right-of-use asset	516	513	510	777	764	729	717	713	698	694	689	686
Total assets	36,771	37,699	37,848	38,488	37,527	37,600	37,624	37,375	34,082	34,167	34,632	34,052
Total liabilities	14,148	14,943	15,181	15,785	15,129	15,601	15,885	16,257	14,925	14,804	15,457	15,633
Total stockholders' equity	18,471	18,413	18,259	18,218	17,889	17,465	17,175	16,639	15,470	15,734	15,554	14,807
Total liabilities and equity	36,771	37,699	37,848	38,488	37,527	37,600	37,624	37,375	34,082	34,167	34,632	34,052
Common shares outstanding (cover page) millions of shares	175	175	175	175	173	173	173	173	173	174	174	174

Fiscal quarters (ARE's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Net income (loss)	(88)*	171	47	168	(62)*	(9)	(107)	(233)	(1,081)*	362	(73)	(638)
Stock-based compensation	35*	17	15*	16*	12*	10	13*	10*	8*	11	10*	12*
Net cash from operating activities	429*	341	412*	477*	274*	208	460*	433*	312*	197	337*	342*
Net cash from investing activities	(390)*	(895)	(574)*	(488)*	446*	(655)	(375)*	(408)*	1,800*	(585)	(410)*	(171)*
Proceeds from issuing common stock	104*	—	—	—	year only	—	—	—	year only	—	—	—
Share repurchases	year only	0	0*	0*	50*	208	0*	0*	0*	0	0*	0*
Dividends paid	214*	222	222*	227*	227*	230	227*	227*	227*	124	124*	124*
Net cash from financing activities	55*	624	(4)*	25*	(739)*	371	(41)*	31*	(2,145)*	258	125*	(132)*
Net change in cash	93*	71	(166)*	14*	(20)*	(76)	44*	56*	(30)*	(130)	52*	39*

SIC 6798 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 6798 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
Alexandria Real Estate Equities	509	671	342*	174.2M	Q3 FY26 10-QSep 30, 2026
Gaming & Leisure Properties	166	435	280*	290.9M	Q3 FY26 10-QSep 30, 2026
Annaly Capital Management	2,181	not reported	2,856*	787.9M	Q3 FY26 10-QSep 30, 2026
Regency Centers	not reported	414	not reported	183.1M	Q2 FY26 10-QJun 30, 2026
Camden Property Trust	45	3.1	212*	100.5M	Q2 FY26 10-QJun 30, 2026
Mid America Apartment Communities	26	560	not reported	116.0M	Q3 FY26 10-QSep 30, 2026
Equity Lifestyle Properties	24	410	152*	194.8M	Q3 FY26 10-QSep 30, 2026
American Homes 4 Rent	84	not reported	293*	not reported	Q2 FY26 10-QJun 30, 2026
Royal Gold	182	451	335*	84.7M	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.