Alexandria Real Estate Equities (ARE) Stock: Charts & Financials

Alexandria Real Estate Equities, Inc. (ARE)AREAlexandria Real Estate Equities, Inc.

About Alexandria Real Estate Equities, Inc.

Alexandria Real Estate Equities, Inc. (NYSE:ARE), an S&P 500® real estate investment trust, stands as the pioneering and most seasoned entity in the specialized domain of urban office properties. Since its inception in 1994, Alexandria has uniquely focused on the ownership, operation, and development of integrated campuses tailored for the life science, technology, and agtech sectors, strategically positioned within premier innovation ecosystems. By December 31, 2020, the company commanded a market capitalization of $31.9 billion and managed an extensive North American asset portfolio totaling 49.7 million square feet. This substantial base encompasses 31.9 million RSF of operational properties, 3.3 million RSF of premium Class A spaces currently under construction, 7.1 million RSF designated for near-to-mid-term development and refurbishment, and an additional 7.4 million SF earmarked for future projects. Alexandria has cultivated a significant footprint across vital innovation hubs such as Greater Boston, San Francisco, New York City, San Diego, Seattle, Maryland, and Research Triangle. Its established expertise lies in crafting superior Class A facilities within these urban campuses, fostering dynamic and collaborative environments. These spaces are instrumental in empowering innovative tenants to successfully attract and retain world-class professionals, thereby stimulating productivity, efficiency, creativity, and overall achievement. Furthermore, Alexandria extends its support to transformative life science, technology, and agtech companies through its dedicated venture capital platform. This distinct business model, coupled with rigorous underwriting practices, ensures a diverse and high-caliber tenant roster, ultimately driving elevated occupancy rates, extended lease durations, robust rental revenues, superior financial returns, and enhanced long-term asset appreciation.

Pasadena, CA

514 employees

www.are.com

Real Estate / REIT - Office

Sector: Real Estate
Industry: REIT - Office
CEO: Peter Moglia

View full financials

Quarterly Report	TTM	Quarter ended Jun 2026	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024
Revenue	2.96B	796.01M	671.02M	754.41M	735.85M	737.28M	743.17M	763.25M	775.74M
Cost of Goods Sold	903.25M	207.34M	224.14M	232.54M	239.23M	224.43M	226.40M	240.43M	233.26M
Gross Profit	2.05B	588.67M	446.88M	521.87M	496.62M	512.85M	516.78M	522.82M	542.48M
Gross Profit Margin	69.5%	74.0%	66.6%	69.2%	67.5%	69.6%	69.5%	68.5%	69.9%
Total Operating Expenses	3.41B	563.72M	340.13M	2.13B	369.45M	375.25M	372.74M	362.84M	337.94M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	128.79M	36.86M	34.69M	28.02M	29.22M	29.13M	30.68M	32.73M	43.95M
Operating Income (EBIT)	-1.35B	24.96M	106.75M	-1.61B	127.16M	137.59M	144.04M	159.98M	204.54M
Operating Margin	-45.7%	3.1%	15.9%	-213.6%	17.3%	18.7%	19.4%	21.0%	26.4%
Income Before Tax (EBT)	-966.79M	55.06M	171.35M	-995.35M	-197.84M	-62.19M	38.66M	-16.09M	213.60M
Interest Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	249.45M	64.34M	64.58M	65.67M	54.85M	55.30M	50.88M	55.66M	43.55M
Other Income/Expense	385.41M	30.10M	64.60M	615.72M	-325.01M	-199.78M	-105.38M	-176.07M	9.07M
Net Income	-904.00M	12.22M	398.38M	-1.08B	-232.75M	-107.00M	-8.94M	-62.24M	167.95M
Income Tax Expense	9.03M	9.03M	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Profit Margin	-30.6%	1.5%	59.4%	-143.4%	-31.6%	-14.5%	-1.2%	-8.2%	21.6%
EBITDA	-80.08M	329.34M	412.19M	-1.29B	467.39M	483.72M	486.11M	490.09M	498.53M
EBITDA Margin	-2.7%	41.4%	61.4%	-170.9%	63.5%	65.6%	65.4%	64.2%	64.3%
Depreciation & Amortization	1.27B	304.38M	305.44M	322.06M	340.23M	346.12M	342.06M	330.11M	294.00M
EPS Basic	-5.57	0.06	2.10	-6.35	-1.38	-0.64	-0.07	-0.38	0.96
EPS Diluted	-5.56	0.07	2.10	-6.35	-1.38	-0.64	-0.07	-0.38	0.96
Shares Outstanding	188.38M	188.38M	188.38M	170.39M	170.13M	170.13M	170.52M	172.06M	172.06M
Diluted Shares Outstanding	188.38M	188.38M	188.38M	170.39M	170.13M	170.13M	170.52M	172.06M	172.06M

Quarterly Report

TTM

Quarter ended Jun 2026

Quarter ended Mar 2026

Quarter ended Dec 2025

Quarter ended Sep 2025

Quarter ended Jun 2025

Quarter ended Mar 2025

Quarter ended Dec 2024

Quarter ended Sep 2024

Revenue

2.96B

796.01M

671.02M

754.41M

735.85M

737.28M

743.17M

763.25M

775.74M

Cost of Goods Sold

903.25M

207.34M

224.14M

232.54M

239.23M

224.43M

226.40M

240.43M

233.26M

Gross Profit

2.05B

588.67M

446.88M

521.87M

496.62M

512.85M

516.78M

522.82M

542.48M

Gross Profit Margin

69.5%

74.0%

66.6%

69.2%

67.5%

69.6%

69.5%

68.5%

69.9%

Total Operating Expenses

3.41B

563.72M

340.13M

2.13B

369.45M

375.25M

372.74M

362.84M

337.94M

Research & Development

N/A

Selling, General & Administrative

128.79M

36.86M

34.69M

28.02M

29.22M

29.13M

30.68M

32.73M

43.95M

Operating Income (EBIT)

-1.35B

24.96M

106.75M

-1.61B

127.16M

137.59M

144.04M

159.98M

204.54M

Operating Margin

-45.7%

3.1%

15.9%

-213.6%

17.3%

18.7%

19.4%

21.0%

26.4%

Income Before Tax (EBT)

-966.79M

55.06M

171.35M

-995.35M

-197.84M

-62.19M

38.66M

-16.09M

213.60M

Interest Income

N/A

Interest Expense

249.45M

64.34M

64.58M

65.67M

54.85M

55.30M

50.88M

55.66M

43.55M

Other Income/Expense

385.41M

30.10M

64.60M

615.72M

-325.01M

-199.78M

-105.38M

-176.07M

9.07M

Net Income

-904.00M

12.22M

398.38M

-1.08B

-232.75M

-107.00M

-8.94M

-62.24M

167.95M

Income Tax Expense

9.03M

0.00

Net Profit Margin

-30.6%

1.5%

59.4%

-143.4%

-31.6%

-14.5%

-1.2%

-8.2%

21.6%

EBITDA

-80.08M

329.34M

412.19M

-1.29B

467.39M

483.72M

486.11M

490.09M

498.53M

EBITDA Margin

-2.7%

41.4%

61.4%

-170.9%

63.5%

65.6%

65.4%

64.2%

64.3%

Depreciation & Amortization

1.27B

304.38M

305.44M

322.06M

340.23M

346.12M

342.06M

330.11M

294.00M

EPS Basic

-5.57

0.06

2.10

-6.35

-1.38

-0.64

-0.07

-0.38

0.96

EPS Diluted

-5.56

0.07

2.10

-6.35

-1.38

-0.64

-0.07

-0.38

0.96

Shares Outstanding

188.38M

170.39M

170.13M

170.52M

172.06M

Diluted Shares Outstanding

188.38M

170.39M

170.13M

170.52M

172.06M

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	2.97B	3.05B	2.84B	2.58B	2.11B	1.89B	1.52B	1.33B
Cost of Goods Sold	922.61M	909.26M	859.18M	783.15M	623.55M	530.22M	445.49M	381.12M
Gross Profit	2.05B	2.14B	1.98B	1.79B	1.48B	1.36B	1.07B	946.34M
Gross Profit Margin	68.9%	70.2%	69.8%	69.6%	70.4%	72.0%	70.6%	71.3%
Total Operating Expenses	3.25B	1.37B	1.29B	1.18B	972.52M	133.34M	653.43M	568.07M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	117.05M	168.36M	199.35M	177.28M	151.46M	133.34M	108.82M	90.41M
Operating Income (EBIT)	-1.20B	769.70M	690.45M	613.46M	512.17M	1.23B	417.94M	422.25M
Operating Margin	-40.5%	25.2%	24.3%	23.8%	24.3%	65.0%	27.6%	31.8%
Income Before Tax (EBT)	-1.22B	510.73M	280.99M	670.70M	654.28M	827.17M	404.05M	402.79M
Interest Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	226.70M	185.84M	74.20M	94.20M	142.16M	171.61M	173.68M	157.50M
Other Income/Expense	-14.45M	-258.97M	-409.45M	57.24M	142.11M	-403.05M	-13.89M	-460.68M
Net Income	-1.43B	322.95M	103.64M	521.66M	571.25M	770.96M	363.17M	517.35M
Income Tax Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-114.55M
Net Profit Margin	-48.2%	10.6%	3.6%	20.3%	27.1%	40.7%	23.9%	39.0%
EBITDA	148.20M	1.97B	1.78B	1.62B	1.33B	1.87B	962.55M	1.36B
EBITDA Margin	5.0%	64.7%	62.8%	62.7%	63.2%	98.8%	63.5%	102.7%
Depreciation & Amortization	1.35B	1.20B	1.09B	1.00B	821.06M	640.86M	544.61M	940.83M
EPS Basic	-8.44	1.80	0.54	3.18	3.83	4.69	1.60	5.02
EPS Diluted	-8.44	1.80	0.54	3.18	3.82	4.67	1.59	5.01
Shares Outstanding	170.39M	172.07M	170.91M	161.66M	146.92M	126.11M	112.20M	103.01M
Diluted Shares Outstanding	170.39M	172.07M	170.91M	161.66M	147.46M	126.49M	112.52M	103.32M

Annual Report

12/31/2025

12/31/2024

12/31/2023

12/31/2022

12/31/2021

12/31/2020

12/31/2019

12/31/2018

Revenue

2.97B

3.05B

2.84B

2.58B

2.11B

1.89B

1.52B

1.33B

Cost of Goods Sold

922.61M

909.26M

859.18M

783.15M

623.55M

530.22M

445.49M

381.12M

Gross Profit

2.05B

2.14B

1.98B

1.79B

1.48B

1.36B

1.07B

946.34M

Gross Profit Margin

68.9%

70.2%

69.8%

69.6%

70.4%

72.0%

70.6%

71.3%

Total Operating Expenses

3.25B

1.37B

1.29B

1.18B

972.52M

133.34M

653.43M

568.07M

Research & Development

N/A

Selling, General & Administrative

117.05M

168.36M

199.35M

177.28M

151.46M

133.34M

108.82M

90.41M

Operating Income (EBIT)

-1.20B

769.70M

690.45M

613.46M

512.17M

1.23B

417.94M

422.25M

Operating Margin

-40.5%

25.2%

24.3%

23.8%

24.3%

65.0%

27.6%

31.8%

Income Before Tax (EBT)

-1.22B

510.73M

280.99M

670.70M

654.28M

827.17M

404.05M

402.79M

Interest Income

N/A

Interest Expense

226.70M

185.84M

74.20M

94.20M

142.16M

171.61M

173.68M

157.50M

Other Income/Expense

-14.45M

-258.97M

-409.45M

57.24M

142.11M

-403.05M

-13.89M

-460.68M

Net Income

-1.43B

322.95M

103.64M

521.66M

571.25M

770.96M

363.17M

517.35M

Income Tax Expense

0.00

-114.55M

Net Profit Margin

-48.2%

10.6%

3.6%

20.3%

27.1%

40.7%

23.9%

39.0%

EBITDA

148.20M

1.97B

1.78B

1.62B

1.33B

1.87B

962.55M

1.36B

EBITDA Margin

5.0%

64.7%

62.8%

62.7%

63.2%

98.8%

63.5%

102.7%

Depreciation & Amortization

1.35B

1.20B

1.09B

1.00B

821.06M

640.86M

544.61M

940.83M

EPS Basic

-8.44

1.80

0.54

3.18

3.83

4.69

1.60

5.02

EPS Diluted

-8.44

1.80

0.54

3.18

3.82

4.67

1.59

5.01

Shares Outstanding

170.39M

172.07M

170.91M

161.66M

146.92M

126.11M

112.20M

103.01M

Diluted Shares Outstanding

170.39M

172.07M

170.91M

161.66M

147.46M

126.49M

112.52M

103.32M

Income Statement

Quarterly Income Statement (USD)

Annual Income Statement (USD)