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ARE · NYSE · REIT - Office

Alexandria Real Estate Equities (ARE)

Owns, operates, and develops Megacampus real estate for life science and advanced-technology tenants.

$54.67

vs last close+1.33 (+2.49%)

In millions of USD, except per-share figures

In millions	Q3 FY23Sep 2023	Q4 FY23Dec 2023	Q1 FY24Mar 2024	Q2 FY24Jun 2024	Q3 FY24Sep 2024	Q4 FY24Dec 2024	Q1 FY25Mar 2025	Q2 FY25Jun 2025	Q3 FY25Sep 2025	Q4 FY25Dec 2025	Q1 FY26Mar 2026	Q2 FY26Jun 2026
Revenue	708	743	756	755	776	763	743	737	736	754	671	796
Cost of revenue	218	223	218	217	233	240	226	224	239	233	224	207
Gross profit	490	520	537	538	542	523	517	513	497	522	447	589
	315	345	335	335	338	363	373	375	369	2,133	340	564
	46	59	47	45	44	33	31	29	29	28	35	37
General & administrative	46	59	47	45	44	33	31	29	29	28	35	37
Other expenses	269	285	288	291	294	330	342	346	340	2,105	305	527
Operating income	174	175	203	203	205	160	144	138	127	−1,611	107	25
	−106	−218	17	−109	9	−176	−105	−200	−325	616	65	30
Interest expense	11	32	41	46	44	56	51	55	55	66	65	64
Other non-operating income	95	186	−57	63	−53	120	55	144	270	−681	−65	−30
Income before tax	68	−43	219	94	214	−16	39	−62	−198	−995	171	55
Income tax expense	0	0	0	0	0	0	0	0	0	0	0	9
Net income from continuing operations	68	−43	219	94	214	−16	39	−62	−198	−995	171	46
Other adjustments	0	0	0	0	0	0	0	0	0	−1	264	0
Net income	24	−88	171	47	168	−62	−9	−107	−233	−1,082	398	12
EPS, basic	$0.13	−$0.54	$0.97	$0.25	$0.96	−$0.38	−$0.07	−$0.64	−$1.38	−$6.35	$2.10	$0.06
EPS, diluted	$0.13	−$0.54	$0.97	$0.25	$0.96	−$0.38	−$0.07	−$0.64	−$1.38	−$6.35	$2.10	$0.07
Weighted average shares, basic	171	171	172	172	172	172	171	170	170	170	188	188
Weighted average shares, diluted	171	171	172	172	172	172	171	170	170	170	188	188
EBITDA	326	251	548	431	551	370	432	339	197	−608	477	359
Depreciation & amortization	246	262	288	291	294	330	342	346	340	322	305	304
EBIT	80	−11	260	140	257	40	90	−7	−143	−930	171	55