Alexandria Real Estate Equities (ARE): financials, SEC filings and peers
Alexandria Real Estate Equities (ARE) is an office reits company in the Real Estate sector of the S&P 500, headquartered in Pasadena, California.
It was founded in 1994 and joined the S&P 500 on March 20, 2017.
Its fiscal year ends in December, and its shares trade on the NYSE.
In its SEC filings it is classified as “Real Estate Investment Trusts”.
Alexandria Real Estate Equities at a glance
- Revenue (12 months)
- $2.8B
- Revenue growth
- -8.4%
- Operating margin
- —
- Net income (12 months)
- −$1.0B
- Free cash flow (12 months)
- —
- Cash
- $470M
- Debt
- $12.8B
- Diluted EPS (12 months)
- $-6.06
Twelve months to June 30, 2026, from the 10-Q filed August 3, 2026.
Latest twelve months
Over the twelve months to June 30, 2026, Alexandria Real Estate Equities reported revenue of $2.8 billion, down 8.4% from $3.1 billion a year earlier.
Alexandria Real Estate Equities reported a net loss of $1.0 billion over the period.
At the end of the period it held $470 million in cash and $12.8 billion in debt, a net debt position of $12.3 billion.
Five-year trend
- Revenue went from $1.9 billion in fiscal 2020 to $3.0 billion in fiscal 2025, about 9.9% a year.
- Alexandria Real Estate Equities reported a net loss in 1 of the last 6 fiscal years.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $2.1B | $2.6B | $2.9B | $3.1B | $3.0B |
| Revenue growth | 12.1% | 22.5% | 11.5% | 8.0% | -2.9% |
| Operating margin | — | — | — | — | — |
| Net income | $571M | $522M | $104M | $323M | −$1.4B |
| Free cash flow | — | — | — | — | — |
| Diluted EPS | $3.82 | $3.18 | $0.54 | $1.80 | $-8.44 |
Fiscal years as reported in Alexandria Real Estate Equities’s 10-K filings. Free cash flow is operating cash flow minus capital spending.
Recent SEC filings
- 8-K filed September 24, 2026 — Material agreement; New debt obligation
- 8-K filed August 21, 2026 — Material agreement; New debt obligation
- 8-K filed August 14, 2026 — Other event
- 8-K filed August 3, 2026 — Earnings results
- 10-Q filed August 3, 2026 — quarterly report
- 8-K filed July 9, 2026 — Material agreement; New debt obligation
- 8-K filed May 14, 2026 — Shareholder vote results
- 8-K filed April 27, 2026 — Earnings results
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Questions about Alexandria Real Estate Equities
Is Alexandria Real Estate Equities's revenue growing?
No. Revenue for the twelve months to June 30, 2026 was $2.8 billion, down 8.4% from a year earlier, according to its SEC filings.
Is Alexandria Real Estate Equities profitable?
Not over the latest twelve months: it reported a net loss of $1.0 billion for the period to June 30, 2026.
Does Alexandria Real Estate Equities have more cash or more debt?
At June 30, 2026 it had $470 million in cash and $12.8 billion in debt, so more debt than cash.
When did Alexandria Real Estate Equities last file financial results?
Its latest quarterly report (10-Q) was filed with the SEC on August 3, 2026.
Which companies are similar to Alexandria Real Estate Equities?
In the S&P 500, Alexandria Real Estate Equities is grouped in Office REITs within the Real Estate sector. BXP, Inc. (BXP) are in the same group.
Understand the numbers
Source: Alexandria Real Estate Equities’s filings with the U.S. Securities and Exchange Commission (EDGAR), retrieved September 27, 2026. Figures are as reported by the company and may be restated. This page is for information only and is not financial advice.