ALEXANDRIA REAL ESTATE EQUITIES, INC. (ARE) — financial distillation
Annual history (10-K)
Quarterly history (10-Q)
Two headline lines are shown to start. Click any item in a legend to add or remove it — every figure on the chart is one the table below also carries, for the period it names.
In brief, from the full filed history
- Revenue grew from $921.7M (period ending 2016-12-31) to $3.03B (period ending 2025-12-31) — a 14.1% annual pace across 9 year(s) of filed history.
- Net margin compressed from -7.1% to -47.2% over that same span.
- Across 28 tracked quarters, the strongest was $791.6M (quarter ending 2024-09-30) and the weakest was $273.1M (quarter ending 2017-06-30).
Annual — most recent 10-K
| Line | Value | Period ends | Form | Filing |
|---|---|---|---|---|
| Revenue | $3.03B | 2025-12-31 | 10-K | 0001035443-26-000013 |
| Net income | $-1.43B | 2025-12-31 | 10-K | 0001035443-26-000013 |
| Diluted EPS | $-8.44 | 2025-12-31 | 10-K | 0001035443-26-000013 |
| Total assets | $34.08B | 2025-12-31 | 10-K | 0001035443-26-000013 |
| Total liabilities | $14.93B | 2025-12-31 | 10-K | 0001035443-26-000013 |
| Cash & equivalents | $549.1M | 2025-12-31 | 10-K | 0001035443-26-000013 |
| Operating cash flow | $1.41B | 2025-12-31 | 10-K | 0001035443-26-000013 |
Quarterly — most recent 10-Q
| Line | Value | Period ends | Form | Filing |
|---|---|---|---|---|
| Revenue | $662.8M | 2026-06-30 | 10-Q | 0001035443-26-000066 |
| Net income | $-72.8M | 2026-06-30 | 10-Q | 0001035443-26-000066 |
| Diluted EPS | $-0.43 | 2026-06-30 | 10-Q | 0001035443-26-000066 |
| Total assets | $34.63B | 2026-06-30 | 10-Q | 0001035443-26-000066 |
| Total liabilities | $15.46B | 2026-06-30 | 10-Q | 0001035443-26-000066 |
| Cash & equivalents | $470.4M | 2026-06-30 | 10-Q | 0001035443-26-000066 |
| Operating cash flow | $196.6M | 2026-03-31 | 10-Q | 0001035443-26-000042 |
Reading
The figures above are taken directly from filings with the U.S. Securities and Exchange Commission. The reading below was generated by a local language model from only those figures; it introduces no numbers of its own. It is not investment advice.
Alexandria Real Estate Equities, Inc. (ARE) operates primarily in the real estate investment trust (REIT) sector, with a scale evident in its substantial total assets of $34.63 billion as of the most recent quarterly filing. The company’s revenue has demonstrated a 14.1% annual growth over nine years, escalating from $921.7 million in 2016 to $3.03 billion in 2025. However, this expansion has been accompanied by a concerning compression of net margins, shrinking from -7.1% to -47.2% over the same period, indicating increasing operational costs or decreasing profitability relative to revenue.
The multi-year trajectory reveals a pattern of steady revenue growth but with diminishing net income margins, suggesting potential challenges in managing expenses as the business scales. The strongest quarterly revenue was reported at $791.6 million in Q3 2024, while the weakest was $273.1 million in Q2 2017, highlighting seasonal or cyclical fluctuations that investors should monitor closely in future filings to discern whether these variations are part of a consistent pattern or indicative of broader issues.
In upcoming filings, readers should focus on how ARE addresses the widening gap between revenue growth and net income margins. Additionally, the company’s ability to maintain or improve its liquidity position, given the reduction in cash and equivalents from $549.1 million to $470.4 million over the past year despite increasing operating cash flow, will be of interest. The trend in total liabilities growing alongside assets also warrants attention as it could signal changes in financing strategies or increased leverage.
Source: SEC EDGAR company facts for CIK 0001035443 · filings index