Alexandria Real Estate Equities income statement
In fiscal 2025, Alexandria Real Estate Equities reported revenue of $3.03bn, down 2.9% on the year before and net income of −$1.43bn, or −$8.44 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 922 | 1,128 | 1,327 | 1,531 | 1,886 | 2,114 | 2,589 | 2,886 | 3,116 | 3,027 | 2,759 |
| General and administrative | 64 | 75 | 90 | 109 | 133 | 151 | 177 | 199 | 168 | 117 | 140 |
| Interest expense | 107 | 129 | 157 | 174 | 172 | 142 | 94 | 74 | 186 | 227 | 274 |
| Net income | −66 | 169 | 379 | 363 | 771 | 571 | 522 | 104 | 323 | −1,430 | −1,430 |
| Diluted EPS | −$1.99 | $1.58 | $3.52 | $3.12 | $6.01 | $3.82 | $3.18 | $0.54 | $1.80 | −$8.44 | −$8.38 |
| Diluted shares (average) | 76m | 92m | 103m | 113m | 126m | 147m | 162m | 171m | 172m | 170m | 171m |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 789 | 758 | 762 | 752 | 754 | 671 | 663 | 671 |
| General and administrative | 33 | 31 | 29 | 29 | 28 | 35 | 37 | 41 |
| Interest expense | 56 | 51 | 55 | 55 | 66 | 65 | 64 | 80 |
| Net income | −62 | −9 | −107 | −233 | −1,081 | 362 | −73 | −638 |
| Diluted EPS | −$0.38 | −$0.07 | −$0.64 | −$1.38 | −$6.35 | $2.10 | −$0.43 | −$3.74 |
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