ARE · News · 20260804N

Revenue Performance and Mix

ALEXANDRIA REAL ESTATE EQUITIES, INC. · 2026-08-04 · Importance 60 · Surprise 40

Alexandria reported Q2 2026 revenue of $662.78 million, slightly above expectations but down 13% year over year. The company is shifting its tenant mix toward advanced technology and medical product, service, and device companies to offset weakness among public biotech tenants. Q2 net income declined to a $73.7 million loss, while adjusted FFO was $1.73 per diluted share.

Key facts

• Maintained full-year FFO guidance midpoint of $6.40 and narrowed the range. source
• Reported net loss of $73.7 million in Q2. source
• Revenue for the quarter was $662.78 million. source
• Market reactions: shares dropped 7.84% to close at $48.87 on one trading day and were 44.61% below 52-week high $88.24 (Sept 19). source
• Some reports cited a 5.87% drop in ARE share price during after-hours trading following the Q2 results. source
• Q2 adjusted FFO: $1.73 per diluted share. source
• Adjusted EPS (loss) for the quarter: $0.43 per share. source
• One report said FFO increased quarter-to-date while the company still posted a quarterly loss and declining net income/FFO compared to prior year. source