Alexandria Real Estate Equities (ARE) financials
Alexandria Real Estate Equities revenue and earnings by year
Alexandria Real Estate Equities's revenue was $3.03 billion in the fiscal year to December 31, 2025, down 2.9% from the year before. Net income was -$1.43 billion, -47.2% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 14.1% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.03 | 3.12 | 2.89 | 2.59 | 2.11 | 1.89 | 1.53 | 1.33 | 1.13 | 0.92 |
| Revenue growth | -2.9% | 8.0% | 11.5% | 22.5% | 12.1% | 23.1% | 15.4% | 17.7% | 22.4% | — |
| Operating income | -0.92 | 0.74 | 0.55 | 1.10 | 0.59 | 0.63 | 0.42 | 0.37 | 0.31 | 0.06 |
| Operating margin | -30.5% | 23.8% | 19.0% | 42.5% | 28.0% | 33.4% | 27.5% | 28.0% | 27.5% | 6.2% |
| Net income | -1.43 | 0.32 | 0.10 | 0.52 | 0.57 | 0.77 | 0.36 | 0.38 | 0.17 | -0.07 |
| Net margin | -47.2% | 10.4% | 3.6% | 20.1% | 27.0% | 40.9% | 23.7% | 28.6% | 15.0% | -7.1% |
| Diluted EPS | -$8.44 | $1.80 | $0.54 | $3.18 | $3.82 | $5.85 | $3.09 | $3.52 | $1.57 | -$2.00 |
| Free cash flow | 0.96 | 0.05 | -0.86 | -3.90 | -6.32 | -2.39 | -2.79 | -1.37 | -1.10 | -1.04 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open ARE in Markets.
See also: ARE valuation and P/E history · ARE returns
No forecast, no recommendation. This page describes Alexandria Real Estate Equities from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.