Alexandria Real Estate Equities, Inc.

Real Estate · REIT - Office

47.40$ +0.7% vs. previous close Closing price · As of: Oct 2, 2026

Statements

Income Statement

Alexandria Real Estate Equities, Inc. (ARE) by the numbers: income statement, balance sheet and cash flow, by year or by quarter. In the most recent period (2025), "Revenue" came in at 2,971 million USD. Tick rows to compare them in a chart.

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Amounts Change % Common size % Per share

Last 12 Full history

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All figures in millions of USD.

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Income Statement ARE
Line item	1996	1997	1998	1999	2000	2001	2002	2003	2004	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Revenue	11	28	47	67	81	99	120	134	155	195	245	317	-79	491	487	510	586	631	727	820	898	1,125	1,327	1,531	1,886	2,114	2,576	2,842	3,050	2,971
Cost of Revenue	–	–	–	–	55	68	79	86	96	131	171	99	115	120	132	169	175	189	219	261	278	326	381	445	530	624	783	859	909	923
Gross Profit	11	28	47	67	81	99	120	134	155	195	245	218	-193	371	355	341	412	442	508	558	619	799	946	1,086	1,355	1,491	1,793	1,983	2,140	2,048
Research & Development	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	–	–
Selling, General & Administrative	2.0	2.5	3.9	7.0	9.0	12	13	14	15	21	26	32	35	157	167	210	48	49	54	60	64	75	90	109	133	151	177	199	168	117
Total Operating Expenses	2.0	2.5	3.9	7.0	9.0	12	13	14	15	21	26	32	149	157	167	216	237	238	278	321	377	492	568	653	831	973	1,179	1,293	1,371	3,250
Operating Income	8.5	4.2	33	42	52	59	65	86	89	113	145	182	202	216	205	195	103	131	181	137	41	181	422	443	532	530	613	690	770	-1,202
Interest Expense	6.3	7.0	14	20	26	29	25	26	29	49	71	88	79	81	70	63	69	68	79	106	107	129	157	174	172	142	94	74	186	227
Pre-Tax Income	2.2	-2.8	19	22	26	30	40	60	60	63	73	94	123	135	135	131	92	139	106	146	-50	194	403	404	827	654	671	281	511	-1,217
Income Tax Expense	-2.2	2.8	-19	-22	-26	-30	-40	-60	-60	-63	-73	-94	-123	-135	-135	-131	-10	3.1	4.0	1.9	16	25	-115	225	236	237	94	-189	–	–
Net Income	2.2	-2.8	19	22	26	30	40	60	60	63	73	94	116	135	135	131	102	136	102	144	-66	169	379	363	771	571	522	104	323	-1,431
EBITDA	11	9.1	44	61	77	91	101	127	132	171	223	275	312	323	206	294	290	324	323	407	264	611	900	987	1,230	1,351	1,767	1,449	1,899	360

Data as of: October 2, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)

Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.

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Income Statement

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