Alexandria Real Estate Equities, Inc.
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of Alexandria Real Estate Equities, Inc. (ARE). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Reportable Segment, Aggregation before Other Operating Segment | $2.45B 94.8% | $2.71B 93.8% · +10.3% | $2.93B 93.9% · +8.2% | $2.84B 93.7% · -3.2% |
| Other Operating Segment | $134.9M 5.2% | $179.3M 6.2% · +32.9% | $188.8M 6.1% · +5.3% | $191.3M 6.3% · +1.3% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
| Segment | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Reportable Segment, Aggregation before Other Operating Segment | $1.76B 71.7% | $1.94B 71.8% | $2.10B 71.6% | $1.97B 69.4% |
| Other Operating Segment | – | – | – | – |
Large figure: segment operating income. Below it the margin, that is operating income measured against the revenue of the same segment.
Revenue by product line
| Segment | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| Income from rentals | – | $2.11B 99.7% | $2.58B 99.5% · +22.2% | $2.84B 98.5% · +10.3% |
| Other income | $7.4M 0.4% | $5.9M 0.3% · -20.6% | $12.9M 0.5% · +119.0% | $43.2M 1.5% · +234.6% |
| Income from rentals | $1.88B 99.6% | – | – | – |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 12, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.