Alexandria Real Estate Equities Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $3.03B | $3.12B | $2.89B | $2.59B | $2.11B | $1.89B | $1.53B |
| Rental income | — | $2.95B | $3.05B | $2.84B | $2.58B | $2.11B | $1.88B | $1.52B |
| Tenant recoveries | — | — | — | — | — | — | — | — |
| Other income | — | $81.4M | $66.7M | $43.2M | $12.9M | $5.9M | $7.4M | $14.4M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | $117.0M | $168.4M | $199.4M | $177.3M | $151.5M | $133.3M | $108.8M |
| Operating Income | — | $-1.79B | $427.5M | $198.4M | $463.9M | $256.0M | $243.6M | $198.8M |
| Operating Margin | — | -59.2% | 13.7% | 6.9% | 17.9% | 12.1% | 12.9% | 13.0% |
| Interest Expense | — | $226.7M | $185.8M | $74.2M | $94.2M | $142.2M | $171.6M | $173.7M |
| Pretax Income | — | — | — | — | — | — | — | — |
| Income Tax Expense | — | — | — | — | — | — | — | — |
| Net Income | — | $-1.43B | $322.9M | $103.6M | $521.7M | $571.2M | $771.0M | $363.2M |
| Net Margin | — | -47.2% | 10.4% | 3.6% | 20.1% | 27.0% | 40.9% | 23.7% |
| EPS (Basic) | — | $-8.44 | $1.80 | $0.54 | $3.18 | $3.83 | $6.03 | $3.13 |
| EPS (Diluted) | — | $-8.44 | $1.80 | $0.54 | $3.18 | $3.82 | $6.01 | $3.12 |
| Shares Outstanding (Basic) | 173.3M | 170.3M | 172.1M | 170.9M | 161.7M | 146.9M | 126.1M | 112.2M |
| Shares Outstanding (Diluted) | 173.3M | 170.3M | 172.1M | 170.9M | 161.7M | 147.5M | 126.5M | 112.5M |
| Dividends Per Share | — | $4.68 | $5.19 | $4.96 | $4.72 | $4.48 | $4.24 | $4.00 |