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Other financials

Income statement

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Revenue$671.0M-11.5%
Net income$361.7M+4,146%
EPS (diluted)$2.10+3,100%

Balance sheet

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Cash & equivalents$418.7M-12.1%
Total debt$358.6M-3.4%
Total equity$15.7B-9.9%
Total assets$34.2B-9.1%

Cash flow

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Operating cash flow$196.6M-5.4%
CapEx$137.6M-6.4%
Free cash flow$59.0M-3.1%

Valuation

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Market cap$8.62B-31.6%
Enterprise value$8.56B-31.2%
P/S2.9×-1.1×

Profitability

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Net margin-36%-42.7pp
FCF margin36.5%+1.8pp

Returns & leverage

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Return on equity-6.4%-7.5pp
Debt / equity0.0×

Where this comes from

Reported directly by Alexandria Real Estate Equities in its filing.

Tagged under the XBRL concept us-gaap:ShareBasedCompensation.

The source filing: Alexandria Real Estate Equities’s 10-Q, filed April 27, 2026.

Filed
Apr 27, 2026, 4:08 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001035443-26-000042
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Amortization of debt discounts320349
Amortization of acquired above- and below-market leases(5,615)(15,222)
Deferred rent(17,862)(22,023)
Stock compensation expense11,03210,064
Investment loss4,58249,992
Changes in operating assets and liabilities:
Tenant receivables(693)(467)
Deferred leasing costs(20,121)(26,645)

ITEM 1. FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is Alexandria Real Estate Equities's stock-based comp?
Alexandria Real Estate Equities (ARE) reported stock-based comp of $11.03M in Q1 2026.
How has Alexandria Real Estate Equities's stock-based comp changed year-over-year?
Alexandria Real Estate Equities's stock-based comp increased by 9.6% year-over-year, from $10.06M to $11.03M.
What is the long-term trend for Alexandria Real Estate Equities's stock-based comp?
Over 4 years (2021 to 2025), Alexandria Real Estate Equities's stock-based comp has grown at a -4.1% compound annual growth rate (CAGR), from $48.67M to $41.12M.
What does stock-based comp mean?
Total non-cash stock-based compensation expense for equity awards (RSUs, options, ESPP), added back to net income in cash flow reconciliation.

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