American Assets Trust Q2 FFO dips to $0.51 per share; 2026 guidance affirmed
American Assets Trust reported second quarter 2026 results with total revenue up slightly from a year earlier, while FFO and net income were roughly flat to slightly lower. The company affirmed its full-year 2026 FFO guidance, which matters to shareholders as the main forward-looking measure in the release.
Key points
- Q2 2026 total revenue was $109.5 million, compared with $107.9 million in Q2 2025; net income attributable to common stockholders was $5.2 million, or $0.09 per diluted share, versus $5.5 million, or $0.09, a year earlier.
- FFO was $0.51 per diluted share in Q2 2026, compared with $0.52 in Q2 2025; six-month FFO was $1.02 per share versus $1.04.
- Full-year 2026 FFO guidance was affirmed at $1.96 to $2.10 per diluted share, with a midpoint of $2.03.
- Same-store cash NOI rose 0.3% in Q2 2026; the company cited a one-time reserve for receivables from an office tenant at Coastal Collection at Torrey Reserve.
The filing
Written by AI on Nov 8, 2026, 6:58 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 28, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.