Alexandria reports 2Q26 net loss of $73.7 million; FFO per share falls to $1.73
Alexandria Real Estate Equities reported a second-quarter 2026 net loss attributable to common stockholders of $73.7 million, or $0.43 per diluted share, narrower than the $109.6 million loss a year earlier. Funds from operations (FFO) as adjusted fell to $1.73 per diluted share from $2.33 in 2Q25, and same property net operating income declined 10.6%, which matters to shareholders because it reflects lower cash earnings from the portfolio.
Key points
- Net loss attributable to common stockholders was $73.7 million, or $0.43 per diluted share, in 2Q26, versus $109.6 million, or $0.64 per share, in 2Q25.
- FFO attributable to common stockholders, diluted and as adjusted, was $296.1 million, or $1.73 per share, versus $396.4 million, or $2.33 per share, in 2Q25.
- Same property net operating income fell 10.6% in 2Q26, which the company attributed to lower same property occupancy from previously disclosed lease expirations.
- The board declared a common stock dividend of $0.72 per share for 2Q26, consistent with the preceding quarter; no shares had been repurchased under the $500.0 million buyback program as of June 30, 2026.
The filing
Written by AI on Nov 8, 2026, 12:57 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 August 03, 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.