AI brief of an SEC Form 8-K · Macerich (MAC)

Macerich posts Q2 2025 net loss of $40.9 million; FFO per share falls to $0.33

Mixed Impact 3 of 5 earnings Written later

Macerich reported a second-quarter 2025 net loss attributable to the company of $40.9 million, or $0.16 per diluted share, compared with net income of $252.0 million a year earlier. That prior-year period included a $334.3 million gain tied to the Chandler Fashion Center transaction, so the comparison is distorted, but FFO excluding certain items fell to $0.33 per share from $0.39, while total revenues rose to $249.8 million from $215.5 million.

Key points

  • Q2 2025 total revenues were $249.8 million, up from $215.5 million in Q2 2024.
  • Q2 2025 net loss attributable to the company was $40.9 million, or $0.16 per diluted share, versus net income of $252.0 million, or $1.16 per share, in Q2 2024.
  • FFO excluding certain items was $87.3 million, or $0.33 per share, versus $88.1 million, or $0.39 per share, a year earlier.
  • Portfolio occupancy was 92.0% at June 30, 2025, down from 93.3% a year earlier; the company cited Forever 21 closures. The quarterly dividend is $0.17 per share, payable September 23, 2025.

The filing

CompanyMacerich (MAC)
Form8-K, current report
Filed with the SECAug 11, 2025, 4:05 PM ET
Accession number0000912242-25-000066

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

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 11, 2025.

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.