Macerich Q3 2025 net loss narrows to $87.4 million; FFO per share falls to $0.35
Macerich reported a third-quarter 2025 net loss attributable to the company of $87.4 million, or $0.34 per diluted share, compared with a $108.2 million loss, or $0.50 per share, a year earlier. Total revenues rose to $253.3 million from $220.2 million, but FFO excluding certain items fell to $0.35 per diluted share from $0.38, so the results point in mixed directions for shareholders.
Key points
- Q3 2025 net loss attributable to the company was $87.4 million ($0.34 per diluted share), versus $108.2 million ($0.50) in Q3 2024.
- Total revenues were $253.3 million, up from $220.2 million a year earlier.
- FFO excluding certain items was $93.4 million ($0.35 per diluted share), versus $86.0 million ($0.38) in Q3 2024.
- Go-Forward Portfolio Centers NOI, excluding lease termination income, rose 1.7%; a quarterly dividend of $0.17 per share is payable December 29, 2025.
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 November 04, 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.