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

Macerich narrows Q1 2026 net loss to $36.4 million as revenue falls to $241.5 million

Mixed Impact 3 of 5 earnings Written later

Macerich reported a first-quarter 2026 net loss attributable to the company of $36.4 million, or $0.14 per diluted share, compared with $50.1 million, or $0.20 per share, a year earlier. The filing attributes the improvement mainly to a gain on sale or write-down of assets, while total revenues fell to $241.5 million from $249.2 million and FFO, as adjusted, was flat at $0.34 per diluted share.

Key points

  • Net loss attributable to the company: $36.4 million, or $0.14 per diluted share, versus $50.1 million, or $0.20 per share, in Q1 2025
  • Total revenues: $241.5 million, down from $249.2 million a year earlier
  • FFO, as adjusted: $92.4 million, or $0.34 per diluted share, versus $89.8 million, or $0.34 per share, in Q1 2025
  • Annapolis Mall acquired on April 30, 2026 for $260 million, plus $12 million for an adjacent Sears parcel

The filing

CompanyMacerich (MAC)
Form8-K, current report
Filed with the SECMay 6, 2026, 4:15 PM ET
Accession number0000912242-26-000020

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 May 06, 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.