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How Alexandria Real Estate Equities (ARE) makes money

Alexandria Real Estate Equities (ARE) made $671M of revenue in the third quarter 2026 (Q3 2026), -11% from a year earlier. Income from rentals brought in $654M (97%); Other income brought in $17.6M (3%).

Drawing the Sankey…

Alexandria Real Estate Equities revenue by segment, Q3 2026Alexandria Real Estate Equities revenue by segment, Q3 2026Income from rentals$654MOther income$17.6M
Alexandria Real Estate Equities: revenue by line, Q1 2025 to Q3 2026Alexandria Real Estate Equities: revenue by line, Q1 2025 to Q3 2026Income from rentalsOther incomeIncome from rentals: $654M latest$654MOther income: $17.6M latestQ1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
The mix barely moved between Q1 2025 and Q3 2026.
Alexandria Real Estate Equities revenue by quarterAlexandria Real Estate Equities revenue by quarter$758MQ1 2025$762MQ2 2025$752MQ3 2025$754MQ4 2025$671MQ1 2026$663MQ2 2026$671MQ3 2026
Alexandria Real Estate Equities: where each dollar of revenue goesAlexandria Real Estate Equities: where each dollar of revenue goesOperating cash flow51¢

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
Income from rentals$654M97.4%+2%-11%
Other income$17.6M2.6%-10%+9%

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$671M100.0%
Operating cash flow$342M50.9%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$671M-11%
Q2 2026$663M-13%
Q1 2026$671M-12%
Q4 2025$754M-4%
Q3 2025$752M-5%
Q2 2025$762M-0.6%
Q1 2025$758M-1%

From Alexandria Real Estate Equities' 10-Q filed Oct 26, 2026 (on EDGAR).

Questions

How does Alexandria Real Estate Equities make money?

Alexandria Real Estate Equities (ARE) made $671M of revenue in the third quarter 2026 (Q3 2026), -11% from a year earlier. Income from rentals brought in $654M (97%); Other income brought in $17.6M (3%).

What is Alexandria Real Estate Equities' biggest business?

Income from rentals: $654M in the third quarter 2026, 97% of revenue, -11% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.