Filing Flows › Macerich (MAC) › Q2 2026
Macerich (MAC) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 5, 2026
Macerich (MAC) reported revenue of $250M for the second quarter 2026 (Q2 2026), 0% from a year earlier and +3% from the quarter before. Operating margin was -11.1%, net loss $26.9M (10.8% of revenue).
Macerich, Q2 2026: revenue $250M (0% year over year), operating margin -11.1%, net loss $26.9M, operating cash flow $66.9M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $250M | +3% | 0% |
| Operating profit | −$27.7M | — | — |
| Net earnings | −$26.9M | — | — |
| Operating cash flow | $66.9M | -14% | -5% |
| Free cash flow | $41.8M | -14% | -30% |
What changed
Revenue was $249.7M in Q2 2026, roughly flat year over year and up 3% from the previous quarter.
Operating costs exceeded revenue by $27.7M, an operating margin of -11.1%. Total costs fell 1% while revenue was flat. The fastest-growing cost line was General & admin (+22%). The quarter ended with a net loss of $26.9M, narrower than the previous quarter's $36.9M loss.
Operating cash flow was $66.9M (down 5% year over year). Non-cash charges added back $89.2M of depreciation and amortization and $6.7M of share-based compensation. Capital expenditures of $25.1M left free cash flow of $41.8M.
Questions
What was Macerich's revenue in the second quarter 2026?
Macerich (MAC) reported revenue of $250M for the second quarter 2026 (Q2 2026), 0% from a year earlier and +3% from the quarter before.
Was Macerich profitable in the second quarter 2026?
Operating loss was $27.7M (-11.1% of revenue) and net loss $26.9M.
Source: Macerich 10-Q on SEC EDGAR.