Filing Flows › Macerich (MAC) › Q3 2026
Macerich (MAC) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
Macerich (MAC) reported revenue of $260M for the third quarter 2026 (Q3 2026), +3% from a year earlier and +4% from the quarter before. Operating margin was -14.5%, net loss $16.1M (6.2% of revenue).
Macerich, Q3 2026: revenue $260M (+3% year over year), operating margin -14.5%, net loss $16.1M, operating cash flow $109M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $260M | +4% | +3% |
| Operating profit | −$37.8M | — | — |
| Net earnings | −$16.1M | — | — |
| Operating cash flow | $109M | +64% | -3% |
| Free cash flow | $77.6M | +86% | -18% |
What changed
Revenue was $260.1M in Q3 2026, up 3% year over year and up 4% from the previous quarter.
Operating costs exceeded revenue by $37.8M, an operating margin of -14.5%. Total costs grew 6% against revenue growth of 3%. The fastest-growing cost line was General & admin (+23%). The quarter ended with a net loss of $16.1M, narrower than the previous quarter's $26.9M loss. Non-operating items added $21.7M, -135% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $109.4M (down 3% year over year). Non-cash charges added back $91.4M of depreciation and amortization and $6.5M of share-based compensation. Working capital and other items added $27.7M. Capital expenditures of $31.8M left free cash flow of $77.6M.
Questions
What was Macerich's revenue in the third quarter 2026?
Macerich (MAC) reported revenue of $260M for the third quarter 2026 (Q3 2026), +3% from a year earlier and +4% from the quarter before.
Was Macerich profitable in the third quarter 2026?
Operating loss was $37.8M (-14.5% of revenue) and net loss $16.1M.
Source: Macerich 10-Q on SEC EDGAR.