How does Alexandria Real Estate Equities (ARE) make money?

Alexandria Real Estate Equities (ARE) generates revenue primarily from Rental revenues, which accounted for 98.6% of total revenue in TTM through Q1 2026. The company reported $2.90B in revenue and converted -35.3% of it into net profit, equivalent to roughly −$1.02B in net income — what's left after the cost of revenue, operating expenses, interest, and income taxes.

What is the gross profit margin of Alexandria Real Estate Equities (ARE)?

Alexandria Real Estate Equities (ARE) reported a gross profit margin of 68.2% in TTM through Q1 2026, equivalent to $1.98B in gross profit on $2.90B in revenue. Gross margin measures how much of each dollar of revenue remains after the direct cost of producing or delivering the product — a higher figure typically signals pricing power, scale, or a less capital-intensive business model.

What is the operating profit margin of Alexandria Real Estate Equities (ARE)?

Alexandria Real Estate Equities (ARE) reported an operating profit margin of -42.8% in TTM through Q1 2026, equivalent to −$1.24B in operating income. Operating margin captures profitability after research & development, sales & marketing, and general & administrative expenses — but before interest, taxes, and one-off items — and is the cleanest single read on the underlying business's efficiency.

What is the net profit margin of Alexandria Real Estate Equities (ARE)?

Alexandria Real Estate Equities (ARE) reported a net profit margin of -35.3% in TTM through Q1 2026, equivalent to −$1.02B in net income. Net margin is the bottom-line share of revenue that survives every expense — operating costs, interest, and income taxes — and is the figure that flows directly into earnings per share.

Is Alexandria Real Estate Equities (ARE) profitable?

Alexandria Real Estate Equities (ARE) reported a net loss of $1.02B for TTM through Q1 2026, a net profit margin of -35.3%. Combined operating expenses, interest, and income taxes exceeded revenue, so the period closed in the red on a reported basis.

How much free cash flow does Alexandria Real Estate Equities (ARE) generate?

Alexandria Real Estate Equities (ARE) generated $1.40B in free cash flow during TTM through Q1 2026, a free-cash-flow margin of 48.4%. Free cash flow is the cash left after capital expenditures and represents the discretionary pool the company can use to pay dividends, repurchase shares, repay debt, or fund acquisitions without raising external capital.

What are the main business segments of Alexandria Real Estate Equities (ARE)?

Alexandria Real Estate Equities (ARE) reports revenue across 2 reportable product segments, led by Rental revenues at 98.6% of total revenue in TTM through Q1 2026. See the revenue-by-segment table on this page for the full breakdown and how each segment feeds into the income-statement waterfall above.

How Alexandria Real Estate Equities Makes Money: 2026 Visual Revenue Map

Alexandria Real Estate Equities (ARE) Income Statement Flow — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending March 31, 2026 (reported April 27, 2026).

Alexandria Real Estate Equities discloses geographic revenue only in annual filings. to view the full breakdown.

Alexandria Real Estate Equities (ARE) Revenue by Product Segment — TTM through Q1 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported segments changed mid-year.

Revenue contribution by product segment for Alexandria Real Estate Equities (ARE) in TTM through Q1 2026.
Segment	Revenue (USD)	% of total
Rental revenues	$2.86B	98.6%
Other	$41.42M	1.4%
Total	$2.90B	100%

Rental revenues$2.86B
Other$41.42M
Total$2.90B

Revenue Breakdown — TTM through Q1 2026

In TTM through Q1 2026, Alexandria Real Estate Equities (ARE) reports revenue across 2 operating segments; the largest segment was Rental revenues at 98.6%, followed by Other (1.4%).

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