AREAlexandria Real Estate Equities
We are a Maryland corporation formed in October 1994 that has elected to be taxed as a REIT for federal income tax purposes. 10-K, Item 1
- Headquarters
- Pasadena, CA
- CEO
- Peter M. Moglia
- Next results
- around Jan 25, 2027
What changed
10-K filed Jan 26, 2026 against Jan 27, 2025| Area | What changed | Source |
|---|---|---|
| Risk factors | 259 new paragraphs, nothing like them in the previous 10-K | 10-K Item 1A |
| Critical audit matters changed | New this year: Our Audit future undiscounted cash flows for investments in real estate where impairment indicators existed as well as controls; In auditing the Company’s undiscounted future cash flows for investments in real estate to be held and used with; Company’s historical accounting records or to available market data. We also tested the mathematical accuracy of. No longer listed: For real estate investments with identified indicators of impairment, we performed audit procedures over the; Company’s estimation of the assets’ undiscounted future cash flows. For example, we compared significant. Same as last year: Impairment of investments in real estate; Description At December 31, 2025, the carrying value of the Company’s investments in real estate was $28.7 billion including; Auditing the Company’s evaluation of whether its investments in real estate to be held and used are recoverable was; How we We obtained an understanding, evaluated the design, and tested the operating effectiveness of the Company’s; Addressed controls over the Company’s investments in real estate impairment assessment process. For example, we tested | 10-K · XBRL |
| Accounting checks | 9 other checks clear, 1 worth a look | 10-K · XBRL |
| Insiders | 2 open-market buys in the last 90 days | Form 4 |
| Filings | 2 in the last 30 days | EDGAR |
Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.
What's new, in their words
10-K filed Jan 26, 2026Paragraphs in Risk Factors that were not in the 10-K filed 2025-01-27. Quoted as filed.
Our Board of Directors determines future distributions based on a number of factors, including, but not limited to:
10-K, Item 1A
Accounting checks
latest 10-K9 of 10 clear 1 worth a look. Checks, not verdicts.
- !Critical audit matters changedNew this year: Our Audit future undiscounted cash flows for investments in real estate where impairment indicators existed as well as controls; In auditing the Company’s undiscounted future cash flows for investments in real estate to be held and used with; Company’s historical accounting records or to available market data. We also tested the mathematical accuracy of. No longer listed: For real estate investments with identified indicators of impairment, we performed audit procedures over the; Company’s estimation of the assets’ undiscounted future cash flows. For example, we compared significant. Same as last year: Impairment of investments in real estate; Description At December 31, 2025, the carrying value of the Company’s investments in real estate was $28.7 billion including; Auditing the Company’s evaluation of whether its investments in real estate to be held and used are recoverable was; How we We obtained an understanding, evaluated the design, and tested the operating effectiveness of the Company’s; Addressed controls over the Company’s investments in real estate impairment assessment process. For example, we tested
- ✓Receivables +4.1% vs revenue -2.9% (+7.0 pts)
- ✓Cash from operations $1.4B vs net income −$1.4B (FY ending 2025-12-31)
- ✓Same auditor in both 10-Ks: Ernst & Young LLP
- ✓No statement of substantial doubt about going concern
- ✓No 8-K item 4.02 in the last 2 years
- ✓No NT 10-K or NT 10-Q in the last 2 years
- ✓No sentence in the 10-K concludes that controls were not effective because of a material weakness
- ✓No 8-K item 2.06 in the last 2 years
- ✓No 8-K item 1.03 in the last 2 years
In the last 30 days
All filings →- Oct 26, 20268-K Quarterly results 8-K item 2.02
- Oct 26, 202610-Q Quarterly report (10-Q) period ended Sep 30, 2026
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