The financials
The Macerich Company by the numbers
The Macerich Company (MAC) reported revenue of $242M in Q1 2026 (quarter ended March 31, 2026), down 3.1% from the same quarter a year earlier. That came with net loss of $37M. For the full year FY2025, revenue was $1.01B (+10% year on year) and net income −$201M. Its largest product in 2026-Q2 was Real Estate Other at $11M, 59% of the disclosed total, just ahead of Management Service at 31%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $242M | $249M | −3.1% |
| Operating income | −$37M | −$37M | n/a |
| Net income | −$37M | −$51M | n/a |
| Diluted EPS | −$0.14 | −$0.20 | n/a |
| Product | Revenue | Share |
|---|---|---|
| Real Estate Other | $11M | 59% |
| Management Service | $5.6M | 31% |
| Developmentand Leasing Fees | $1.9M | 10% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $18.1M (-2.2%)
Real Estate Other grew -4.1% year on yearDevelopment and Leasing Fees -6.5% year on year
Segment Latestquarter on quarteryear on year
- Real Estate Other$10.7M$10.7MQoQ +18%year on year -4.1%+18%-4.1%
- Management Service$5.6M$5.6MQoQ -15%year on year -5.8%-15%-5.8%
- Development and Leasing Fees$1.9M$1.9MQoQ -38%year on year -6.5%-38%-6.5%