ARE — what changed in the latest 10-Q
A section-by-section comparison of ARE's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-08-03 vs the prior 10-Q · 2026-04-27
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +482 | −434 | ~317 | 757 |
| Market risk (Item 3) | Text added/removed | 0 | −1 | ~8 | 31 |
| Controls & procedures | Text added/removed | 0 | 0 | ~3 | 4 |
| Legal proceedings | Text added/removed | +11 | −13 | ~1 | 5 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
| Other information | Text added/removed | +12 | −3 | 0 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-08-03
(As of or for the three months ended June 30, 2026, unless stated otherwise)
Occupancy of operating properties, including executed leases with future occupancy
Rents and receivables for the three months ended June 30, 2026, collected as of the date of this report
•Significant liquidity of $3.60 billion and extension of our $5.0 billion unsecured senior line of credit to 2032.
•9.7-year weighted-average remaining debt term, the longest among S&P 500 REITs.
Text removed vs the prior filing · source: 10-Q · 2026-04-27
Net income (loss) attributable to Alexandria’s common stockholders – diluted:
Funds from operations attributable to Alexandria’s common stockholders – diluted, as
Adjusted EBITDA margin for the three months ended March 31, 2026
Rents and receivables for the three months ended March 31, 2026, collected as of the date of this report
•Our credit ratings from S&P Global Ratings and Moody’s Ratings were BBB+ and Baa1, respectively, which rank in the top
Market risk (Item 3)
Text removed vs the prior filing · source: 10-Q · 2026-04-27
fixed- and variable-rate debt as of March 31, 2026 (in thousands):
Legal proceedings
Text added vs the prior filing · source: 10-Q · 2026-08-03
United States District Court for the Central District of California. The operative complaint alleges violations of the federal securities laws
based on alleged material misrepresentations and omissions related to the Company’s business performance and real estate
impairment charges. The complaint seeks damages and other relief on behalf of investors who acquired the Company’s securities
between January 30, 2024 and December 5, 2025. The defendants moved to dismiss the action on May 20, 2026.
On February 3, 2026, March 25, 2026, and June 25, 2026, stockholder derivative actions were filed against certain officers and
Text removed vs the prior filing · source: 10-Q · 2026-04-27
United States District Court for the Central District of California. On April 15, 2026, the lead plaintiffs filed an amended complaint
alleging violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder, based on alleged
material misrepresentations and omissions related to the Company’s business performance and real estate impairment charges
(captioned Hern v. Alexandria Real Estate Equities, Inc., et al.). The amended complaint seeks damages and other relief on behalf of
investors who acquired the Company’s securities between January 30, 2024 and December 5, 2025. The Company does not believe
Other information
Text added vs the prior filing · source: 10-Q · 2026-08-03
On June 17, 2026, Marc E. Binda, our Chief Financial Officer and Treasurer, terminated a Rule 10b5-1 trading arrangement
that he had previously adopted in December 2025 for the sale from time to time of up to 23,368 shares of common stock. The trading
arrangement was intended to satisfy the affirmative defense conditions of Securities Exchange Act Rule 10b5-1(c) and was scheduled
On June 18, 2026, Hallie E. Kuhn, our Executive Vice President – Capital Markets and Co-Lead – Life Science, terminated a
Rule 10b5-1 trading arrangement that she had previously adopted in December 2025 for the sale from time to time of up to 2,574
Text removed vs the prior filing · source: 10-Q · 2026-04-27
During the three months ended March 31, 2026, none of our officers or directors adopted or terminated any contract,
instruction, or written plan for the purchase or sale of our securities that was intended to satisfy the affirmative defense conditions of
Rule 10b5-1(c) or any “non-Rule 10b5-1 trading arrangement.”
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice