The Macerich Company (NYSE: MAC) filed its quarterly report on Form 10-Q for the period ended June 30, 2026, with the SEC on August 5, 2026, disclosing a net loss attributable to the company of $27,071 thousand for the second quarter and $63,421 thousand for the first half of the year.

Key Highlights

  • Q2 Net Loss: Net loss attributable to the company was $27,071 thousand for the three months ended June 30, 2026, compared to $40,905 thousand in the same period of 2025.
  • Six-Month Net Loss: Net loss attributable to the company for the six months ended June 30, 2026 was $63,421 thousand, versus $91,029 thousand in the prior-year period.
  • Loss Per Share: Basic and diluted loss per common share was $(0.10) for Q2 2026 and $(0.24) for the six months ended June 30, 2026.
  • Total Assets: Total assets stood at $8,523,895 thousand as of June 30, 2026, up from $8,368,685 thousand at December 31, 2025.
  • Mortgage Notes Payable: Mortgage notes payable decreased to $4,848,075 thousand at June 30, 2026 from $5,068,946 thousand at December 31, 2025.
  • Stock Offering Proceeds: During Q2 2026, the company completed stock offerings, net, totaling $466,363 thousand, with shares outstanding rising to 284,076,260 as of June 30, 2026.
  • Quarterly Distribution: Distributions paid during Q2 2026 were $0.17 per share, totaling $48,250 thousand.

Macerich's Financial Position and Operating Results for the Six Months Ended June 30, 2026

According to the filing, The Macerich Company reported total revenues of $249,707 thousand for the three months ended June 30, 2026, essentially flat compared to $249,793 thousand in Q2 2025. For the six months ended June 30, 2026, total revenues were $491,245 thousand, down from $499,017 thousand in the prior-year period. Leasing revenue, the largest component, was $233,442 thousand for Q2 2026 versus $232,725 thousand in Q2 2025, and $459,418 thousand for the first half of 2026 compared to $468,372 thousand in the first half of 2025.

Total expenses for the second quarter were $277,430 thousand, the filing disclosed, compared to $280,566 thousand in Q2 2025. Interest expense declined to $66,043 thousand in Q2 2026 from $71,925 thousand in Q2 2025. The company also reported equity in loss of unconsolidated joint ventures of $5,237 thousand for Q2 2026, widening from $475 thousand in Q2 2025. A gain on sale or write down of assets, net, of $6,603 thousand was recorded in Q2 2026, compared to a loss of $10,484 thousand in Q2 2025.

On the balance sheet, total equity increased to $2,907,473 thousand at June 30, 2026 from $2,527,070 thousand at December 31, 2025, according to the filing. The accumulated deficit widened to $3,933,754 thousand at June 30, 2026 from $3,777,816 thousand at December 31, 2025. Common shares issued and outstanding grew from 256,990,913 at December 31, 2025 to 284,076,260 at June 30, 2026, reflecting stock offerings completed during the period. The company reported 283,559,375 shares outstanding as of August 3, 2026.

What Was Disclosed

The Macerich Company disclosed unaudited financial statements for the quarter and six months ended June 30, 2026, covering revenues, expenses, net losses, balance sheet figures, equity changes, and per-share results, as part of its Form 10-Q filing.