# The Macerich (MAC) — Earnings

MAC · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/mac/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q2 2026 |
| Period end | Jun 30, 2026 |
| EPS actual | −$0.10 |
| EPS estimate | −$0.05 |
| EPS surprise | −89.75% |
| Revenue surprise | +4.14% |
| Revenue | $249.7M |
| Revenue estimate | $239.8M |
| Reported | Aug 4, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/912242/000091224226000037/mac-20260630.htm) |

Macerich reported Q2 2026 results on August 4, 2026. It posted a loss of $0.10 per share, wider than the expected $0.05 loss, an 89.75% miss. Revenue was $249.7 million, above the $239.8 million consensus. Compared with Q2 2025, the loss narrowed from $0.16 per share, while revenue was nearly unchanged from $249.8 million.

Losses are the norm in the table. Sixteen of the last 20 quarters were losses, and every quarter since Q3 2024 has been one. Full-year results were losses of $0.30 per share in 2022, $1.27 in 2023, $0.82 in 2024 and $0.77 in 2025. The largest quarterly loss was $1.22 in Q3 2023, and the best result was a $1.16 profit in Q2 2024. Revenue has trended higher, from $859.1 million in 2022 to about $1.01 billion in 2025. Macerich topped the revenue estimate in all 20 quarters but beat the EPS estimate only four times.

Macerich reported Q3 between October 31 and November 6 in each of the past five years. That points to early November 2026 for the next report. It will show how Q3 compares with the $0.34 loss per share in Q3 2025.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Aug 4, 2026 | −$0.05 | −$0.10 | -89.75% | $239.8M | $249.7M |
| Q1 2026 | May 6, 2026 | −$0.10 | −$0.14 | -33.72% | $233.1M | $241.5M |
| Q4 2025 | Feb 18, 2026 | −$0.00 | −$0.07 | -2021.21% | $258.9M | $261.7M |
| Q3 2025 | Nov 4, 2025 | −$0.08 | −$0.34 | -323.94% | $242.3M | $253.3M |
| Q2 2025 | Aug 11, 2025 | −$0.09 | −$0.16 | -74.29% | $235.2M | $249.8M |
| Q1 2025 | May 12, 2025 | −$0.08 | −$0.20 | -164.55% | $219.9M | $249.2M |
| Q4 2024 | Feb 27, 2025 | $0.03 | −$0.89 | -2679.71% | $222.2M | $273.7M |
| Q3 2024 | Nov 6, 2024 | −$0.06 | −$0.50 | -751.79% | $208.5M | $220.2M |
| Q2 2024 | Jul 31, 2024 | −$0.07 | $1.16 | 1759.51% | $199.4M | $215.5M |
| Q1 2024 | Apr 30, 2024 | −$0.09 | −$0.59 | -580.51% | $205.1M | $208.8M |
| Q4 2023 | Feb 7, 2024 | $0.08 | $0.29 | 282.59% | $224.5M | $238.7M |
| Q3 2023 | Oct 31, 2023 | −$0.05 | −$1.22 | -2330.28% | $211.3M | $218.2M |
| Q2 2023 | Aug 8, 2023 | −$0.08 | −$0.07 | 11.62% | $205.6M | $212.4M |
| Q1 2023 | May 4, 2023 | −$0.06 | −$0.27 | -353.78% | $201.6M | $214.9M |
| Q4 2022 | Feb 7, 2023 | $0.03 | $0.01 | -60.32% | $223.2M | $228.2M |
| Q3 2022 | Nov 3, 2022 | −$0.02 | −$0.07 | -182.26% | $197.9M | $210.7M |
| Q2 2022 | Jul 28, 2022 | −$0.04 | −$0.07 | -82.77% | $203.9M | $204.1M |
| Q1 2022 | May 9, 2022 | −$0.01 | −$0.17 | -1168.66% | $205.3M | $216.1M |
| Q4 2021 | Feb 10, 2022 | −$0.01 | −$0.08 | -1076.47% | $203.9M | $229.4M |
| Q3 2021 | Nov 3, 2021 | −$0.08 | $0.50 | 753.59% | $195.3M | $212.1M |

## Frequently Asked Questions

### When did The Macerich (MAC) last report earnings?

The Macerich last reported on Aug 4, 2026, covering fiscal Q2 2026.

### Did MAC beat earnings estimates?

No. The Macerich reported EPS of −$0.10 for Q2 2026 against a −$0.05 estimate — a 89.75% miss.

### How much revenue did MAC report last quarter?

The Macerich reported $249.7M in revenue for Q2 2026, against a consensus estimate of $239.8M.

## Similar Stocks

- [SKT](https://www.lighthorse.io/tickers/skt) — Tanger Inc. Common Stock
- [FRT](https://www.lighthorse.io/tickers/frt) — Federal Realty Investment Trust Common Stock
- [SPG](https://www.lighthorse.io/tickers/spg) — Simon Property Group, Inc. Common Stock
- [AKR](https://www.lighthorse.io/tickers/akr) — Acadia Realty Trust Common Stock
- [KIM](https://www.lighthorse.io/tickers/kim) — Kimco Realty Corporation (HC) Common Stock
- [BRX](https://www.lighthorse.io/tickers/brx) — Brixmor Property Group Inc. Common Stock
- [UE](https://www.lighthorse.io/tickers/ue) — Urban Edge Properties Common Shares of Beneficial Interest

---

Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).
