American Assets Quarterly Income Statement
NYSE: AATReal EstateReal Estate Investment TrustsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
American Assets revenue and earnings
In the quarter ended Mar 31, 2026, American Assets generated $110.6 million in revenue, up 1.8% from the same quarter a year earlier. Net income was $6.7 million (-84.2% year over year), for a net margin of 6.1% versus a median of 5.1% in the prior 5 quarters. Gross margin was 60.5% (down from 62.0%) and operating margin 23.4%.
Diluted earnings per share came in at $0.08, down from $0.70.
Summary generated from market data by MetaCap's automated system. Methodology
American Assets income statement (quarterly)
| Quarter (USD) | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 | Q2 20232023-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 110.59M | 110.09M | 109.58M | 107.93M | 108.61M | 113.46M | 122.81M | 110.89M | 110.69M | 112.49M | 111.20M | 109.72M |
| Revenue growth (YoY) | +1.83% | -2.97% | -10.77% | -2.67% | -1.89% | +0.86% | +10.44% | +1.07% | +2.73% | +6.12% | +0.16% | +5.34% |
| Gross Profit | 66.93M | 65.42M | 66.28M | 67.61M | 67.30M | 69.57M | 80.41M | 70.54M | 69.61M | 68.78M | 69.89M | 69.92M |
| Operating Expenses | 41.09M | 42.20M | 41.51M | 41.63M | -4.67M | 39.52M | 42.60M | 39.75M | 39.06M | 39.38M | 38.75M | 38.43M |
| Operating Income | 25.83M | 23.21M | 24.77M | 25.98M | 71.97M | 30.05M | 37.81M | 30.79M | 30.55M | 29.40M | 31.14M | 31.49M |
| Interest Expense | — | — | — | — | — | — | — | — | — | — | 16.32M | 16.37M |
| Other Income (Expense) | 614.00K | 789.00K | 927.00K | 927.00K | 915.00K | 5.29M | 1.74M | 789.00K | 10.33M | 377.00K | 321.00K | 273.00K |
| Income Tax | 101.00K | 79.00K | 156.00K | 118.00K | 417.00K | 190.00K | 235.00K | 201.00K | 260.00K | 291.00K | 293.00K | 187.00K |
| Net Income | 6.74M | 3.15M | 4.51M | 5.46M | 42.53M | 8.98M | 16.66M | 11.90M | 19.26M | 10.48M | 11.78M | 11.98M |
| Net Income growth (YoY) | -84.16% | -64.93% | -72.93% | -54.17% | +120.85% | -14.35% | +41.42% | -0.66% | +19.36% | +8.85% | -7.78% | +13.24% |
| EPS (Basic) | 0.08 | 0.05 | 0.07 | 0.09 | 0.70 | 0.15 | 0.28 | 0.20 | 0.32 | 0.17 | 0.20 | 0.20 |
| EPS (Diluted) | 0.08 | 0.05 | 0.07 | 0.09 | 0.70 | 0.15 | 0.28 | 0.20 | 0.32 | 0.17 | 0.20 | 0.20 |
| Shares Outstanding (Basic) | 60.70M | — | 60.55M | 60.54M | 60.54M | — | 60.32M | 60.31M | 60.31M | — | 60.15M | 60.15M |
| Shares Outstanding (Diluted) | 76.88M | — | 76.73M | 76.72M | 76.72M | — | 76.50M | 76.49M | 76.49M | — | 76.33M | 76.33M |
| EBITDA | 58.14M | 55.24M | 56.78M | 58.76M | 102.47M | 60.75M | 71.34M | 61.80M | 60.77M | 59.31M | 61.01M | 61.31M |
| Gross Margin | 60.52% | 59.42% | 60.49% | 62.64% | 61.97% | 61.32% | 65.47% | 63.61% | 62.88% | 61.14% | 62.85% | 63.73% |
| Operating Margin | 23.36% | 21.09% | 22.60% | 24.07% | 66.27% | 26.48% | 30.79% | 27.77% | 27.60% | 26.13% | 28.00% | 28.70% |
| Net Margin | 6.09% | 2.86% | 4.11% | 5.05% | 39.16% | 7.91% | 13.56% | 10.73% | 17.40% | 9.32% | 10.59% | 10.92% |
This table shows 12 quarterly periods of American Assets's income statement, from Q1 2026 back to Q2 2023, across 16 line items including revenue, gross profit, operating expenses. Values in USD; B = billions, M = millions. Fiscal periods follow AAT's reporting calendar. What is a income statement?