Macerich (MAC) Cost of Revenue (2017 - 2026)
Macerich's (MAC) quarterly Cost of Revenue came in at $83.3 million in Q1 2026, up 49.49% YoY from $55.7 million in Q1 2025, and up 457.7% on a QoQ basis from -$23.3 million in Q4 2025.
Macerich (MAC) Cost of Revenue (2017 - 2026) Analysis & Trends
Macerich (MAC) has 10 years of Cost of Revenue data on file, last reported at $83.3 million in Q1 2026.
- Quarterly Cost of Revenue rose 49.49% year-over-year to $83.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $169.0 million (down 38.21% YoY) and the FY2025 annual result came in at $221.5 million, up 4.47% from the prior year.
- Cost of Revenue advanced to $83.3 million in Q1 2026, from -$23.3 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $242.3 million in Q4 2022 to a low of -$23.3 million in Q4 2025.
- A 5-year average of $59.8 million and a median of $54.6 million in 2025 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2022 — Cost of Revenue soared 598.54% — and 2025, when it sank 115.06%.
- Tracing MAC's Cost of Revenue over 5 years: stood at $242.3 million in 2022, then tumbled by 69.35% to $74.3 million in 2023, then jumped by 108.1% to $154.5 million in 2024, then slumped by 115.06% to -$23.3 million in 2025, then jumped by 457.7% to $83.3 million in 2026.
- The last three Cost of Revenue figures came in at $83.3 million (Q1 2026), -$23.3 million (Q4 2025), and $54.6 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Simon Property | 71.66 Bn | 71.66 Bn | 1.76 Bn | 35.37 Mn |
| 2 | Realty Income | 57.60 Bn | 57.60 Bn | - | - |
| 3 | Kimco Realty | 16.10 Bn | 16.10 Bn | 455.67 Mn | 95.13 Mn |
| 4 | Federal Realty Investment Trust | 10.06 Bn | 10.06 Bn | 271.22 Mn | 64.49 Mn |
| 5 | Agree Realty | 8.80 Bn | 8.78 Bn | - | - |
| 6 | Nnn Reit | 8.64 Bn | 8.64 Bn | - | - |
| 7 | Macerich | 6.73 Bn | 6.73 Bn | 171.77 Mn | 77.93 Mn |
| 8 | Essential Properties Realty Trust | 6.51 Bn | 6.51 Bn | - | - |
| 9 | Kite Realty Group Trust | 5.29 Bn | 5.29 Bn | - | - |
| 10 | Phillips Edison & Company | 5.01 Bn | 5.01 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 77.93 Mn |
| Jun 30, 2026 | 77.93 Mn |
| Mar 31, 2026 | 83.25 Mn |
| Mar 31, 2026 | 83.25 Mn |
| Dec 31, 2025 | -23.27 Mn |
| Dec 31, 2025 | -23.27 Mn |
| Sep 30, 2025 | 54.60 Mn |
| Sep 30, 2025 | 54.60 Mn |
| Jun 30, 2025 | 54.44 Mn |
| Jun 30, 2025 | 54.44 Mn |
| Mar 31, 2025 | 55.69 Mn |
| Mar 31, 2025 | 55.69 Mn |
| Dec 31, 2024 | 154.53 Mn |
| Dec 31, 2024 | 154.53 Mn |
| Sep 30, 2024 | 53.68 Mn |
| Sep 30, 2024 | 53.68 Mn |
| Jun 30, 2024 | 9.66 Mn |
| Jun 30, 2024 | 9.66 Mn |
| Mar 31, 2024 | 10.56 Mn |
| Mar 31, 2024 | 10.56 Mn |