Macerich (MAC) Operating Income (2017 - 2026)

Macerich has reported Operating Income for 10 years, with the latest figure at -$119.8 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Income fell 28.94% year-over-year to -$119.8 million; the trailing twelve-month figure through Mar 2026 stood at -$356.7 million (down 61.82% YoY), and the FY2025 full-year result was -$337.3 million, down 33.52% from the prior year.
• Operating Income for Q1 2026 stood at -$119.8 million, down from -$76.7 million in the prior quarter.
• The five-year high for Operating Income was $19.4 million in Q2 2022, with the low at -$119.8 million in Q1 2026.
• Historically, Operating Income has averaged -$56.0 million across 5 years, with a median of -$52.6 million in 2025.
• Annual changes were most pronounced in 2022 — Operating Income soared 179.02% — and 2023, when it plunged 548.61%.
• Macerich's Operating Income stood at -$36.6 million in 2022, then grew by 19.88% to -$29.3 million in 2023, then declined by 28.05% to -$37.6 million in 2024, then slumped by 104.27% to -$76.7 million in 2025, then tumbled by 56.05% to -$119.8 million in 2026.
• The last three Operating Income figures came in at -$119.8 million (Q1 2026), -$76.7 million (Q4 2025), and -$107.6 million (Q3 2025), per Business Quant data.