10-Q quarterly report · filed Jul 31, 2026

American Assets Trust, Inc. (AAT) Q2 2026 10-Q Quarterly Report

Short answer

American Assets Trust, Inc. (AAT) filed its Q2 2026 10-Q quarterly report on Jul 31, 2026 for the quarter ended Jun 30, 2026.

American Assets Trust, Inc. Q2 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Total property revenue $109.5M, up 1% YoY from $107.9M
  • Net income $6.8M, down 5% from $7.1M; stockholder net income $5.2M vs $5.5M
  • Mixed-Use best rental performer, revenue $14.2M, up 4%; Office weakest other income, down 27% to $1.7M
  • Development capitalized costs $15.5M vs $8.6M YoY; other improvements $14.3M vs $12.8M
  • Outlook focused on same-store growth, redevelopment and acquisitions; headwinds include interest rates, vacancies and economic conditions

Risk Factors

  • Fourth Amended and Restated Credit Agreement dated April 1, 2026 indicates updated financing arrangements
  • Voting Support Agreement dated May 11, 2026 introduces transaction-related execution exposure
  • No disclosed defaults upon senior securities during the quarter
  • No disclosed officer or director Rule 10b5-1 trading-plan changes during the quarter

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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