10-Q quarterly report · filed Nov 5, 2025

MACERICH CO (MAC) Q3 2025 10-Q Quarterly Report

Short answer

MACERICH CO (MAC) filed its Q3 2025 10-Q quarterly report on Nov 5, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $253M (up 15.0% year over year) with net income of −$87M.

Q3 2025 key financials · XBRL

Revenue
$253M
+15.0% YoY · +1.4% QoQ
Net income
−$87M
+19.3% YoY · −113.6% QoQ
EPS (diluted)
−$0.35
+30.0% YoY · −118.7% QoQ

Source: XBRL data from the MACERICH CO (MAC) Q3 2025 10-Q on SEC EDGAR. USD.

MACERICH CO Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Risk Factors

  • New financing risk: Default on $300M Santa Monica Place loan in April 2024, with property under receiver control but ownership retained
  • Updated operational risk: Redevelopment of Scottsdale Fashion Square ($84-90M project) and Green Acres Mall ($130-150M), phased openings through 2027
  • Legal risk: Change in accounting for Chandler Fashion Center investment to equity method from financing arrangement as of June 13, 2024
  • Market risk: Impact of inflation increasing operating and capital costs in 2025 despite tenant rent escalations linked to CPI
  • Financial risk: Credit facility borrowings increased by $100M for Crabtree Mall acquisition in June 2025, followed by $159.1M term loan on Crabtree Mall in August 2025

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

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