---
schema_version: "secwatch.filing_event.v1"
accession: "0000912242-26-000020"
form_type: "8-K"
ticker: "MAC"
cik: "0000912242"
company_name: "MACERICH CO"
filed_at: "2026-05-06T23:59:59+00:00"
generated_at: "2026-05-14T23:06:20.397939+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Macerich Q1 net loss narrows to $36.4M; FFO as adjusted flat at $0.34/share

## Summary
- Net loss of $36.4M ($0.14 diluted) vs $50.1M loss ($0.20) in Q1 2025.
- FFO as adjusted $92.4M ($0.34/diluted), flat YoY; includes $10.1M gain on undepreciated asset sales.
- Portfolio leased occupancy 93.4% (+0.8% YoY); signed leases for 1.6M sq ft in Q1.
- Acquired Annapolis Mall for $260M plus $12M for Sears parcel, funded with cash and credit line.
- Closed $900M revolver (up from $650M), extended to March 2030; $780M liquidity post-quarter.

## SEC filing metadata
- accession: 0000912242-26-000020
- form_type: 8-K
- ticker: MAC
- cik: 0000912242
- company_name: MACERICH CO
- filed_at: 2026-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/912242/000091224226000020/0000912242-26-000020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/912242/000091224226000020/mac-20260506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000912242-26-000020
- JSON: https://secwatch.observer/filing/0000912242-26-000020.json
- Plain text: https://secwatch.observer/filing/0000912242-26-000020.txt

## Source-grounded claims
- claim_id: 7ec0dfb5ed5d844e6e545c8313544f591482b3cc
  claim: MACERICH CO reported the three months ended March 31, 2026 results: net income $36.4 million, or $0.14 per share-diluted.
  evidence_excerpt: The net loss attributable to the Company was $36.4 million, or $0.14 per share-diluted, during the first quarter of 2026
  evidence_url: https://www.sec.gov/Archives/edgar/data/912242/000091224226000020/0000912242-26-000020-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.