---
schema_version: "secwatch.filing_event.v1"
accession: "0001500217-26-000004"
form_type: "8-K"
ticker: "AAT"
cik: "0001500217"
company_name: "American Assets Trust, Inc."
filed_at: "2026-02-03T23:59:59+00:00"
generated_at: "2026-05-16T05:18:38.355141+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# AAT Q4 FFO $0.47 vs $0.55; FY25 FFO $2.00; guides FY26 midpoint $2.03; same-store cash NOI flat in Q4

## Summary
- Net income $3.1M (diluted EPS $0.05) in Q4; $55.6M ($0.92) for FY25.
- FFO per diluted share/unit $0.47 in Q4 and $2.00 in FY25, down from $0.55 and $2.58 YoY.
- Same-store cash NOI unchanged in Q4; up 0.5% for the year; office occupancy 83.1%, retail 97.7%.
- Introducing FY26 FFO guidance $1.96-$2.10 per share (midpoint $2.03).
- Q4 dividend $0.340 per share; Q1 2026 dividend declared at $0.340 payable March 19.

## SEC filing metadata
- accession: 0001500217-26-000004
- form_type: 8-K
- ticker: AAT
- cik: 0001500217
- company_name: American Assets Trust, Inc.
- filed_at: 2026-02-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1500217/000150021726000004/0001500217-26-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1500217/000150021726000004/aat-20260203.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001500217-26-000004
- JSON: https://secwatch.observer/filing/0001500217-26-000004.json
- Plain text: https://secwatch.observer/filing/0001500217-26-000004.txt

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