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Side-by-side financial comparison of reAlpha Tech Corp. (AIRE) and Alexandria Real Estate Equities (ARE). Click either name above to swap in a different company.
Alexandria Real Estate Equities is the larger business by last-quarter revenue ($754.4M vs $895.3K, roughly 842.6× reAlpha Tech Corp.). Alexandria Real Estate Equities runs the higher net margin — -143.3% vs -541.6%, a 398.3% gap on every dollar of revenue. On growth, reAlpha Tech Corp. posted the faster year-over-year revenue change (70.1% vs -4.4%). Over the past eight quarters, reAlpha Tech Corp.'s revenue compounded faster (562.1% CAGR vs -1.0%).
reAlpha Tech Corp is a proptech firm that leverages artificial intelligence to identify, acquire, and operate high-yield short-term residential rental properties primarily across the United States. It provides tech-powered property management solutions to enhance guest experiences and maximize returns for individual and institutional real estate investors.
Alexandria Real Estate Equities, Inc. (NYSE:ARE), an S&P 500® urban office real estate investment trust (REIT), is the first, longest-tenured, and pioneering owner, operator, and developer uniquely focused on collaborative life science, technology, and agtech campuses in AAA innovation cluster locations, with a total market capitalization of $31.9 billion as of December 31, 2020, and an asset base in North America of 49.7 million square feet (SF). The asset base in North America includes 31.9...
AIRE vs ARE — Head-to-Head
Income Statement — Q4 2025 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $895.3K | $754.4M |
| Net Profit | $-4.8M | $-1.1B |
| Gross Margin | 62.7% | — |
| Operating Margin | -507.8% | — |
| Net Margin | -541.6% | -143.3% |
| Revenue YoY | 70.1% | -4.4% |
| Net Profit YoY | 76.9% | -1636.5% |
| EPS (diluted) | $-0.02 | $-6.35 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $895.3K | $754.4M | ||
| Q3 25 | $1.4M | $751.9M | ||
| Q2 25 | $1.3M | $762.0M | ||
| Q1 25 | $925.6K | $758.2M | ||
| Q4 24 | $526.4K | $788.9M | ||
| Q3 24 | $339.2K | $791.6M | ||
| Q2 24 | $62.4K | $766.7M | ||
| Q1 24 | $20.4K | $769.1M |
| Q4 25 | $-4.8M | $-1.1B | ||
| Q3 25 | $-5.8M | $-232.8M | ||
| Q2 25 | $-4.1M | $-107.0M | ||
| Q1 25 | $-2.8M | $-8.9M | ||
| Q4 24 | $-21.0M | $-62.2M | ||
| Q3 24 | $-2.1M | $167.9M | ||
| Q2 24 | $-1.5M | $46.7M | ||
| Q1 24 | $-1.4M | $170.5M |
| Q4 25 | 62.7% | — | ||
| Q3 25 | 51.9% | — | ||
| Q2 25 | 49.6% | — | ||
| Q1 25 | 56.0% | — | ||
| Q4 24 | 71.1% | — | ||
| Q3 24 | 66.6% | — | ||
| Q2 24 | 70.7% | — | ||
| Q1 24 | 10.7% | — |
| Q4 25 | -507.8% | — | ||
| Q3 25 | -342.4% | — | ||
| Q2 25 | -326.5% | — | ||
| Q1 25 | -261.7% | — | ||
| Q4 24 | -524.6% | — | ||
| Q3 24 | -479.1% | — | ||
| Q2 24 | -1939.6% | — | ||
| Q1 24 | -6397.0% | — |
| Q4 25 | -541.6% | -143.3% | ||
| Q3 25 | -400.1% | -31.0% | ||
| Q2 25 | -328.3% | -14.0% | ||
| Q1 25 | -307.9% | -1.2% | ||
| Q4 24 | -3994.4% | -7.9% | ||
| Q3 24 | -618.6% | 21.2% | ||
| Q2 24 | -2370.9% | 6.1% | ||
| Q1 24 | -6946.9% | 22.2% |
| Q4 25 | $-0.02 | $-6.35 | ||
| Q3 25 | $-0.07 | $-1.38 | ||
| Q2 25 | $-0.08 | $-0.64 | ||
| Q1 25 | $-0.06 | $-0.07 | ||
| Q4 24 | $-0.47 | $-0.38 | ||
| Q3 24 | $-0.05 | $0.96 | ||
| Q2 24 | $-0.03 | $0.25 | ||
| Q1 24 | $-0.03 | $0.97 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $7.8M | $549.1M |
| Total DebtLower is stronger | — | $12.4B |
| Stockholders' EquityBook value | $11.5M | $15.5B |
| Total Assets | $21.7M | $34.1B |
| Debt / EquityLower = less leverage | — | 0.80× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $7.8M | $549.1M | ||
| Q3 25 | — | $579.5M | ||
| Q2 25 | $587.3K | $520.5M | ||
| Q1 25 | $1.2M | $476.4M | ||
| Q4 24 | $3.1M | $552.1M | ||
| Q3 24 | $7.1M | $562.6M | ||
| Q2 24 | $3.7M | $561.0M | ||
| Q1 24 | $4.8M | $722.2M |
| Q4 25 | — | $12.4B | ||
| Q3 25 | — | $13.6B | ||
| Q2 25 | $152.9K | $13.3B | ||
| Q1 25 | — | $13.1B | ||
| Q4 24 | $241.1K | $12.2B | ||
| Q3 24 | — | $12.7B | ||
| Q2 24 | — | $12.4B | ||
| Q1 24 | — | $12.2B |
| Q4 25 | $11.5M | $15.5B | ||
| Q3 25 | $10.9M | $16.6B | ||
| Q2 25 | $-1.1M | $17.2B | ||
| Q1 25 | $-972.3K | $17.5B | ||
| Q4 24 | $1.6M | $17.9B | ||
| Q3 24 | $22.5M | $18.2B | ||
| Q2 24 | $22.2M | $18.3B | ||
| Q1 24 | $23.3M | $18.4B |
| Q4 25 | $21.7M | $34.1B | ||
| Q3 25 | $19.7M | $37.4B | ||
| Q2 25 | $15.5M | $37.6B | ||
| Q1 25 | $18.5M | $37.6B | ||
| Q4 24 | $12.0M | $37.5B | ||
| Q3 24 | $34.2M | $38.5B | ||
| Q2 24 | $24.6M | $37.8B | ||
| Q1 24 | $25.4M | $37.7B |
| Q4 25 | — | 0.80× | ||
| Q3 25 | — | 0.82× | ||
| Q2 25 | — | 0.77× | ||
| Q1 25 | — | 0.75× | ||
| Q4 24 | 0.15× | 0.68× | ||
| Q3 24 | — | 0.70× | ||
| Q2 24 | — | 0.68× | ||
| Q1 24 | — | 0.66× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-2.4M | $312.4M |
| Free Cash FlowOCF − Capex | $-2.4M | — |
| FCF MarginFCF / Revenue | -270.9% | — |
| Capex IntensityCapex / Revenue | 1.1% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-11.3M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-2.4M | $312.4M | ||
| Q3 25 | $-4.2M | $433.5M | ||
| Q2 25 | $-2.3M | $460.2M | ||
| Q1 25 | $-2.3M | $207.9M | ||
| Q4 24 | $-2.2M | $274.2M | ||
| Q3 24 | $-1.3M | $477.4M | ||
| Q2 24 | $-1.0M | $411.8M | ||
| Q1 24 | $-1.5M | $341.2M |
| Q4 25 | $-2.4M | — | ||
| Q3 25 | $-4.3M | — | ||
| Q2 25 | $-2.3M | — | ||
| Q1 25 | $-2.3M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $-1.3M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | -270.9% | — | ||
| Q3 25 | -294.1% | — | ||
| Q2 25 | -187.5% | — | ||
| Q1 25 | -246.4% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -372.2% | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | 1.1% | — | ||
| Q3 25 | 0.4% | — | ||
| Q2 25 | 1.1% | — | ||
| Q1 25 | 1.5% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.2% | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 2.84× | ||
| Q2 24 | — | 8.82× | ||
| Q1 24 | — | 2.00× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AIRE
Segment breakdown not available.
ARE
| Reportable Segment Aggregation Before Other Operating Segment | $707.2M | 94% |
| Other | $21.7M | 3% |
