MID AMERICA APARTMENT COMMUNITIES INC.

MAA 10-Q · Q1 2026

MAA Q1 2026 request

Playground key active
Request URL /api/financials?ticker=MAA&year=2026&quarter=1
waiting 0 ms
Pick an endpoint and run the request.
curl

Income Statement

Income Statement
Metric Q1 2026 Q1 2025 YoY
Revenue 553,725 549,295 +0.8%
Show Business Segments breakouts
Non-Same Store and Other [Member] 36,745 30,468 +20.6%
Same Store [Member] 516,980 518,827 -0.4%
Show Legal Entity breakouts
Limited Partnership [Member] 553,725 549,295 +0.8%
Operating Costs And Expenses Excluding Depreciation And Amortization And Real Estate Taxes And Insurance 127,613 124,955 +2.1%
Show Legal Entity breakouts
Limited Partnership [Member] 127,613 124,955 +2.1%
Real Estate Taxes And Insurance 77,959 76,398 +2.0%
Show Legal Entity breakouts
Limited Partnership [Member] 77,959 76,398 +2.0%
Depreciation And Amortization 161,870 152,350 +6.2%
Show Legal Entity breakouts
Limited Partnership [Member] 161,870 152,350 +6.2%
Property Operating Expenses 367,442 353,703 +3.9%
Show Legal Entity breakouts
Limited Partnership [Member] 367,442 353,703 +3.9%
Other Cost And Expense Operating 22,461 20,578 +9.2%
Show Legal Entity breakouts
Limited Partnership [Member] 22,461 20,578 +9.2%
General & Administrative 16,716 15,619 +7.0%
Show Legal Entity breakouts
Limited Partnership [Member] 16,716 15,619 +7.0%
Interest Expense 51,409 45,161 +13.8%
Show Legal Entity breakouts
Limited Partnership [Member] 51,409 45,161 +13.8%
Gain Loss On Sale Of Property Plant Equipment -20,164 -71,911 +72.0%
Show Legal Entity breakouts
Limited Partnership [Member] -20,164 -71,911 +72.0%
Other Non-Operating Income (Expense) -16,005 -834 -1819.1%
Show Legal Entity breakouts
Limited Partnership [Member] -16,005 -834 -1819.1%
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments 131,866 186,979 -29.5%
Show Legal Entity breakouts
Limited Partnership [Member] 131,866 186,979 -29.5%
Income Tax Expense (Benefit) -5,521 -1,038 -431.9%
Show Legal Entity breakouts
Limited Partnership [Member] -5,521 -1,038 -431.9%
Income Loss From Continuing Operations Before Equity Method Investments 126,345 185,941 -32.1%
Show Legal Entity breakouts
Limited Partnership [Member] 126,345 185,941 -32.1%
Income Loss From Equity Method Investments 266 465 -42.8%
Show Legal Entity breakouts
Limited Partnership [Member] 266 465 -42.8%
Net Income 126,611 186,406 -32.1%
Show Equity Components breakouts
Accumulated Distributions In Excess Of Net Income · Mid America Apartment Communities Inc. Shareholders Equity [Member] 124,359 181,673 -31.5%
Noncontrolling Interests - Consolidated Real Estate Entities [Member] · Mid America Apartment Communities Inc. Shareholders Equity [Member] -869
Noncontrolling Interests - Operating Partnership [Member] · Mid America Apartment Communities Inc. Shareholders Equity [Member] 3,121 4,733 -34.1%
Show Legal Entity breakouts
Limited Partnership [Member] 126,611 186,406 -32.1%
Show Consolidated Entities breakouts
M A A L P [Member] · Noncontrolling Interest -869
M A A L P [Member] · Preferred Partner 922 922 0.0%
Show Partner Type Of Partners Capital Account breakouts
Mid America Apartment Communities Inc. Shareholders Equity [Member] 126,611 186,406 -32.1%
Net Income Loss Attributable To Noncontrolling Interest 2,252 4,733 -52.4%
Show Legal Entity breakouts
Limited Partnership [Member] -869
Net Income 124,359 181,673 -31.5%
Show Legal Entity breakouts
Limited Partnership [Member] 127,480 186,406 -31.6%
Preferred Stock Dividends Income Statement Impact 922 922 0.0%
Show Legal Entity breakouts
Limited Partnership [Member] 922 922 0.0%
Net Income Loss Available To Common Stockholders Basic 123,437 180,751 -31.7%
Show Legal Entity breakouts
Limited Partnership [Member] 126,558 185,484 -31.8%
EPS (Basic) 1.06 1.55 -31.6%
Basic Earnings Per Unit (Q)
Show Legal Entity breakouts
Limited Partnership [Member] 1.06 1.55 -31.6%
EPS (Diluted) 1.06 1.54 -31.2%
Diluted Earnings Per Unit (Q)
Show Legal Entity breakouts
Limited Partnership [Member] 1.06 1.54 -31.2%
Operating Expenses 205,572 201,353 +2.1%
Show Business Segments breakouts
Non-Same Store and Other [Member] 17,288 15,442 +12.0%
Same Store [Member] 188,284 185,911 +1.3%
Comprehensive Income 124,731 182,091 -31.5%
Show Legal Entity breakouts
Limited Partnership [Member] 127,861 186,835 -31.6%
Wtd Avg Shares (Basic) 116,622 116,840 -0.2%
Wtd Avg Shares (Diluted) 116,740 117,092 -0.3%
Show Legal Entity breakouts
Limited Partnership [Member] 119,680 120,165 -0.4%
Revenue From Contract With Customer Including Assessed Tax (Q)
Show Business Segments breakouts
Non-Same Store and Other [Member] 36,367 30,215 +20.4%
Same Store [Member] 513,759 515,417 -0.3%

Balance Sheet

Balance Sheet
Metric Q1 2026 Q1 2025 YoY
Current Assets
Cash & Cash Equivalents 71,529 55,776 +28.2%
Show Legal Entity breakouts
Limited Partnership [Member] 71,529 55,776 +28.2%
Non-Current Assets
Total Assets 11,994,502 11,811,957 +1.5%
Show Product Lines breakouts
Real Estate · Limited Partnership [Member] 379.2 463.8 -18.2%
Show Business Segments breakouts
Corporate 197,961 171,106 +15.7%
Non-Same Store and Other [Member] 2,194,303 1,870,560 +17.3%
Same Store [Member] 9,602,238 9,770,291 -1.7%
Show Legal Entity breakouts
Limited Partnership [Member] 11,994,502 11,811,957 +1.5%
Operating Lease Right-of-Use Assets 37.3 39.9 -6.5%
Other Assets
Land 2,157,019 2,096,912 +2.9%
Show Legal Entity breakouts
Limited Partnership [Member] 2,157,019 2,096,912 +2.9%
Buildings Improvements And Other 15,052,435 14,286,757 +5.4%
Show Legal Entity breakouts
Limited Partnership [Member] 15,052,435 14,286,757 +5.4%
Construction In Progress Gross 369,883 485,254 -23.8%
Show Legal Entity breakouts
Limited Partnership [Member] 369,883 485,254 -23.8%
Limited Partnership [Member] · Costs Incurred To Date [Member] 388.3 546.5 -28.9%
Real Estate Investment Property At Cost 17,579,337 16,868,923 +4.2%
Show Legal Entity breakouts
Limited Partnership [Member] 17,579,337 16,868,923 +4.2%
Real Estate Investment Property Accumulated Depreciation -6,074,082 -5,478,208 -10.9%
Show Legal Entity breakouts
Limited Partnership [Member] -6,074,082 -5,478,208 -10.9%
Real Estate Investment Property Net 11,505,255 11,390,715 +1.0%
Show Legal Entity breakouts
Limited Partnership [Member] 11,505,255 11,390,715 +1.0%
Land Available For Development 73,359 73,359 0.0%
Show Legal Entity breakouts
Limited Partnership [Member] 73,359 73,359 0.0%
Investments In Affiliates Subsidiaries Associates And Joint Ventures 41,578 41,790 -0.5%
Show Legal Entity breakouts
Limited Partnership [Member] 41,578 41,790 -0.5%
Real Estate Assets Net 11,620,192 11,505,864 +1.0%
Show Legal Entity breakouts
Limited Partnership [Member] 11,620,192 11,505,864 +1.0%
Restricted Cash 13,336 13,678 -2.5%
Show Legal Entity breakouts
Limited Partnership [Member] 13,336 13,678 -2.5%
Other Assets 262,382 236,639 +10.9%
Show Legal Entity breakouts
Limited Partnership [Member] 262,382 236,639 +10.9%
Assets Held For Sale Not Part Of Disposal Group 27,063
Show Legal Entity breakouts
Limited Partnership [Member] 27,063
Current Liabilities
Other Liabilities Current (Q)
Show Legal Entity breakouts
Limited Partnership [Member] · Related Party 19 19 0.0%
Non-Current Liabilities
Accrued Liabilities Current And Noncurrent 629,486 611,896 +2.9%
Show Legal Entity breakouts
Limited Partnership [Member] 629,486 611,896 +2.9%
Total Liabilities 6,286,006 5,654,062 +11.2%
Show Product Lines breakouts
Real Estate · Limited Partnership [Member] 15.1 20.8 -27.4%
Show Legal Entity breakouts
Limited Partnership [Member] 6,286,025 5,654,081 +11.2%
Other Liabilities
Unsecured Debt 5,296,096 4,681,868 +13.1%
Show Debt Instrument breakouts
Unsecured Senior Notes Due September 2026 [Member] 300
Show Legal Entity breakouts
Limited Partnership [Member] 5,296,096 4,681,868 +13.1%
Show Credit Facility breakouts
Commercial Paper 727.3 310 +134.6%
Secured Debt 360,424 360,298 0.0%
Show Legal Entity breakouts
Limited Partnership [Member] 360,424 360,298 0.0%
Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests 18,186 24,425 -25.5%
Show Legal Entity breakouts
Limited Partnership [Member] 18,186 24,425 -25.5%
Stockholders' Equity
Preferred Stock Value Outstanding 9 9 0.0%
Common Stock Value Outstanding 1,161 1,166 -0.4%
Additional Paid-In Capital 7,331,507 7,422,913 -1.2%
Accumulated Distributions In Excess Of Net Income -1,787,111 -1,467,858 -21.7%
Accumulated Other Comprehensive Income -4,928 -6,522 +24.4%
Show Legal Entity breakouts
Limited Partnership [Member] -4,994 -6,635 +24.7%
Total Stockholders' Equity 5,540,638 5,949,708 -6.9%
Minority Interest In Operating Partnerships 138,537 154,810 -10.5%
Parent L P Stockholders Equity Including Portion Attributable To Noncontrolling Interest 5,679,175 6,104,518 -7.0%
Show Legal Entity breakouts
Limited Partnership [Member] 5,679,156 6,104,499 -7.0%
Minority Interest In Joint Ventures 11,135 28,952 -61.5%
Show Legal Entity breakouts
Limited Partnership [Member] 11,135 28,952 -61.5%
Stockholders Equity Including Portion Attributable To Noncontrolling Interest 5,690,310 6,133,470 -7.2%
Show Equity Components breakouts
Accumulated Distributions In Excess Of Net Income · Mid America Apartment Communities Inc. Shareholders Equity [Member] -1,787,111 -1,467,858 -21.7%
Accumulated Other Comprehensive Income · Mid America Apartment Communities Inc. Shareholders Equity [Member] -4,928 -6,522 +24.4%
Additional Paid In Capital · Mid America Apartment Communities Inc. Shareholders Equity [Member] 7,331,507 7,422,913 -1.2%
Common Stock · Mid America Apartment Communities Inc. Shareholders Equity [Member] 1,161 1,166 -0.4%
Noncontrolling Interests - Consolidated Real Estate Entities [Member] · Mid America Apartment Communities Inc. Shareholders Equity [Member] 11,135 28,952 -61.5%
Noncontrolling Interests - Operating Partnership [Member] · Mid America Apartment Communities Inc. Shareholders Equity [Member] 138,537 154,810 -10.5%
Preferred Stock · Mid America Apartment Communities Inc. Shareholders Equity [Member] 9 9 0.0%
Show Legal Entity breakouts
Limited Partnership [Member] 5,690,291 6,133,451 -7.2%
Show Partner Type Of Partners Capital Account breakouts
Mid America Apartment Communities Inc. Shareholders Equity [Member] 5,690,310 6,133,470 -7.2%
Total Liabilities & Equity 11,994,502 11,811,957 +1.5%
Show Legal Entity breakouts
Limited Partnership [Member] 11,994,502 11,811,957 +1.5%
Preferred Units Preferred Partners Capital Accounts (Q)
Show Legal Entity breakouts
Limited Partnership [Member] 66,840 66,840 0.0%
General Partners Capital Account (Q)
Show Legal Entity breakouts
Limited Partnership [Member] 5,478,773 5,889,484 -7.0%
Limited Partners Capital Account 358.1 512.9 -30.2%
Show Legal Entity breakouts
Limited Partnership [Member] 138,537 154,810 -10.5%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q1 2026 YTD Q1 2025 YoY
Operating Activities
Depreciation & Amortization 162,040 152,520 +6.2%
Show Legal Entity breakouts
Limited Partnership [Member] 162,040 152,520 +6.2%
Gain Loss On Disposition Of Assets -20,164 -71,911 +72.0%
Show Legal Entity breakouts
Limited Partnership [Member] -20,164 -71,911 +72.0%
Derivative Gain Loss On Derivative Net 1,574 410 +283.9%
Show Hedging Designation breakouts
Nondesignated 1,574 410 +283.9%
Show Legal Entity breakouts
Limited Partnership [Member] 1,574 410 +283.9%
Stock-Based Compensation 5,822 5,261 +10.7%
Show Legal Entity breakouts
Limited Partnership [Member] 5,822 5,261 +10.7%
Amortization Of Debt Discount Premium 1,758 1,616 +8.8%
Show Legal Entity breakouts
Limited Partnership [Member] 1,758 1,616 +8.8%
Gain Loss From Unconsolidated Limited Partnerships Net Of Distributions Received -21,894 -810 -2603.0%
Show Legal Entity breakouts
Limited Partnership [Member] -21,894 -810 -2603.0%
Increase Decrease In Accrued Liabilities And Other Operating Liabilities -100,880 -71,852 -40.4%
Show Legal Entity breakouts
Limited Partnership [Member] -100,880 -71,852 -40.4%
Other Operating Activities Cash Flow Statement -5,223 -5,022 -4.0%
Show Legal Entity breakouts
Limited Partnership [Member] -5,223 -5,022 -4.0%
Net Cash from Operations 149,644 196,618 -23.9%
Show Legal Entity breakouts
Limited Partnership [Member] 149,644 196,618 -23.9%
Investing Activities
Payments To Acquire Real Estate And Other Assets -28,984
Show Legal Entity breakouts
Limited Partnership [Member] -28,984
Payments For Capital Improvements -58,369 -72,636 +19.6%
Show Legal Entity breakouts
Limited Partnership [Member] -58,369 -72,636 +19.6%
Payments To Acquire In Process Research And Development -75,256 -66,222 -13.6%
Show Legal Entity breakouts
Limited Partnership [Member] -75,256 -66,222 -13.6%
Payments To Acquire Equity Method Investments -750 -3,675 +79.6%
Show Legal Entity breakouts
Limited Partnership [Member] -750 -3,675 +79.6%
Proceeds From Real Estate Asset Dispositions 40,801 81,128 -49.7%
Show Legal Entity breakouts
Limited Partnership [Member] 40,801 81,128 -49.7%
Net Cash from Investing -122,558 -61,405 -99.6%
Show Legal Entity breakouts
Limited Partnership [Member] -122,558 -61,405 -99.6%
Distribution On Common Units Declared And Accrued 182,507 181,765 +0.4%
Show Legal Entity breakouts
Limited Partnership [Member] 182,507 181,765 +0.4%
Construction In Progress Expenditures Incurred But Not Yet Paid 38,911 34,599 +12.5%
Show Legal Entity breakouts
Limited Partnership [Member] 38,911 34,599 +12.5%
Interest Costs Capitalized 3,872 5,105 -24.2%
Show Legal Entity breakouts
Limited Partnership [Member] 3,872 5,105 -24.2%
Conversion Of Stock Amount Converted1 457 759 -39.8%
Financing Activities
Proceeds From Issuance Of Commercial Paper 51,300 60,000 -14.5%
Show Legal Entity breakouts
Limited Partnership [Member] 51,300 60,000 -14.5%
Proceeds From Notes Payable 200,474
Show Legal Entity breakouts
Limited Partnership [Member] 200,474
Payments Of Financing Costs -1,882
Show Legal Entity breakouts
Limited Partnership [Member] -1,882
Share Repurchases -72,780
Show Legal Entity breakouts
Limited Partnership [Member] -72,780
Show Antidilutive Securities Excluded From Computation Of Earnings Per Share By Antidilutive Securities breakouts
Limited Partnership Units [Member] -72.8
Payments Of Dividends Minority Interest -4,506 -4,660 +3.3%
Payments Of Dividends Common Stock -178,854 -177,107 -1.0%
Show Legal Entity breakouts
Limited Partnership [Member] -183,360 -181,767 -0.9%
Payments Of Dividends Preferred Stock And Preference Stock -922 -922 0.0%
Show Legal Entity breakouts
Limited Partnership [Member] -922 -922 0.0%
Proceeds From Issuance Of Common Stock 378 375 +0.8%
Show Legal Entity breakouts
Limited Partnership [Member] 378 375 +0.8%
Payments To Minority Shareholders -11,034
Show Legal Entity breakouts
Limited Partnership [Member] -11,034
Proceeds From Payments For Other Financing Activities 1,630 -206 +891.3%
Show Legal Entity breakouts
Limited Partnership [Member] 1,630 -206 +891.3%
Net Cash from Financing -16,196 -122,520 +86.8%
Show Legal Entity breakouts
Limited Partnership [Member] -16,196 -122,520 +86.8%
Supplemental
Interest Paid 61,641 52,393 +17.7%
Show Legal Entity breakouts
Limited Partnership [Member] 61,641 52,393 +17.7%
Other Cash Flow
Net Change in Cash 10,890 12,693 -14.2%
Show Legal Entity breakouts
Limited Partnership [Member] 10,890 12,693 -14.2%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 84,865 69,454 +22.2%
Show Legal Entity breakouts
Limited Partnership [Member] 84,865 69,454 +22.2%

Values in thousands USD. Source: SEC EDGAR 10-Q filing.

This table is rendered from the same JSON returned by /api/financials.

Get API Key