Alexandria builds and rents specialized lab and office campuses for life science and tech companies in innovation hubs like Boston and San Francisco. Think of it as a landlord for scientists, providing the physical spaces where breakthrough research happens.
Rent from its 49.7 million square feet of properties is the core revenue, generating USD 2.97B in 2025 with a strong 68.94% gross margin. However, a USD 1.43B net loss that year shows the business is currently unprofitable, with income swinging wildly between
Its deep expertise in life science real estate and prime locations in dense innovation clusters create high switching costs for tenants, making it hard for competitors like Boston Properties or Kilroy Realty to replicate. Yet, the moat is eroding as remote wor
Sell (sector percentile 16) — value C-, growth B+, profitability C, momentum C, revisions D. Updated daily, sector-relative, identical for every user.
