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  • Litigation (new) — The company entered into a proposed $53 million class action settlement and faces new DC and Kentucky litigation over revenue management software.
NYSE: MAA MID AMERICA APARTMENT COMMUNITIES INC. 10-Q

MAA Q2 net income rises 12.6% to $121.8M, but leverage climbs to 4.5x and legal settlements mount

Filed July 30, 2026 · Period ending June 30, 2026 · Compared to 10-Q Jul 31, 2025 · ~1 min read

Key Changes

  • high

    Net income available to common shareholders rose 12.7% to $120.8M, but Core FFO fell $10.1M on higher interest and operating costs.

    MD&A: Net income and Core FFO verify on EDGAR →
  • high

    Interest expense jumped 17.7% to $53.1M as variable-rate debt more than doubled to $764M; net debt to Adjusted EBITDAre rose to 4.5x from 4.0x.

    MD&A: Interest expense and leverage verify on EDGAR →
  • high

    Upcoming debt maturities more than doubled to $1.6B over the next 12 months, including $664M of commercial paper due July 2026.

    Notes: Debt obligations verify on EDGAR →

2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.

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View original filing on SEC.gov View full financials on EDGAR ↗

Figures/quotes linked to EDGAR · Narrative written by AI · Sep 4, 2026 · How we verify