In Q1 FY2026 (ended March 31, 2026), Rexford Industrial Realty reported revenue of $245.1 million, down 2.9% year-over-year. Net income rose 28.1% to $91.2 million, and diluted EPS increased 26.7% to $0.38. Operating income was $33.6 million, up 32.8% from the prior year. The company had $51.7 million in cash, $8.26 billion in equity, and $3.25 billion in long-term debt.
•Revenue decreased 2.9% YoY to $245.1 million.
•Net income increased 28.1% YoY to $91.2 million.
•Diluted EPS rose 26.7% to $0.38.
•Operating income grew 32.8% YoY to $33.6 million.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Rexford Industrial Realty, Inc. creates value by investing in, operating and repositioning industrial properties throughout infill Southern California, the world's fourth largest industrial market and consistently the highest-demand with lowest-supply major market in the nation over the long term.
The Company's highly differentiated strategy enables internal and external growth opportunities through its proprietary value creation and asset management capabilities. Rexford Industrial's high-quality, irreplaceable portfolio comprised 419 properties with approximately 51.2 million rentable square feet occupied by a stable and diverse tenant base.
Structured as a real estate investment trust (REIT) listed on the New York Stock Exchange. Rexford Industrial is an S&P MidCap 400 Index member. Rexford Industrial Realty, Inc. was incorporated on January 18th, 2013 and is based in Los Angeles, United States.
What does Rexford Industrial Realty, Inc. (REXR) do?
Rexford Industrial Realty, Inc. is a real estate investment trust (REIT) that focuses on investing in, operating, and repositioning industrial properties. The company specifically targets infill Southern California, which is described as the world's fourth largest industrial market and consistently the highest-demand, lowest-supply major market in the nation over the long term. Rexford Industrial's strategy involves both internal and external growth through proprietary value creation and asset management capabilities. As of its latest data, the company's portfolio comprised 419 properties with approximately 51.2 million rentable square feet, occupied by a stable and diverse tenant base. The company is structured as a REIT and is listed on the New York Stock Exchange under the ticker REXR.
Where is Rexford Industrial Realty (REXR) listed and in what currency does it trade?
Rexford Industrial Realty, Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol REXR. The company's shares trade in US Dollars (USD), as it is based in the United States. Being listed on the NYSE provides the company with access to a broad base of investors and liquidity. The company is also a member of the S&P MidCap 400 Index, which reflects its position as a mid-capitalization stock. Investors can buy and sell shares of Rexford Industrial on the NYSE during regular trading hours, and the stock is denominated in USD, making it accessible primarily to investors in the US and international markets that trade US equities.
What sector and industry does Rexford Industrial Realty (REXR) belong to?
Rexford Industrial Realty, Inc. operates in the Real Estate sector and is specifically classified under the REIT - Industrial industry. REIT stands for Real Estate Investment Trust, which is a company that owns, operates, or finances income-producing real estate. As an industrial REIT, Rexford focuses on industrial properties such as warehouses, distribution centers, and manufacturing facilities. The company's specialization in infill Southern California industrial properties sets it apart, as this market is noted for high demand and low supply. Being a REIT, Rexford is required to distribute at least 90% of its taxable income to shareholders as dividends, making it a popular choice for income-focused investors.
Where is Rexford Industrial Realty (REXR) headquartered and what markets does it serve?
Rexford Industrial Realty, Inc. is headquartered in Los Angeles, United States. The company was incorporated on January 18th, 2013, and has since focused exclusively on the Southern California industrial real estate market. Specifically, it targets infill locations within this region, which is described as the world's fourth largest industrial market. The company's portfolio of 419 properties with approximately 51.2 million rentable square feet is concentrated in this area, serving a diverse tenant base. By concentrating on a single, high-barrier market, Rexford aims to leverage its deep local expertise and relationships to create value through property repositioning and active asset management.
What is the business model of Rexford Industrial Realty (REXR) and how does it generate revenue?
Rexford Industrial Realty, Inc. operates as a real estate investment trust (REIT) that generates revenue primarily through leasing industrial properties to tenants. The company's business model involves investing in, operating, and repositioning industrial properties within infill Southern California. It creates value through proprietary value creation and asset management capabilities, which include acquiring underperforming or undervalued properties, improving them through renovations or redevelopment, and then leasing them at higher rates. The company's portfolio of 419 properties with 51.2 million rentable square feet provides a stable income stream from a diverse tenant base. As a REIT, Rexford is required to distribute the majority of its taxable income to shareholders as dividends, which is a key part of its value proposition to investors.