For Q1 FY2026 (ended March 31, 2026), Terreno Realty Corp reported revenue of $124.4 million, up 12.7% year-over-year. Net income was $69.4 million, a 44.3% increase, and diluted EPS rose 40.4% to $0.66. The company had $87.9 million in cash, $4.3 billion in equity, and $942.0 million in long-term debt.
•Revenue increased 12.7% YoY to $124.4 million.
•Net income rose 44.3% YoY to $69.4 million.
•Diluted EPS grew 40.4% to $0.66.
•Cash stood at $87.9 million, equity at $4.3 billion, and long-term debt at $942.0 million.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Terreno Realty acquires, owns and operates industrial real estate in six major coastal U.S. markets. It includes New York City, Northern New Jersey, Los Angeles, Miami, San Francisco Bay Area, Seattle, and Washington, D.C. All square feet, acres, occupancy and number of properties disclosed in these condensed notes to the consolidated financial statements are unaudited.
As of September 30, 2025, the Company owned 307 buildings (including one property consisting of two buildings held for sale) aggregating approximately 20.2 million square feet, 44 improved land parcels consisting of approximately 146.4 acres, six properties under development or redevelopment and approximately 10.7 acres of land for future development.
The Company is an internally managed Maryland corporation and elected to be taxed as a real estate investment trust (REIT) under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended, commencing with its taxable year ended December 31, 2010. Terreno Realty Corporation was incorporated on 6th November 2009 and is based in Bellevue, United States.
Terreno Realty Corporation acquires, owns, and operates industrial real estate in six major coastal U.S. markets. The company focuses on properties such as warehouses, distribution centers, and light industrial facilities. As of September 30, 2025, Terreno owned 307 buildings totaling approximately 20.2 million square feet, along with 44 improved land parcels covering about 146.4 acres. The company also has six properties under development or redevelopment and approximately 10.7 acres of land for future development. Its portfolio serves key logistics hubs, including New York City, Northern New Jersey, Los Angeles, Miami, San Francisco Bay Area, Seattle, and Washington, D.C.
Where is Terreno Realty Corporation (TRNO) listed and in what currency?
Terreno Realty Corporation is listed on the New York Stock Exchange (NYSE) under the ticker symbol TRNO. Its shares trade in U.S. dollars (USD), as the company is based in the United States. The exchange and currency reflect its primary listing in the U.S. equity markets, making it accessible to domestic and international investors through standard brokerage platforms.
What sector and industry does Terreno Realty Corporation (TRNO) belong to?
Terreno Realty Corporation operates in the Real Estate sector, specifically within the REIT - Industrial industry. As a real estate investment trust (REIT), the company is required to distribute at least 90% of its taxable income to shareholders in the form of dividends. Its focus on industrial properties—such as warehouses and distribution centers—positions it within the industrial REIT subsector, which caters to the growing demand for logistics and e-commerce infrastructure.
Where is Terreno Realty Corporation (TRNO) headquartered and what markets does it serve?
Terreno Realty Corporation is headquartered in Bellevue, United States, and was incorporated on November 6, 2009. The company serves six major coastal U.S. markets: New York City, Northern New Jersey, Los Angeles, Miami, San Francisco Bay Area, Seattle, and Washington, D.C. These markets are key logistics hubs with high population density and significant demand for industrial space. As of September 30, 2025, Terreno's portfolio included properties across these regions, totaling over 20 million square feet of rentable space.
How does Terreno Realty Corporation (TRNO) generate revenue and what is its business model?
Terreno Realty Corporation generates revenue primarily by leasing industrial properties to tenants. As a REIT, it earns rental income from its portfolio of warehouses, distribution centers, and land parcels. The company's business model focuses on acquiring, owning, and operating industrial real estate in supply-constrained coastal markets. It also develops or redevelops properties to enhance value. As of September 30, 2025, Terreno owned 307 buildings and 44 improved land parcels, with occupancy and rental rates driving cash flows. The company elected to be taxed as a REIT under the Internal Revenue Code, allowing it to avoid corporate income tax while distributing most earnings as dividends.