In Q1 FY2026, Whitestone REIT reported revenue of $41.4 million, up 8.9% year-over-year, and net income of $4.1 million, up 11.9%. Diluted EPS was $0.08, a 14.3% increase. The company had cash of $6.0 million, equity of $463.8 million, and long-term debt of $649.4 million as of the end of the quarter.
•Revenue increased 8.9% YoY to $41.4 million.
•Net income rose 11.9% YoY to $4.1 million.
•Diluted EPS grew 14.3% to $0.08.
•Long-term debt stood at $649.4 million as of December 31, 2025.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Whitestone REIT is a community-centered real estate investment trust (REIT) that acquires, owns, operates, and develops open-air, retail centers located in some of the fastest growing markets in the country: Phoenix, Austin, Dallas-Fort Worth, Houston and San Antonio.
Our centers are convenience focused: merchandised with a mix of service-oriented tenants providing food (restaurants and grocers), self-care (health and fitness), services (financial and logistics), education and entertainment to the surrounding communities.
The Company believes its strong community connections and deep tenant relationships are key to the success of its current centers and its acquisition strategy. Whitestone REIT was incorporated in 1998 in Maryland, USA.
Whitestone REIT is a community-centered real estate investment trust that acquires, owns, operates, and develops open-air retail centers. Its properties are convenience-focused, merchandised with a mix of service-oriented tenants providing food (restaurants and grocers), self-care (health and fitness), services (financial and logistics), education, and entertainment to surrounding communities. The company targets high-growth markets in the United States, specifically Phoenix, Austin, Dallas-Fort Worth, Houston, and San Antonio. Whitestone believes its strong community connections and deep tenant relationships are key to the success of its current centers and its acquisition strategy.
On which exchange is Whitestone REIT (WSR) listed and in what currency?
Whitestone REIT is listed on the New York Stock Exchange (NYSE) under the ticker symbol WSR. Its shares trade in US Dollars (USD), reflecting its primary operations in the United States. As a US-based REIT, the company reports its financial results in USD, and investors trading on the NYSE transact in this currency.
What sector and industry does Whitestone REIT (WSR) belong to?
Whitestone REIT operates in the Real Estate sector, specifically within the REIT - Retail industry. As a real estate investment trust, it focuses on owning and managing income-producing retail properties. The REIT structure allows it to pass most of its taxable income to shareholders in the form of dividends. Within the retail REIT niche, Whitestone specializes in open-air, convenience-oriented centers that serve daily needs of local communities, distinguishing itself from enclosed malls or large regional shopping centers.
Where does Whitestone REIT (WSR) operate and serve?
Whitestone REIT operates in some of the fastest-growing markets in the United States: Phoenix, Austin, Dallas-Fort Worth, Houston, and San Antonio. These are all Sun Belt cities known for strong population and job growth. The company's properties are open-air retail centers that serve the surrounding communities with convenience-focused tenants such as restaurants, grocers, health and fitness centers, financial services, logistics, education, and entertainment. Whitestone was incorporated in Maryland in 1998 and is headquartered in the US.
How does Whitestone REIT (WSR) generate revenue?
Whitestone REIT generates revenue primarily by leasing space in its open-air retail centers to a diverse mix of tenants. The company's properties are convenience-focused, meaning they cater to daily needs of nearby residents. Tenants include food providers (restaurants and grocers), self-care businesses (health and fitness), service providers (financial and logistics), education, and entertainment venues. Whitestone's business model relies on strong community connections and deep tenant relationships to maintain high occupancy and drive rental income. As a REIT, it must distribute at least 90% of its taxable income to shareholders as dividends.