Inland Real EST TR (INRE) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Nov 3, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 5, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the INRE SEC filings page.
Inland Real EST Inc TR (INRE) reported $153.4M in revenue over the twelve months to Jun 30, 2026, up 0.8% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
The trust's shrinking asset base and persistent debt burden mean reinvestment is absorbing more cash even as reported losses narrow.
From FY2023 to FY2025, total assets fell7.2% while long-term debt fell only0.8% , so the portfolio contracted faster than its principal debt burden. That combination pushed debt-to-equity from 2.1x to 2.6x, indicating a more debt-dependent balance-sheet structure.
Revenue edged up
The FY2025 net loss narrowed to
Financial Health Signals
We do not publish a peer-relative financial health score for Inland Real EST Inc TR, because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The signals and metrics below are current.
Inland Real EST Inc TR passes 4 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), the one computable operating efficiency signal (asset turnover improving) passes.
Inland Real EST Inc TR reported a net loss of $11.0M while generating $42.7M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Inland Real EST Inc TR generated $37.8M in revenue in Q2 2026. This represents a decrease of 0.7% from the same quarter a year earlier. Against the prior quarter it is down 2.7%.
Inland Real EST Inc TR reported $1.1M in net income in Q2 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Inland Real EST Inc TR earned $0.03 per diluted share (EPS) in Q2 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Not reported for Q2 2026.
Cash & Balance Sheet
Inland Real EST Inc TR generated $7.2M in free cash flow in Q2 2026, representing cash available after capex. This represents a decrease of 39.8% from the same quarter a year earlier. Against the prior quarter it is down 8.7%.
Inland Real EST Inc TR held $10.8M in cash against $806.4M in long-term debt as of Q2 2026.
Inland Real EST Inc TR paid $0.14 per share in dividends in Q2 2026. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.
Margins & Returns
Inland Real EST Inc TR's net profit margin was 2.8% in Q2 2026, showing the share of revenue converted to profit. This is up 8.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 8.6 percentage points.
Inland Real EST Inc TR's quarterly ROE was 0.3% in Q2 2026: one quarter's net income over shareholder equity, not annualized. This is up 1.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.0 percentage points.
Not reported for Q2 2026.
Not reported for Q2 2026.
Capital Allocation
Inland Real EST Inc TR invested $6.6M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 127.6% from the same quarter a year earlier. Against the prior quarter it is up 125.9%.
Not reported for Q2 2026.
Not reported for Q2 2026.
INRE Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $37.8M-0.7% | $38.9M+0.3% | $38.7M+2.0% | $38.0M+1.7% | $38.1M+1.7% | $38.8M+3.6% | $37.9M-1.5% | $37.3M+2.5% |
| SG&A Expenses | $1.4M+2.1% | $1.3M-31.2% | $3.5M+134.6% | $1.3M-5.3% | $1.4M-2.6% | $1.9M+24.6% | $1.5M+15.0% | $1.3M+14.0% |
| Interest Expense | $10.0M+2.5% | $9.9M+1.7% | $9.8M-2.9% | $9.8M-5.6% | $9.8M-5.7% | $9.7M-6.7% | $10.1M-4.3% | $10.4M-3.0% |
| Net Income | $1.1Mn/m | -$2.2Mn/m | -$4.3Mn/m | -$2.0Mn/m | -$2.2Mn/m | -$2.6Mn/m | -$5.2Mn/m | -$3.2Mn/m |
| EPS (Basic) | $0.03n/m | -$0.06n/m | -$0.12n/m | -$0.05n/m | -$0.06n/m | -$0.07n/m | -$0.14n/m | -$0.09n/m |
| EPS (Diluted) | $0.03n/m | -$0.06n/m | -$0.12n/m | -$0.05n/m | -$0.06n/m | -$0.07n/m | -$0.14n/m | -$0.09n/m |
| Diluted Shares (Avg) | 36M-0.1% | 36M0.0% | N/A | 36M0.0% | 36M-0.1% | 36M-0.1% | N/A | 36M-0.2% |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, EBITDA, Income Tax.
INRE Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.2B-4.6% | $1.2B-3.0% | $1.2B-3.6% | $1.3B-3.7% | $1.3B-4.6% | $1.3B-4.5% | $1.3B-3.7% | $1.3B-4.9% |
| Cash & Equivalents | $10.8M-9.5% | $9.2M+14.6% | $8.0M+23.9% | $11.5M+5.4% | $12.0M+11.7% | $8.1M+4.4% | $6.4M+7.4% | $10.9M+17.7% |
| Total Liabilities | $888.8M-3.3% | $918.9M-0.2% | $922.6M-0.3% | $918.1M-1.2% | $919.6M-1.1% | $920.7M-1.2% | $925.4M-1.1% | $929.1M-0.9% |
| Long-Term Debt | $806.4M-3.2% | $836.1M0.0% | $837.5M+0.2% | $829.4M-0.7% | $833.2M-0.9% | $836.0M-0.7% | $835.7M-1.0% | $835.5M-1.0% |
| Total Equity | $318.5M-8.0% | $320.0M-10.3% | $325.4M-11.9% | $337.0M-9.9% | $346.3M-12.7% | $356.6M-12.1% | $369.4M-9.5% | $374.0M-13.4% |
Not reported in any period shown, so not listed: Current Assets, Short-Term Investments, Inventory, Accounts Receivable, Long-Term Investments, Goodwill, Current Liabilities, Non-Current Liabilities, Retained Earnings.
INRE Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $13.8M-7.0% | $10.8M-8.7% | $3.5M-18.3% | $12.6M-4.8% | $14.8M+6.5% | $11.8M-0.6% | $4.3M-13.4% | $13.2M+39.7% |
| Depreciation & Amortization | $15.4M+7.9% | $14.3M-1.2% | $14.2M-16.6% | $14.3M-2.1% | $14.3M-2.2% | $14.5M-0.6% | $17.0M+14.7% | $14.6M+0.5% |
| Capital Expenditures | $6.6M+127.6% | $2.9M-43.4% | $9.9M+157.4% | $4.0M+34.6% | $2.9M-25.8% | $5.2M+64.5% | $3.9M+16.1% | $3.0M-14.8% |
| Free Cash Flow | $7.2M-39.8% | $7.8M+18.5% | -$6.4M-1412.3% | $8.5M-16.4% | $11.9M+19.2% | $6.6M-24.1% | $486K-71.3% | $10.2M+72.0% |
| Investing Cash Flow | $23.7Mn/m | -$2.9Mn/m | -$9.9Mn/m | -$4.0Mn/m | -$2.9Mn/m | -$5.2Mn/m | -$3.9Mn/m | -$3.0Mn/m |
| Financing Cash Flow | -$35.9Mn/m | -$6.6Mn/m | $2.8Mn/m | -$9.0Mn/m | -$8.0Mn/m | -$5.0Mn/m | -$5.0Mn/m | -$10.0Mn/m |
| Dividends Paid | $4.9M0.0% | $4.9M0.0% | $4.9M+0.1% | $4.9M-0.1% | $4.9M-0.1% | $4.9M-0.1% | $4.9M-0.2% | $4.9M-0.2% |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | $0-100.0% | $1.6M+1.9% |
Not reported in any period shown, so not listed: Stock-Based Compensation.
INRE Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Net Margin | 2.8%+8.5pp | -5.8%+0.9pp | -11.2%+2.6pp | -5.2%+3.4pp | -5.7%+2.9pp | -6.7%+2.2pp | -13.8%-3.8pp | -8.6%+1.6pp |
| Return on Equity | 0.3%+1.0pp | -0.7%0.0pp | -1.3%+0.1pp | -0.6%+0.3pp | -0.6%+0.2pp | -0.7%+0.1pp | -1.4%-0.5pp | -0.9%0.0pp |
| Return on Assets | 0.1%+0.3pp | -0.2%0.0pp | -0.4%+0.1pp | -0.2%+0.1pp | -0.2%+0.1pp | -0.2%+0.1pp | -0.4%-0.1pp | -0.3%0.0pp |
| Debt-to-Equity | 2.53+0.1x | 2.61+0.3x | 2.57+0.3x | 2.46+0.2x | 2.41+0.3x | 2.34+0.3x | 2.26+0.2x | 2.23+0.3x |
| Liabilities-to-Equity | 2.79+0.1x | 2.87+0.3x | 2.84+0.3x | 2.72+0.2x | 2.66+0.3x | 2.58+0.3x | 2.50+0.2x | 2.48+0.3x |
| Asset Turnover | 0.030.0x | 0.030.0x | 0.030.0x | 0.030.0x | 0.030.0x | 0.030.0x | 0.030.0x | 0.030.0x |
| FCF Margin | 18.9%-12.3pp | 20.2%+3.1pp | -16.5%-17.8pp | 22.4%-4.9pp | 31.2%+4.6pp | 17.1%-6.2pp | 1.3%-3.1pp | 27.3%+11.0pp |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio.
Where Inland Real EST Inc TR Ranks
Frequently Asked Questions
Inland Real EST Inc TR (INRE) reported $153.6M in total revenue for fiscal year 2025. This represents a 2.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Inland Real EST Inc TR (INRE) revenue grew by 2.2% year-over-year, from $150.2M to $153.6M in fiscal year 2025.
No, Inland Real EST Inc TR (INRE) reported a net loss of $7.5M over the trailing 12 months to June 30, 2026. In fiscal year 2025 it reported a net loss of $11.0M, with a net profit margin of -7.2%.
As of fiscal year 2025, Inland Real EST Inc TR (INRE) had $8.0M in cash and equivalents against $837.5M in long-term debt.
Inland Real EST Inc TR (INRE) had a net profit margin of -7.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Yes, Inland Real EST Inc TR (INRE) paid $0.54 per share in dividends during fiscal year 2025.
Inland Real EST Inc TR (INRE) has a return on equity of -3.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
Inland Real EST Inc TR (INRE) generated $20.7M in free cash flow during fiscal year 2025. This represents a -29.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
Inland Real EST Inc TR (INRE) generated $42.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
Inland Real EST Inc TR (INRE) had $1.2B in total assets as of fiscal year 2025, including both current and long-term assets.
Inland Real EST Inc TR (INRE) invested $22.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
Inland Real EST Inc TR (INRE) had a debt-to-equity ratio of 2.57 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
Inland Real EST Inc TR (INRE) had a liabilities-to-equity ratio of 2.84 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
Inland Real EST Inc TR (INRE) had a return on assets of -0.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Inland Real EST Inc TR (INRE) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $372.0M as of Nov 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Inland Real EST Inc TR (INRE) trades at 2.4x sales, its market capitalization divided by $153.4M revenue, trailing 12 months to June 30, 2026. The market capitalization is $372.0M as of Nov 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Inland Real EST Inc TR (INRE) has a Piotroski F-Score of 4 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Inland Real EST Inc TR (INRE) reported a net loss of $11.0M while generating $42.7M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.