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Industrial Logistics Properties Trust 10-Q Filings

ILPT NASDAQ

Every 10-Q that Industrial Logistics Properties Trust (ILPT) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow ILPT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ILPT filings page.

Rhea-AI Summary

Industrial Logistics Properties Trust generated rental income of $114,123 for Q2 2026 and $230,542 year to date, with portfolio occupancy at 99.1%. Despite strong leasing, it reported a net loss attributable to common shareholders of $14,463 in Q2, or $0.22 per share, and $23,890 for the first half.

Non-GAAP performance improved, with Q2 NOI of $88,596 and Normalized FFO of $20,807 ($0.31 per share), and $178,903 and $42,790, respectively, for six months. The company carries $4,221,000 of fixed-rate mortgage debt and refinanced a $1,400,000 floating-rate joint-venture loan with a $1,620,000, 5.71% fixed-rate facility, recording a $3,830 loss on extinguishment of debt. Cash and restricted cash totaled $181,813, and $0.10 per share in distributions was paid in the first half, with an additional $0.10 per share declared for August 2026. Hawaii properties contributed 28.8% of annualized rent, while FedEx and Amazon accounted for 27.8% and 7.4% of annualized rental revenues.

Rhea-AI Summary

Industrial Logistics Properties Trust reported first-quarter 2026 results showing improved earnings but continued losses. Rental income rose to $116.4 million from $111.9 million, while net loss attributable to common shareholders narrowed to $9.4 million, or $(0.14) per share, from $(0.33) per share a year earlier.

Same-property net operating income increased to $90.3 million, supported by 94.6% portfolio occupancy and higher average rents of $8.26 per square foot. Normalized funds from operations attributable to common shareholders climbed to $22.0 million, or $0.33 per share, aided by lower interest expense after refinancing prior floating-rate debt.

ILPT ended the quarter with $185.8 million of cash and restricted cash and $4.21 billion of debt, largely mortgage loans. Its Mountain joint venture priced a new $1.62 billion five-year fixed-rate mortgage expected to repay a large floating-rate facility and other amortizing loans, extending debt maturities and locking in interest costs.

Rhea-AI Summary

Industrial Logistics Properties Trust (ILPT) reported Q3 2025 results. Rental income was $110,936, up from $108,945 a year ago, while net loss attributable to common shareholders narrowed to $21,565 from $24,990, or $0.33 per share versus $0.38. Interest expense declined to $63,470 for the quarter, helped by debt actions earlier in the year. The company recorded a $6,081 impairment tied to a held-for-sale property.

For the nine months, rental income reached $334,938 and net loss attributable to common shareholders improved to $64,407. ILPT refinanced its capital structure by replacing a $1,235,000 floating-rate loan with a $1,160,000 fixed-rate, interest-only mortgage at 6.40%, recognizing a $5,070 loss on extinguishment. The portfolio comprised 411 properties totaling 59,890,000 square feet with 94.1% occupancy. Hawaii represented 27.9% of annualized rental revenues; FedEx and Amazon accounted for 28.3% and 6.8%, respectively. ILPT declared a $0.05 per share distribution on October 9, 2025.