Here are the 10-Q quarterly reports from Plymouth Industrial REIT, Inc. (PLYM) in our archive since June 2025, 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 PLYM 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 PLYM filings page.
Plymouth Industrial REIT (PLYM) reported a wider quarterly loss alongside significant portfolio growth. For Q3, total revenues were $51.2 million versus $51.9 million a year ago, while net loss widened to $52.5 million. Loss drivers included a $41.4 million loss on a financing transaction, $7.4 million loss in unconsolidated joint ventures, and $2.8 million of merger transaction expenses. Net loss per share was $(1.23) versus $(0.35) last year.
The balance sheet expanded with new acquisitions. Total assets rose to $1.57 billion from $1.37 billion at year‑end, with real estate, net at $1.38 billion. During the nine months, the company acquired 19 properties totaling 2.85 million square feet for $269.7 million and sold one Memphis asset for approximately $2.4 million. As of September 30, Plymouth owned 148 properties (226 buildings) totaling about 32.1 million square feet.
Liquidity and capital. Operating cash flow was $59.0 million year‑to‑date. Borrowings under the unsecured line of credit were $221.9 million, and unsecured term loans remained $450.0 million. The company raised $79.0 million via Series C Preferred Units and repurchased common stock. Management reported compliance with debt covenants.