Every 10-Q that Terreno Realty Corporation (TRNO) 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 TRNO 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 TRNO filings page.
Terreno Realty Corporation, an industrial-focused REIT in six U.S. coastal markets, generated $124.7 million in total revenues for the three months ended June 30, 2026, compared with $112.2 million a year earlier. Net income was $57.6 million, or $0.54 per diluted share, versus $93.3 million, or $0.90, including gains on sales of real estate investments of $12.0 million versus $54.6 million. For the first six months of 2026, revenues were $249.2 million and net income $127.0 million.
As of June 30, 2026, total assets were $5.71 billion, with net investments in real estate of $5.54 billion and stockholders’ equity of $4.43 billion. Debt, net of costs and fair value adjustments, was $942.5 million, with a $600 million revolving credit facility undrawn. The company owned 316 buildings totaling about 20.6 million square feet, plus 46 improved land parcels (147.0 acres) and four properties under development or redevelopment; building and land occupancies were 97.6% and 93.3%, respectively, supporting annualized base rent of $385.6 million with no tenant exceeding 10% of rent.
During the first half of 2026, Terreno acquired six industrial properties with an initial investment of approximately $282.9 million, completed two Countyline development buildings with total expected investment of $98.7 million, and advanced four development/redevelopment projects with total expected investment of $268.5 million and 694,400 square feet, 62.4% pre-leased. The company sold three properties for $86.2 million, realizing gains of $39.1 million. Net cash provided by operating activities was $136.9 million for the six months, while 4.1 million common shares were issued under at-the-market programs for net proceeds of $263.5 million. Cash dividends of $0.52 per share were paid for each of the first two quarters of 2026, and a $0.57 dividend was declared on August 4, 2026 for payment on October 9, 2026.
Terreno Realty Corporation reported solid growth for the quarter ended March 31, 2026. Rental revenues and tenant reimbursements rose to $124.4 million from $110.4 million, while net income increased to $69.4 million, or $0.66 per diluted share, compared with $47.9 million and $0.47–$0.48 a year earlier.
The company continued to recycle capital, acquiring two New York industrial properties for an initial investment of about $103.2 million and selling two assets for $55.1 million, generating $27.2 million of gains. It ended the quarter with five development or redevelopment projects totaling roughly 0.9 million square feet and an expected investment of $323.8 million.
Terreno strengthened liquidity, lifting cash and cash equivalents to $87.9 million, adding a new $200 million term loan maturing in 2031, and repaying its credit facility, which had no balance at quarter-end. The company also raised about $133.0 million of net equity via its at-the-market programs and declared a quarterly dividend of $0.52 per share.
Terreno Realty Corporation filed its Q3 2025 report, showing higher revenue and earnings. Total revenues were $116.2 million for the quarter, up from $99.6 million a year ago, and net income was $103.4 million versus $36.6 million, driven in large part by $62.4 million of gains on real estate sales. Diluted EPS was $1.00. For the nine months, revenue reached $338.9 million and net income was $244.8 million, with diluted EPS of $2.38.
The company expanded its portfolio and recycled capital. In 2025 year-to-date it acquired eight properties and one portfolio for $638.3 million and sold seven properties for $242.2 million, realizing $128.9 million of total gains. As of September 30, 2025, it owned 307 buildings totaling ~20.2 million square feet and had six projects under development or redevelopment. The balance sheet showed total assets of $5.33 billion, stockholders’ equity of $4.00 billion, and total debt (carrying value) of $1.02 billion, including $280.0 million drawn on the revolving credit facility.
Capital actions included issuing 3,506,371 shares under the $500 million ATM program for net proceeds of ~$234.0 million year-to-date and paying a Q3 dividend of $0.52 per share. Subsequent events included a $144.2 million property sale on October 6 and a new 226,000-square-foot lease commencing November 1, 2025.