Filing Flows › Hines Global Income Trust (HGIT) › Q2 2026 › vs Q1 2026
Hines Global Income Trust (HGIT) Q2 2026 vs Q1 2026 (quarter over quarter)
Hines Global Income Trust's revenue fell $3.0M (-2%) from $133M in Q1 2026 to $130M in Q2 2026. The biggest changes: Retail Investments −$1.4M (-6%); Office Real Estate Investments −$1.1M (-4%); Residential/Living Investments −$666K (-2%).
Hines Global Income Trust, Q2 2026: revenue $130M (+28% year over year), operating margin 5.1%, net loss $9.5M, operating cash flow $33.4M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Free cash flow margin | 17.5% | -31.8% | +49.3 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Residential/Living Investments | $39.0M | $39.6M | −$666K | -2% |
| Industrial Investments | $34.7M | $35.0M | −$282K | -0.8% |
| Office Real Estate Investments | $23.9M | $25.0M | −$1.1M | -4% |
| Retail Investments | $23.8M | $25.3M | −$1.4M | -6% |
| Other Investment | $8.4M | $8.0M | $415K | +5% |
| Revenue | $130M | $133M | −$3.0M | -2% |
| Net loss | $9.5M | −$39.8M | $49.3M | — |
| Costs & expenses | $139M | $165M | −$26.0M | -16% |
| Operating costs | $123M | $125M | −$2.3M | -2% |
| Interest & other, net | $16.2M | −$32.5M | $48.7M | — |
| Income tax | $13K | $174K | −$161K | -93% |
| Cost of revenue | $50.9M | $51.2M | −$330K | -0.6% |
| General & admin | $2.2M | $1.9M | $304K | +16% |
| Other operating costs | $70.1M | $72.3M | −$2.2M | -3% |
| Operating cash sources | $51.0M | $55.2M | −$4.2M | -8% |
| Depreciation & amortization | $51.0M | $55.2M | −$4.2M | -8% |
| Net loss absorbed | $9.5M | −$39.8M | $49.3M | — |
| Working capital & other | $8.1M | $120M | −$112M | -93% |
| Operating cash flow | $33.4M | −$24.9M | $58.3M | — |
| Free cash flow (OCF − capex) | $22.7M | −$42.3M | $65.0M | — |
| Capital expenditures | $10.7M | $17.4M | −$6.8M | -39% |
Questions
How much did Hines Global Income Trust's revenue grow quarter over quarter in Q2 2026?
Hines Global Income Trust's revenue fell $3.0M (-2%) from $133M in Q1 2026 to $130M in Q2 2026.
What drove Hines Global Income Trust's revenue change in Q2 2026?
Retail Investments −$1.4M (-6%); Office Real Estate Investments −$1.1M (-4%); Residential/Living Investments −$666K (-2%).