Filing Flows › Hines Global Income Trust (HGIT) › Q2 2026 › vs Q2 2025
Hines Global Income Trust (HGIT) Q2 2026 vs Q2 2025 (year over year)
Hines Global Income Trust's revenue rose $28.7M (+28%) from $101M in Q2 2025 to $130M in Q2 2026. The biggest changes: Retail Investments +$13.0M (+120%); Residential/Living Investments +$8.1M (+26%); Industrial Investments +$4.6M (+15%).
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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Free cash flow margin | 17.5% | -10.0% | +27.6 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Residential/Living Investments | $39.0M | $30.9M | $8.1M | +26% |
| Industrial Investments | $34.7M | $30.1M | $4.6M | +15% |
| Office Real Estate Investments | $23.9M | $20.2M | $3.7M | +18% |
| Retail Investments | $23.8M | $10.8M | $13.0M | +120% |
| Other Investment | $8.4M | $9.2M | −$814K | -9% |
| Revenue | $130M | $101M | $28.7M | +28% |
| Net loss | $9.5M | $26.3M | −$16.8M | -64% |
| Costs & expenses | $139M | $128M | $11.3M | +9% |
| Operating costs | $123M | $94.8M | $28.3M | +30% |
| Interest & other, net | $16.2M | $33.2M | −$17.0M | -51% |
| Income tax | $13K | −$608K | $621K | — |
| Cost of revenue | $50.9M | $35.9M | $15.0M | +42% |
| General & admin | $2.2M | $1.4M | $755K | +53% |
| Other operating costs | $70.1M | $57.5M | $12.6M | +22% |
| Operating cash sources | $51.0M | $35.7M | $15.2M | +43% |
| Depreciation & amortization | $51.0M | $35.7M | $15.2M | +43% |
| Net loss absorbed | $9.5M | $26.3M | −$16.8M | -64% |
| Working capital & other | $8.1M | $1.1M | $7.0M | +636% |
| Operating cash flow | $33.4M | $8.4M | $25.0M | +298% |
| Free cash flow (OCF − capex) | $22.7M | −$10.2M | $32.9M | — |
| Capital expenditures | $10.7M | $18.5M | −$7.9M | -43% |
Questions
How much did Hines Global Income Trust's revenue grow year over year in Q2 2026?
Hines Global Income Trust's revenue rose $28.7M (+28%) from $101M in Q2 2025 to $130M in Q2 2026.
What drove Hines Global Income Trust's revenue change in Q2 2026?
Retail Investments +$13.0M (+120%); Residential/Living Investments +$8.1M (+26%); Industrial Investments +$4.6M (+15%).