Filing Flows › Inland Real Estate Income Trust (INRE) › Q1 2026
Inland Real Estate Income Trust (INRE) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
Inland Real Estate Income Trust (INRE) reported revenue of $38.9M for the first quarter 2026 (Q1 2026), +0.3% from a year earlier and +0.6% from the quarter before. Operating margin was 19.6%, net loss $2.2M (5.8% of revenue).
Inland Real Estate Income Trust, Q1 2026: revenue $38.9M (+0.3% year over year), operating margin 19.6%, net loss $2.2M, operating cash flow $10.8M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $38.9M | +0.6% | +0.3% |
| Operating profit | $7.6M | +47% | +7% |
| Net earnings | −$2.2M | — | — |
| Operating cash flow | $10.8M | +204% | -9% |
| Free cash flow | $7.8M | — | +18% |
What changed
Revenue was $38.9M in Q1 2026, roughly flat year over year and up 1% from the previous quarter.
Operating profit was $7.6M, a 19.6% margin (up 1.3 points year over year). Of the extra revenue versus Q1 2025, 496% reached operating profit, above the 18% margin then. Total costs fell 1% while revenue was flat. The quarter ended with a net loss of $2.2M, narrower than the previous quarter's $4.3M loss. Net interest and other expense of $9.9M was the main reason.
Operating cash flow was $10.8M (down 9% year over year). Non-cash charges added back $14.3M of depreciation and amortization. Working capital and other items used $1.3M. Capital expenditures of $2.9M left free cash flow of $7.8M.
Questions
What was Inland Real Estate Income Trust's revenue in the first quarter 2026?
Inland Real Estate Income Trust (INRE) reported revenue of $38.9M for the first quarter 2026 (Q1 2026), +0.3% from a year earlier and +0.6% from the quarter before.
Was Inland Real Estate Income Trust profitable in the first quarter 2026?
Operating profit was $7.6M (19.6% of revenue) and net loss $2.2M.