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Rexford Industrial Realty (REXR) Q2 2026 earnings results (second quarter 2026)

10-Q filed Jul 28, 2026

Rexford Industrial Realty (REXR) reported revenue of $246M for the second quarter 2026 (Q2 2026), -2% from a year earlier and +0.2% from the quarter before. Operating margin was 41.6%, net loss $524M (213.4% of revenue).

Revenue$246M
Year over year-2%
Quarter over quarter+0.2%
Operating margin41.6%
Net earnings−$524M

Rexford Industrial Realty, Q2 2026: revenue $246M (-2% year over year), operating margin 41.6%, net loss $524M, operating cash flow $107M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$246M+0.2%-2%
Operating profit$102M+2%-1%
Net earnings−$524M-674%-550%
Operating cash flow$107M-24%-17%
Free cash flow$58.7M-25%+31%

What changed

Revenue was $245.5M in Q2 2026, down 2% year over year and roughly flat from the previous quarter.

Operating profit was $102.1M, a 41.6% margin (up 0.2 points year over year). Total costs fell 2% while revenue fell 2%. The quarter ended with a net loss of $523.8M, after a profit of $94.6M the previous quarter. Minority interests bore $19.7M of it: to shareholders the quarter was a loss of $504.1M. Net interest and other expense of $625.9M was the main reason.

Operating cash flow was $106.8M (down 17% year over year). Non-cash charges added back $73.5M of depreciation and amortization and $778K of share-based compensation. Working capital and other items added $556.3M. Capital expenditures of $48.1M left free cash flow of $58.7M.

Questions

What was Rexford Industrial Realty's revenue in the second quarter 2026?

Rexford Industrial Realty (REXR) reported revenue of $246M for the second quarter 2026 (Q2 2026), -2% from a year earlier and +0.2% from the quarter before.

Was Rexford Industrial Realty profitable in the second quarter 2026?

Operating profit was $102M (41.6% of revenue) and net loss $524M.

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Source: Rexford Industrial Realty 10-Q on SEC EDGAR.