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Rexford Industrial Realty (REXR) Q3 2026 earnings results (third quarter 2026)

10-Q filed Oct 27, 2026

Rexford Industrial Realty (REXR) reported revenue of $239M for the third quarter 2026 (Q3 2026), -6% from a year earlier and -3% from the quarter before. Operating margin was 39.4%, net earnings $17.4M (7.3% of revenue).

Revenue$239M
Year over year-6%
Quarter over quarter-3%
Operating margin39.4%
Net earnings$17.4M

Rexford Industrial Realty, Q3 2026: revenue $239M (-6% year over year), operating margin 39.4%, net earnings $17.4M, operating cash flow $152M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$239M-3%-6%
Operating profit$94.2M-8%+0.1%
Net earnings$17.4M—-81%
Operating cash flow$152M+42%+1%
Free cash flow$95.7M+63%+58%

What changed

Revenue was $239.1M in Q3 2026, down 6% year over year and down 3% from the previous quarter.

Operating profit was $94.2M, a 39.4% margin (up 2.2 points year over year). Total costs fell 9% while revenue fell 6%. Net earnings were $17.4M, down 81% year over year. The effective tax rate was 0.0%.

Operating cash flow was $151.8M (up 1% year over year), 840% of net income including minority interests. Non-cash charges added back $74.4M of depreciation and amortization and $4.6M of share-based compensation. Working capital and other items added $54.6M. Capital expenditures of $56.0M left free cash flow of $95.7M.

Questions

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

Rexford Industrial Realty (REXR) reported revenue of $239M for the third quarter 2026 (Q3 2026), -6% from a year earlier and -3% from the quarter before.

Was Rexford Industrial Realty profitable in the third quarter 2026?

Operating profit was $94.2M (39.4% of revenue) and net earnings $17.4M.

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