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Terreno Realty (TRNO) operating margin by quarter

Terreno Realty's operating margin was 42.2% in Q3 2026 (third quarter 2026), +0.4 pts from Q2 2026. Over the last 7 quarters it ranged from 38.9% (Q1 2025) to 42.2% (Q3 2026).

Terreno Realty operating margin by quarterTerreno Realty operating margin by quarter38.9%Q1 202539.0%Q2 202541.3%Q3 202541.8%Q4 202540.7%Q1 202641.8%Q2 202642.2%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202642.2%+0.4 pts+0.9 pts
Q2 202641.8%+1.0 pts+2.8 pts
Q1 202640.7%-1.0 pts+1.8 pts
Q4 202541.8%+0.5 pts—
Q3 202541.3%+2.3 pts—
Q2 202539.0%+0.0 pts—
Q1 202538.9%——

Q3 2026 at a glance

Terreno Realty, Q3 2026: revenue $132M (+14% year over year), operating margin 42.2%, net earnings $68.1M, operating cash flow $81.2M. The chart follows the revenue to costs, profit and cash.

Questions

What is Terreno Realty's operating margin?

Terreno Realty's operating margin was 42.2% in Q3 2026 (third quarter 2026), +0.4 pts from Q2 2026.

How has Terreno Realty's operating margin changed?

Over the last 7 quarters it ranged from 38.9% (Q1 2025) to 42.2% (Q3 2026).

Q3 2026 results → · How Terreno Realty makes money →