Filing Flows › Terreno Realty (TRNO) › Q2 2026 › vs Q2 2025
Terreno Realty (TRNO) Q2 2026 vs Q2 2025 (year over year)
Terreno Realty's revenue rose $12.5M (+11%) from $112M in Q2 2025 to $125M in Q2 2026. Operating margin 41.8% against 39.0% (+2.8 pts).
Terreno Realty, Q2 2026: revenue $125M (+11% year over year), operating margin 41.8%, net earnings $57.6M, operating cash flow $74.9M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 41.8% | 39.0% | +2.8 pts |
| Net margin | 46.2% | 83.1% | -36.9 pts |
| Free cash flow margin | 43.0% | 41.8% | +1.3 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $125M | $112M | $12.5M | +11% |
| Other income, net | $5.5M | $49.5M | −$44.1M | -89% |
| Operating profit | $52.1M | $43.7M | $8.4M | +19% |
| Costs & expenses | $72.6M | $68.5M | $4.1M | +6% |
| Pre-tax earnings | $57.6M | $93.3M | −$35.7M | -38% |
| General & admin | $13.8M | $12.3M | $1.5M | +12% |
| Other operating costs | $58.8M | $56.2M | $2.6M | +5% |
| Net earnings | $57.6M | $93.3M | −$35.7M | -38% |
| Depreciation & amortization | $29.2M | $28.0M | $1.1M | +4% |
| Share-based compensation | $4.9M | $4.9M | $69K | +1% |
| Working capital & other | $16.7M | $65.5M | −$48.8M | -74% |
| Operating cash flow | $74.9M | $60.6M | $14.3M | +24% |
| Free cash flow (OCF − capex) | $53.7M | $46.9M | $6.8M | +15% |
| Capital expenditures | $21.2M | $13.8M | $7.5M | +54% |
Questions
How much did Terreno Realty's revenue grow year over year in Q2 2026?
Terreno Realty's revenue rose $12.5M (+11%) from $112M in Q2 2025 to $125M in Q2 2026. Operating margin 41.8% against 39.0% (+2.8 pts).