Filing Flows › Terreno Realty (TRNO) › Q3 2026 › vs Q3 2025
Terreno Realty (TRNO) Q3 2026 vs Q3 2025 (year over year)
Terreno Realty's revenue rose $16.0M (+14%) from $116M in Q3 2025 to $132M in Q3 2026. Operating margin 42.2% against 41.3% (+0.9 pts).
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 draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 42.2% | 41.3% | +0.9 pts |
| Net margin | 51.5% | 88.9% | -37.4 pts |
| Free cash flow margin | 40.9% | 54.7% | -13.8 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $132M | $116M | $16.0M | +14% |
| Other income, net | $12.3M | $55.4M | −$43.1M | -78% |
| Operating profit | $55.8M | $48.0M | $7.8M | +16% |
| Costs & expenses | $76.4M | $68.3M | $8.2M | +12% |
| Pre-tax earnings | $68.1M | $103M | −$35.3M | -34% |
| General & admin | $12.0M | $11.6M | $463K | +4% |
| Other operating costs | $64.4M | $56.7M | $7.7M | +14% |
| Net earnings | $68.1M | $103M | −$35.3M | -34% |
| Depreciation & amortization | $30.5M | $28.4M | $2.2M | +8% |
| Share-based compensation | $4.6M | $4.3M | $364K | +9% |
| Working capital & other | $22.1M | $56.5M | −$34.4M | -61% |
| Operating cash flow | $81.2M | $79.5M | $1.7M | +2% |
| Free cash flow (OCF − capex) | $54.1M | $63.6M | −$9.6M | -15% |
| Capital expenditures | $27.2M | $15.9M | $11.2M | +71% |
Questions
How much did Terreno Realty's revenue grow year over year in Q3 2026?
Terreno Realty's revenue rose $16.0M (+14%) from $116M in Q3 2025 to $132M in Q3 2026. Operating margin 42.2% against 41.3% (+0.9 pts).