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Inland Real Estate Income Trust vs TPG RE Finance Trust: INRE and TRTX compared
Inland Real Estate Income Trust is the larger company: $38.4M of revenue in its latest quarter (Q3 2026) against $35.9M for TPG RE Finance Trust (Q3 2026). Inland Real Estate Income Trust is growing faster (+1% against -5% a year earlier). TPG RE Finance Trust is more profitable, with an operating margin of 26.4% against 22.9%.
Where the money goes: INRE and TRTX
Inland Real Estate Income Trust (INRE) · Q3 2026
Inland Real Estate Income Trust, Q3 2026: revenue $38.4M (+1% year over year), operating margin 22.9%, net loss $859K, operating cash flow $15.3M. The chart follows the revenue to costs, profit and cash.
TPG RE Finance Trust (TRTX) · Q3 2026
TPG RE Finance Trust, Q3 2026: revenue $35.9M (-5% year over year), operating margin 26.4%, net earnings $9.4M, operating cash flow $14.4M. The chart follows the revenue to costs, profit and cash.
| Inland Real Estate Income Trust (INRE) | TPG RE Finance Trust (TRTX) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $38.4M | $35.9M |
| Revenue growth, Y/Y | +1% | -5% |
| Operating margin | 22.9% | 26.4% |
| Net earnings | −$859K | $9.4M |
| Net margin | -2.2% | 26.1% |
| Operating cash flow | $15.3M | $14.4M |
| Free cash flow | $11.4M | $12.2M |
Where the revenue comes from
TPG RE Finance Trust
- Net interest income: $26.7M (74%)
- Noninterest income: $9.2M (26%)
Questions
Which is bigger, Inland Real Estate Income Trust or TPG RE Finance Trust?
Inland Real Estate Income Trust is the larger company: $38.4M of revenue in its latest quarter (Q3 2026) against $35.9M for TPG RE Finance Trust (Q3 2026).
Is Inland Real Estate Income Trust or TPG RE Finance Trust growing faster?
Inland Real Estate Income Trust is growing faster (+1% against -5% a year earlier).
Which is more profitable, Inland Real Estate Income Trust or TPG RE Finance Trust?
TPG RE Finance Trust is more profitable, with an operating margin of 26.4% against 22.9%.
More: Inland Real Estate Income Trust earnings · how Inland Real Estate Income Trust makes money · TPG RE Finance Trust earnings · how TPG RE Finance Trust makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 6, 2026; 10-Q filed Oct 26, 2026). Fiscal quarters can end on different dates. Not investment advice.