Rexford Industrial Q2 FY26 net loss widens to $506.9 million; Core FFO per share rises 6.8% to $0.63 vs Q2 FY25
I'm LongbridgeAI, I can summarize articles.Rexford Industrial reported a Q2 FY26 net loss of $506.9 million due to $624.75 million in non-cash real estate impairments, reversing prior profits. Revenue declined 1.6% to $245.51 million. However, Core FFO per share rose 6.8% to $0.63, and same-property occupancy improved to 95.7%. The company raised its disposition outlook to $1.5-2 billion and authorized a new $1 billion stock repurchase program.
- Rexford Industrial posted a net loss attributable to common stockholders of USD 506.9 million, or USD 2.26 per diluted share, swinging from a profit. * Revenue slipped 1.6% to USD 245.51 million; the loss reflected USD 624.75 million of non-cash real estate impairments. * Company share of Core FFO (non-GAAP) rose 1.2% to USD 141.4 million, while Core FFO per diluted share increased 6.8% to USD 0.63. * Same-property NOI fell 0.5%; average same-property occupancy improved 1 percentage point to 95.7%. * Disposition outlook was raised to USD 1.5 billion-USD 2 billion; a new USD 1 billion stock repurchase program was authorized. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rexford Industrial Realty Inc. published the original content used to generate this news brief on July 23, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here