Q2 FY2026 EarningsFY26 Q2 results were mixed with a top-line beat but significant GAAP bottom-line miss due to non-cash impairments. Total revenue of $245.5M exceeded the $241.3M consensus (+1.74%), while Core FFO remained stable. However, a massive $624.8M real estate impairment charge related to portfolio repositioning led to a GAAP net loss of $506.9M and EPS of -$2.26, missing the $0.30 profit expected. Management maintained active capital recycling with $137.9M in Q2 dispositions and authorized a new $1.0B share repurchase program.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: Rexford Industrial Realty(REXR) the Revenue is 245.51 M (-1.6%), Beat estimate;the EBIT is 102.12 M (-1.11%), Beat estimate;the EPS is -2.26 (-570.8%), Miss estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueExceed expectations
0.25B1.60%
0.24B3.28%
+0.00B1.68%
EBITExceed expectations
0.10B1.11%
0.10B6.94%
+0.01B5.83%
EPSMiss expectations
-2.26570.83%
0.300837.33%
-2.5608533.50%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf