Terreno Realty Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Property Revenue	490.4	476.38	382.62	323.59	276.21	221.93
Revenue	490.4	476.38	382.62	323.59	276.21	221.93
Revenue Growth (YoY)	20.19%	24.50%	18.24%	17.15%	24.46%	18.75%
Property Expenses	118.13	115.1	98.09	79.09	68.9	56.25
Total Property Expenses	118.13	115.1	98.09	79.09	68.9	56.25
Gross Profit	372.27	361.28	284.53	244.51	207.31	165.68
Selling, General & Admin	47.97	47.27	42.59	37.94	31.19	26.96
Depreciation & Amortization Expenses	124.14	121.58	93.92	73.22	65.76	50.69
Other Operating Expenses	0.38	0.35	0.07	0.22	1.47	0.17
Operating Income	199.79	192.09	147.96	133.13	108.89	87.86
Net Gains on Disposal of Properties	253.81	238.43	45.38	38.16	112.17	16.63
Interest Income	4.62	5.33	12.08	4.96	0.81	0.82
Interest Expense	-33.92	-32.86	-20.92	-24.8	-23.85	-18.05
Total Non-Operating Income (Expense)	224.51	210.91	36.54	18.32	89.13	-0.61
Pretax Income	424.3	402.99	184.5	151.46	198.01	87.25
Net Income	422.39	401.19	183.71	150.75	197.16	86.94
Minority Interest in Earnings	1.91	1.8	0.79	0.71	0.85	0.31
Net Income to Common	422.39	401.19	183.71	150.75	197.16	86.94
Net Income Growth	115.81%	118.39%	21.87%	-23.54%	126.77%	9.51%
Shares Outstanding (Basic)	103	102	96	83	75	71
Shares Outstanding (Diluted)	104	103	96	83	76	71
Shares Change (YoY)	5.09%	7.18%	14.96%	10.30%	6.77%	3.85%
EPS (Basic)	4.10	3.92	1.92	1.81	2.61	1.23
EPS (Diluted)	4.09	3.91	1.92	1.81	2.61	1.23
EPS Growth	105.53%	103.65%	6.08%	-30.65%	112.19%	6.03%
Shares Outstanding	105.72	103.57	99.74	88	76.46	75.07
Free Cash Flow	-634.81	-555.15	-754.69	-463.79	-356.6	-575.31
Free Cash Flow Per Share	-6.12	-5.40	-7.87	-5.56	-4.72	-8.13
Dividends Per Share	2.050	2.020	1.880	1.700	1.480	1.260
Dividend Growth	1.49%	7.45%	10.59%	14.87%	17.46%	12.50%
Gross Margin	75.91%	75.84%	74.36%	75.56%	75.05%	74.66%
Operating Margin	40.74%	40.32%	38.67%	41.14%	39.42%	39.59%
Profit Margin	86.52%	84.59%	48.22%	46.81%	71.69%	39.32%
FCF Margin	-129.45%	-116.53%	-197.24%	-143.33%	-129.10%	-259.23%
EBITDA	323.93	313.67	241.87	206.35	174.65	138.55
EBITDA Margin	66.05%	65.84%	63.21%	63.77%	63.23%	62.43%
EBIT	199.79	192.09	147.96	133.13	108.89	87.86
EBIT Margin	40.74%	40.32%	38.67%	41.14%	39.42%	39.59%

Updated May 6, 2026. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q