Terreno Realty Reit Corp (TRNO) financials
Terreno Realty Reit revenue and earnings by year
Terreno Realty Reit's revenue was $476 million in the fiscal year to December 31, 2025, up 24.5% from the year before. Net income was $403 million, 84.6% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 17.9% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 476 | 383 | 324 | 276 | 222 | 187 | 171 | 152 | 132 | 108 |
| Revenue growth | 24.5% | 18.2% | 17.2% | 24.5% | 18.8% | 9.3% | 12.8% | 14.5% | 22.2% | — |
| Operating income | 192 | 148 | 133 | 109 | 88 | 68 | 59 | 49 | 39 | 21 |
| Operating margin | 40.3% | 38.7% | 41.1% | 39.4% | 39.6% | 36.5% | 34.4% | 32.5% | 29.5% | 19.6% |
| Net income | 403 | 184 | 151 | 198 | 87 | 80 | 56 | 63 | 53 | 15 |
| Net margin | 84.6% | 48.2% | 46.8% | 71.7% | 39.3% | 42.7% | 32.5% | 41.7% | 40.3% | 14.0% |
| Diluted EPS | $3.91 | $1.92 | $1.81 | $2.61 | $1.23 | $1.16 | $0.85 | $1.08 | $0.94 | $0.26 |
| Free cash flow | -555 | -755 | -464 | -357 | -575 | -38 | -204 | -183 | -255 | -122 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open TRNO in Markets.
See also: TRNO valuation and P/E history · TRNO returns
No forecast, no recommendation. This page describes Terreno Realty Reit Corp from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.