First Industrial Realty Trust (FR) earnings

FIRST INDUSTRIAL REALTY TRUST INC· Real Estate

Results to: Jun 2026
Latest analysed call: Sep 2026 (Q3 FY26)
Balance sheet to: Dec 2025

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First Industrial Realty Trust earnings: last reported Thu, 22 Oct 2026, for the quarter ended Sep 2026.

Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

Metric	Value	Change	Basis	Period	Note
Revenue	195 $ million	+8.2% YoY	Quarterly, as filed	Quarter to Jun 2026	Revenue from operations as filed.
Operating margin	Unavailable	—	Operating profit / revenue	Quarter to Jun 2026	Not in the filed figures for the quarter to jun 2026. No older figure is substituted.
Net profit	77.1 $ million	+39.7% YoY	Quarterly, as filed	Quarter to Jun 2026	Profit after tax as filed.

Source: Inve data from filed results (SEC filings) · to Jun 2026

Price

$54.44 −1.54% · −$0.85

Last close Oct 23, 2026 · US · USD · Source: Inve

Performance −2.2% 1Y

1Y: $55.65 on 22 Oct 2025 → $54.44. High $68.86 (17 Jul 2026), low $54.44 (23 Oct 2026).

Previous close: $55.29
52-week range: $54.44 – $68.86
One year: −2.30%

Overview

Symbol: FR
Sector: Real Estate
Exchange: US
Currency: USD

Financials

What the filings say

Net profit, year on year: +40% (quarter to jun 2026 against jun 2025).

In $ million. Oldest period first.

Line item	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	168	176	177	180	181	188	195	195
Expenses	98	102	108	101	101	109	127	107
Other income	35	-3	-14	-22	-14	-14	84	-9
Profit before tax	105	70	55	57	67	65	152	78
Tax rate	3.1%	1.7%	10.7%	0.1%	0.3%	14.0%	2.6%	−1.5%
Net profit	99	68	48	55	65	79	143	77
EPS ($ per share)	0.75	—	0.36	0.42	0.49	—	1.08	0.58

Source: Inve data · income statement, quarterly · to Jun 2026

In $ million. Oldest period first.

Line item	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Equity capital	1	1	1	1	1	1	1	1
Reserves	—	—	—	—	23	128	219	231
Total liabilities	1,463	1,721	1,845	1,931	2,424	2,541	2,515	2,929
Total assets	3,143	3,519	3,792	4,179	4,954	5,176	5,261	5,688

Source: Inve data · balance sheet · to Dec 2025

In $ million. Oldest period first.

Line item	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Cash from operations	210	246	240	267	411	305	352	461
Cash from investing	-223	-205	-252	-417	-629	-378	-132	-524
Cash from financing	17	62	58	9	305	-28	-213	89
Capital expenditure	-158	-153	-220	-353	-305	-131	-74	-346
Free cash flow	53	93	20	-86	106	174	279	115

Source: Inve data · cash flow · to Dec 2025

FR operating KPIs by quarter

FR operating KPIs stated on its earnings calls, by fiscal quarter
KPI	Mar 2026 Q1 FY26	Jun 2026 Q2 FY26	Sep 2026 Q3 FY26	Change vs prior quarter
Occupancy rate In-service	94.3% From a portfolio standpoint, our in-service occupancy at quarter end was 94.3%, in line with our expectations. Source: earnings call transcript	94.9% We ended the quarter with in-service occupancy of 94.9% and up 60 basis points from the first quarter, primarily driven by the 708,000 square foot PA lease. Source: earnings call transcript	94.1% We ended the quarter with in-service occupancy of 94.1%, which exceeded the 93.5% forecast we telegraphed on our second quarter earnings call. Source: earnings call transcript	-0.8 pt
Square feet Leases commenced	~2.4M sq ft Summarizing our leasing activity during the quarter, approximately 2.4 million square feet of leases commenced. Source: earnings call transcript	~2.6M sq ft Summarizing our leasing activity during the second quarter, approximately 2.6 million square feet of leases commenced. Source: earnings call transcript	~2.3M sq ft To summarize our leasing activity during the third quarter, approximately 2.3 million square feet of leases commenced. Source: earnings call transcript	—

Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.

Insider filings

7 filings between Dec 17, 2025 and Jul 27, 2026.

Open market

decisions to buy or sell

Purchases

None

No insider bought shares.

Sales

$39.7K

2 sales by 1 insider

Compensation

not trading decisions

1: Award — granted as compensation

Also filed: 2 gifts, 2 other filings.

Who traded

open market only

Insider	Bought	Sold	Last filing
YAP JOHANNSON L	—	$39.7K	Dec 17, 2025

Latest filings (13)

Date	Insider	What	Shares	Value
Jul 27, 2026	MUSIL SCOTT A Chief Financial Officer	Other	2,175	$0
Apr 30, 2026	DOMINSKI MATTHEW Director	Award	2,419	$0
Feb 19, 2026	Schultz Peter EVP - East Region	Gift	100	—
Feb 19, 2026	Schultz Peter EVP - East Region	Gift	100	—
Dec 17, 2025	MUSIL SCOTT A Chief Financial Officer	Other	65,023	$0
Dec 17, 2025	YAP JOHANNSON L Chief Investment Officer	Sale	340	$19.9K
Dec 17, 2025	YAP JOHANNSON L Chief Investment Officer	Sale	340	$19.8K
Apr 30, 2025	DOMINSKI MATTHEW Director	Award	2,522	$0
Dec 17, 2024	Matthews Rice Jennifer General Counsel	Gift	425	—
Dec 16, 2024	Schultz Peter EVP - East Region	Gift	100	—
Sep 11, 2024	YAP JOHANNSON L Chief Investment Officer	Gift	54	—
Sep 10, 2024	YAP JOHANNSON L Chief Investment Officer	Gift	54	—
Sep 5, 2024	MUSIL SCOTT A Chief Financial Officer	Gift	325	—

Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.

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