Sep 2026 (Q3 FY26) — Oct 23, 2026
Rexford Industrial Realty Q3 FY26 — Strong Execution, Occupancy Gains, and Portfolio Realignment
Read the full callRexford Industrial Realty earnings: last reported Fri, 23 Oct 2026, for the quarter ended Sep 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 246 | −1.6% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 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 | -504 | −533.4% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Guidance
3 of 3 judged targets kept · 17 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| FY2026 average same-property occupancy guidance | approximately 95% | Dec 2025 | Consistent with that, we raised our average same-property occupancy guidance to a range of 95.3% to 95.7% for the year, up 15 basis points at the midpoint. | Revised Up |
| 16425 Gale development completion timeline | complete in late 2027 | Jun 2026 | We started on new development project, 16425 Gale, which exceeds our return thresholds and will deliver a highly differentiated property to the City of industry submarket featuring best-in-class specifications and demisable cross-dock layout that is unique to the market. The project is expected to be complete in late 2027. | New |
17 of Rexford Industrial Realty, Inc.'s 20 targets are still open. See which are on track and which have gone quiet. The 2 above are the free sample; 18 more targets are in the full ledger.
Claimed
Qualified
Price
1Y: $42.98 on 22 Oct 2025 → $38.71. High $42.98 (22 Oct 2025), low $32.47 (17 Jun 2026).
Overview
Guidance
3 of 3 judged targets kept · 17 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| FY2026 average same-property occupancy guidance | approximately 95% | Dec 2025 | Consistent with that, we raised our average same-property occupancy guidance to a range of 95.3% to 95.7% for the year, up 15 basis points at the midpoint. | Revised Up |
| 16425 Gale development completion timeline | complete in late 2027 | Jun 2026 | We started on new development project, 16425 Gale, which exceeds our return thresholds and will deliver a highly differentiated property to the City of industry submarket featuring best-in-class specifications and demisable cross-dock layout that is unique to the market. The project is expected to be complete in late 2027. | New |
Claimed
Qualified
The full ledger
A free account opens 5 company ledgers a month. All 20 tracked commitments, with each call’s wording and source.
Call summaries
Rexford Industrial Realty Q3 FY26 — Strong Execution, Occupancy Gains, and Portfolio Realignment
Read the full callRexford Industrial Realty, Inc. Q2 FY26 — Strategic Portfolio Realignment and Raised FFO Guidance
Read the full callRexford Industrial Q1 FY26 — Record Leasing Activity and Raised Full-Year Outlook
Read the full callEvery analysed call
Financials
Net profit, year on year: −533% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 242 | 243 | 252 | 250 | 253 | 248 | 245 | 246 |
| Expenses | 145 | 150 | 162 | 146 | 159 | 155 | 145 | 143 |
| Interest | 27 | 28 | 27 | 27 | 25 | 25 | 27 | 29 |
| Net profit | 68 | 62 | 71 | 116 | 90 | -65 | 91 | -504 |
| EPS ($ per share) | 0.30 | — | 0.30 | 0.48 | 0.37 | — | 0.38 | -2.26 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 |
| Total liabilities | 879 | 1,016 | 1,421 | 1,713 | 2,336 | 2,786 | 3,922 | 3,775 |
| Total assets | 2,788 | 3,639 | 4,951 | 6,781 | 9,259 | 10,930 | 12,648 | 12,613 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 103 | 140 | 183 | 231 | 328 | 428 | 479 | 542 |
| Cash from investing | -507 | -973 | -988 | -1,913 | -2,449 | -1,676 | -1,836 | -125 |
| Cash from financing | 578 | 731 | 903 | 1,548 | 2,114 | 1,246 | 1,380 | -307 |
| Capital expenditure | -552 | -991 | -79 | -102 | -135 | -267 | -373 | -333 |
| Free cash flow | -449 | -851 | 104 | 129 | 193 | 161 | 106 | 209 |
| KPI | Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | Sep 2026 Q3 FY26 | Change vs prior quarter |
|---|---|---|---|---|
| Square feet Leases executed | 4.1M sq ftWe set a record for leasing activity, executing 4.1 million square feet of leases, reflecting increased tenant activity and demand for our higher-quality portfolio.Source: earnings call transcript | 2.1M sq ftWe executed 2.1 million square feet, which brings our year-to-date total to 6.2 million square feet, a 2 million square foot improvement compared to the first half of last year.Source: earnings call transcript | 3.7M sq ft+During the quarter, we executed more than 3.7 million square feet of leasing, our second highest quarter of leasing ever.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.
24 filings between Nov 17, 2025 and Jun 13, 2026.
Purchases
$486.8K
3 purchases by 3 insiders
Sales
$4.34M
6 sales by 2 insiders
Also filed: 2 conversions.
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Frankel Michael S. | — | $3.16M | Mar 17, 2026 |
| Lanzer David E. | — | $1.18M | Apr 28, 2026 |
| CLARK LAURA E | $200.3K | — | Feb 27, 2026 |
| STOCKERT DAVID P | $187.0K | — | Feb 27, 2026 |
| Fitzmaurice Michael | $99.5K | — | Feb 27, 2026 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Jun 13, 2026 | Nahas John Chief Operating Officer | Tax withheld | 127 | $4.5K |
| May 19, 2026 | ANTIN ROBERT L Director | Award | 4,855 | $0 |
| May 19, 2026 | STOCKERT DAVID P Director | Award | 4,855 | $0 |
| May 19, 2026 | MORRIS DEBRA L Director | Award | 4,855 | $0 |
| May 19, 2026 | Ingram Diana J Director | Award | 4,855 | $0 |
| May 19, 2026 | Kleiman Angela L. Director | Award | 4,855 | $0 |
| May 19, 2026 | ROSE TYLER H Director | Award | 4,855 | $0 |
| Apr 28, 2026 | Lanzer David E. General Counsel & Secretary | Sale | 33,299 | $1.18M |
| Apr 24, 2026 | Lanzer David E. General Counsel & Secretary | Conversion | 33,299 | $0 |
| Apr 9, 2026 | Schwimmer Howard Director | Tax withheld | 281,813 | $9.66M |
| Apr 9, 2026 | Frankel Michael S. Director | Tax withheld | 281,813 | $9.66M |
| Mar 17, 2026 | Frankel Michael S. Co-CEO, Co-President | Sale | 23,132 | $816.4K |
| Feb 27, 2026 | STOCKERT DAVID P Director | Purchase | 5,000 | $187.0K |
| Feb 27, 2026 | Fitzmaurice Michael Chief Financial Officer | Purchase | 2,650 | $99.5K |
| Feb 27, 2026 | CLARK LAURA E Chief Operating Officer | Purchase | 5,310 | $200.3K |
| Jan 1, 2026 | STOCKERT DAVID P Director | Award | 1,829 | $0 |
| Dec 8, 2025 | Frankel Michael S. Co-CEO, Co-President | Sale | 18,750 | $751.1K |
| Dec 4, 2025 | Frankel Michael S. Co-CEO, Co-President | Sale | 20,318 | $845.4K |
| Dec 3, 2025 | Frankel Michael S. Co-CEO, Co-President | Sale | 7,400 | $307.2K |
| Dec 2, 2025 | Frankel Michael S. Co-CEO, Co-President | Sale | 10,650 | $442.0K |
| Nov 21, 2025 | Frankel Michael S. Co-CEO, Co-President | Conversion | 80,250 | $0 |
| Nov 18, 2025 | Fitzmaurice Michael Chief Financial Officer | Tax withheld | 1,397 | $57.0K |
| Nov 17, 2025 | Schwimmer Howard Co-CEO, Co-President | Award | 560,406 | $0 |
| Nov 17, 2025 | Frankel Michael S. Co-CEO, Co-President | Award | 560,406 | $0 |
| Jul 21, 2025 | Lanzer David E. General Counsel & Secretary | Sale | 26,449 | $975.1K |
| Jul 17, 2025 | Lanzer David E. General Counsel & Secretary | Conversion | 26,449 | $0 |
| Jun 3, 2025 | ROSE TYLER H Director | Award | 4,773 | $0 |
| Jun 3, 2025 | MORRIS DEBRA L Director | Award | 4,773 | $0 |
| Jun 3, 2025 | Kleiman Angela L. Director | Award | 4,773 | $0 |
| Jun 3, 2025 | ANTIN ROBERT L Director | Award | 4,773 | $0 |
| Jun 3, 2025 | Ingram Diana J Director | Award | 4,773 | $0 |
| Feb 25, 2025 | Schwimmer Howard Co-CEO, Co-President | Gift | 250 | $0 |
| Nov 18, 2024 | Fitzmaurice Michael Chief Financial Officer | Award | 12,880 | $0 |
| Sep 24, 2024 | Schwimmer Howard Co-CEO, Co-President | Gift | 210 | $0 |
| Sep 10, 2024 | CLARK LAURA E Chief Financial Officer | Sale | 14,185 | $711.3K |
| Sep 9, 2024 | CLARK LAURA E Chief Financial Officer | Conversion | 12,200 | $0 |
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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