NYSE$REXR

Rexford Industrial Realty Inc · Q4 2025 earnings

Q4 2025 earnings · · After market close · Investor relations

Briefing

Rexford Industrial Realty reported Q4 2025, revenue of $243K, a net loss of $67.73B.

For Q4 2025, Rexford Industrial Realty reported revenue of $243K, a net loss of $67.73B, adjusted diluted EPS was $0.59. The filing highlights segment trends, liquidity, and management commentary on the period.

  • Revenue $243K.
  • Net loss $67.73B.
  • Adjusted diluted EPS $0.59.

Headline financials

Total Revenue

$243K

Previous: $243M-99.9%
EPS (adj)

$0.59

Previous: $0.27+118.5%
Same Property NOI Growth (Net Effective)

0.4%

No prior period
Same Property NOI Growth (Cash)

2.8%

No prior period
Same Property Ending Occupancy

96.5%

No prior period
Average Same Property Occupancy

96.8%

No prior period
GAAP Releasing Spreads

22.0%

No prior period
Cash Releasing Spreads

9.0%

No prior period
Net Debt to Enterprise Value

24.9%

No prior period
Net Debt to Adjusted EBITDAre

4.4

No prior period
Total Portfolio Occupancy (Excl. Value-Add)

96.0%

No prior period
Total Portfolio Leased (Excl. Value-Add)

96.6%

No prior period
Total Portfolio Occupancy (Incl. Value-Add)

90.2%

No prior period
Total Portfolio Leased (Incl. Value-Add)

90.9%

No prior period
Improved Land & IOS Leased

97.8%

No prior period
Unlevered IRR Dispositions

11.7%

No prior period
Total Liquidity

$1.4B

No prior period
Unrestricted Cash on Hand

$166M

No prior period
Unsecured Revolving Credit Facility Available

$1.25B

No prior period
Total Outstanding Debt

$3.3B

No prior period
Average Interest Rate Debt

3.7%

No prior period
Average Term to Maturity Debt

3.3

No prior period
Net Income

-$67.7B

Previous: $64.9M-104452.2%
Operating Income

$92.8M

Previous: $93.1M-0.3%

Revenue & EPS history

Rexford Industrial · Revenue · Quarterly

$243K

Q4 2025-99.9%vs Q4 2024
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Revenue by segment

Rexford Industrial · $205M total across 3 segments · Q3 2023

  • Rental Income
    $204M+25.6%
  • Interest Income
    $1.03M+34200.0%
  • Management and Leasing Services
    $158K-3.1%

Forward guidance

Management discusses operating priorities, capital allocation, and sector-specific risks in the quarterly filing.

Tailwinds

  • Headline results and segment commentary anchor the quarter narrative.
  • Balance sheet and liquidity support ongoing operations or returns.
  • Strategic initiatives cited in the release or MD&A.

Headwinds

  • Macro, rates, or input costs may pressure margins.
  • One-time items can affect year-over-year comparability.
  • Execution risk on guidance or restructuring plans.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

+0.2%

Avg return

Earnings day

+0.5%

Avg return

5 days after

+1.0%

Avg return

30 days after

56%

29 / 52 earnings

Positive

+9.5%

Q1 2022

Best reaction

-8.0%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.7%-2.3%-0.5%
Q4 2025-6.5%-7.6%-12.9%
Q3 2025+2.3%+2.9%-2.8%
Q2 2025+0.8%+4.1%+14.7%
Q1 2025-0.4%-1.5%+9.2%
Q4 2024-0.5%+1.1%-0.8%
Q3 2024-5.9%-6.4%-12.0%
Q2 2024-1.7%-0.0%+1.2%
Q1 2024-3.3%-3.7%+3.8%
Q4 2023-1.5%+0.7%+0.1%
Q3 2023-8.0%-11.8%-3.0%
Q2 2023+1.8%+6.0%-3.4%
Q1 2023+2.3%+2.1%-1.5%
Q4 2022-2.2%-2.0%-12.2%
Q3 2022-4.7%-5.2%+5.2%
Q2 2022+1.2%+1.8%+9.1%
Q1 2022+9.5%+5.9%-17.6%
Q4 2021-2.2%-3.0%-4.4%
Q3 2021+4.8%+6.3%+14.2%
Q2 2021-0.0%+0.6%+2.2%
Q1 2021-2.4%-1.6%-2.9%
Q4 2020+1.6%+3.1%-1.4%
Q3 2020-1.0%-0.7%-0.2%
Q2 2020+0.9%+2.9%+16.2%
Q1 2020-1.3%+2.8%+5.3%
Q4 2019+1.4%+5.3%-21.1%
Q3 2019+0.3%-1.0%+0.1%
Q2 2019-0.3%+0.5%+6.0%
Q1 2019+2.9%+3.5%+1.2%
Q4 2018+0.0%+0.3%+1.0%
Q3 2018+1.2%+2.2%+4.9%
Q2 2018+4.1%+5.1%+7.6%
Q1 2018+2.6%+4.2%+2.4%
Q4 2017+0.8%+1.7%+2.6%
Q3 2017+1.5%+2.2%+6.3%
Q2 2017+1.2%-1.5%+5.4%
Q1 2017+1.1%+1.6%+12.3%
Q4 2016+2.0%+3.6%-1.6%
Q3 2016-0.5%+1.6%+5.1%
Q2 2016-1.1%-2.0%+1.6%
Q1 2016+2.2%
Q4 2015+3.0%
Q3 2015-1.0%
Q2 2015-2.1%
Q1 2015-0.1%
Q4 2014+3.0%
Q3 2014+0.6%
Q2 2014+0.2%
Q1 2014-0.6%
Q4 2013-0.9%
Q3 2013+0.3%
Q2 2013+2.7%
Q1 2013
Q4 2012
Q3 2012
Q2 2012
Q1 2012

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