Rexford Industrial Q2 FY26 net loss widens to $506.9 million; Core FFO per share rises 6.8% to $0.63 vs Q2 FY25

Reuters2026/07/23 20:17

By:Reuters

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Rexford Industrial posted a net loss attributable to common stockholders of USD 506.9 million, or USD 2.26 per diluted share, swinging from a profit.
Revenue slipped 1.6% to USD 245.51 million; the loss reflected USD 624.75 million of non-cash real estate impairments.
Company share of Core FFO (non-GAAP) rose 1.2% to USD 141.4 million, while Core FFO per diluted share increased 6.8% to USD 0.63.
Same-property NOI fell 0.5%; average same-property occupancy improved 1 percentage point to 95.7%.
Disposition outlook was raised to USD 1.5 billion-USD 2 billion; a new USD 1 billion stock repurchase program was authorized.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rexford Industrial Realty Inc. published the original content used to generate this news brief on July 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Rexford Industrial Q2 FY26 net loss widens to $506.9 million; Core FFO per share rises 6.8% to $0.63 vs Q2 FY25

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