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Inland Real Estate Income Trust Inc

inland-investments.com

What Do They Do?

Owns and leases multi-tenant retail shopping centers, primarily grocery-anchored, to tenants.

How Do They Make Money?

Earns rent from tenants leasing shopping-center space; rent is spread over each lease term, while tenant reimbursements for property taxes and operating costs are tied to the periods those expenses occur.

FY2025 revenue

Who Are Their Customers?

Tenants lease space in its multi-tenant retail shopping centers, many of which are grocery-anchored or near grocery stores that are not part of the property.

Do Revenues Turn Into Profits?

No. It lost $11M in FY2025.

Net income, FY2025
−7% of revenue
▼ −26% (Loss) vs FY2024 (−$15M, −10%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Revenue
▼ −1%
vs $38.1M in Q2 FY2025
Net income
▲ Now profitable
vs −$2.2M in Q2 FY2025

Growing. Revenue grew 29% in 4 years, from $119.1M in FY2021 to $153.6M in FY2025, about 7% a year.

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