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Companies $TRNO
$65.07 +$0.07 (0.11%) Close
Terreno Realty Corporation logo

Terreno Realty Corporation

terreno.com

What Do They Do?

Acquires, owns and leases industrial real estate to business tenants across six coastal U.S. markets, including warehouses, flex and transshipment facilities.

How Do They Make Money?

Earns rental income from tenants leasing its industrial properties under operating leases; rental income is spread across each lease term.

FY2025 revenue

Who Are Their Customers?

Businesses lease its industrial properties across six coastal U.S. markets.

Do Revenues Turn Into Profits?

Yes. It kept 85 cents of every revenue dollar as net income in FY2025.

Net income, FY2025
85% of revenue
▲ +118% vs FY2024 ($184.5M, 48%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Revenue
▲ +11%
vs $112.2M in Q2 FY2025
Net income
▼ −38%
vs $93.3M in Q2 FY2025

Growing. Revenue grew 2.1x in 4 years, from $221.9M in FY2021 to $476.4M in FY2025, about 21% a year.

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