Rexford Industrial Realty, Inc. (REXR) SEC Filings & Earnings Calls
EquiReason read 14 Rexford Industrial Realty, Inc. SEC filings in the last 12 months. Latest: 8-K on 2026-10-22 — Rexford Industrial Realty reported Q3 2026 earnings with updated guidance showing slight Core FFO per share raise to $2.41-$2.44 from $2.38-$2.43, same-property NOI growth near fla.
Source: SEC EDGAR filings · figures as of 2026-06-30 · read by EquiReason
- Market cap
- 8.6B
- P/E TTM
- —
- Dividend yield
- 4.5%
- 52-week
- —
- Next earnings
- 2 Feb, in 101 days
Every filing, read
last 12 months · SECWhat happened, the numbers inside, guidance and risks. The original is one click away.
22 Oct 20268-K · 2.02, 7.01Rexford Industrial Realty reported Q3 2026 earnings with updated guidance showing slight Core FFO per share raise to $2.41-$2.44 from $2.38-$2.43, same-property NOI growth near flat, and occupancy guidance raised to 95.8%-96.0%.earningsopen
Figures in the filing · each found in the filing text
| Core FFO per diluted share · FY2026 | $2.44 | +0% y/y |
| Same Property Portfolio NOI Growth - Net Effective · FY2026 | 0.3% | |
| Same Property Portfolio NOI Growth - Cash · FY2026 | 0.8% | |
| Average Same Property Portfolio Occupancy · FY2026 | 96.0% | |
| Dispositions · FY2026 | $2.00B | 0% y/y |
| Repositioning/Development Annualized Stabilized Cash NOI · FY2026 | $18M | 0% y/y |
| Repositioning/Development Starts (SF) · FY2026 | 800,000 | |
| Repositioning/Development Starts (Total Estimated Project Costs) · FY2026 | $130M | |
| General and Administrative Expenses · FY2026 | $57M | 0% y/y |
| Interest Expense · FY2026 | $105M | 0% y/y |
Guidance
FY26 Core FFO per share raised to $2.41-$2.44 from $2.38-$2.43; FY26 Same Property Portfolio NOI Growth - Net Effective: (0.25)% - 0.25%; FY26 Same Property Portfolio NOI Growth - Cash: 0.25% - 0.75%; FY26 Average Same Property Portfolio Occupancy: 95.8% - 96.0%; FY26 Dispositions: $1.7B - $2.0B; FY26 Repositioning/Development Annualized Stabilized Cash NOI: $16M - $18M; FY26 Repositioning/Develop
Guidance raised slightly for Core FFO per share, occupancy, and dispositions; same-property NOI growth remains near flat.
Risks flagged
Interest rate and inflation risks could impact financing costs and property valuations.
“Guidance footnote: 'interest rates, inflation, the economy, tariffs, geopolitical risks'”
Geopolitical risks including Middle East conflict could disrupt operations.
“Guidance footnote: 'geopolitical risks including impacts from the war in the Middle East'”
Supply and demand imbalance in industrial real estate could affect occupancy and rents.
“Guidance footnote: 'the supply and demand of industrial real estate'”
17 Sep 20268-K · 2.01, 7.01Rexford Industrial completed $1.2B sale of 22 industrial properties as part of $2.0B portfolio realignment; $1.5B dispositions YTD; repaid $485M debt and repurchased $205M stock in Q3.open
Figures in the filing · each found in the filing text
| Number of properties · Q3-2026 | 22 | |
| Rentable square feet · Q3-2026 | 5,200,000 | |
| Weighted average remaining lease term · Q3-2026 | $2.70 | |
| In-place rents vs market · Q3-2026 | 28.0% | |
| Cash NOI yield · FY2027 | 5.5% | |
| Dispositions year-to-date · YTD-2026 | $1.50B | |
| Debt repaid (Q3 to date) · Q3-2026 | $485M | |
| Stock repurchased (Q3 to date) · Q3-2026 | $205M | |
| Net Debt to Adjusted EBITDA re · FY2026 | $3.50 |
Guidance
Full-year 2026 disposition guidance range of $1.5 billion to $2.0 billion
Company reaffirms 2026 guidance provided in Q2 2026 earnings release; disposition guidance range unchanged.
18 Aug 20268-K · 1.01, 7.01Rexford Industrial entered a definitive agreement to sell a $1.2B industrial portfolio to an affiliate of EQT Real Estate, part of a $2.0B disposition initiative. The company reaffirms 2026 guidance.open
Figures in the filing · each found in the filing text
| aggregate purchase price · industrial portfolio · Q3-2026 | $1.20B | |
| year-to-date dispositions closed or under contract · FY2026 | $1.50B | |
| 2027 cash NOI yield · industrial portfolio · FY2027 | 5.5% | |
| number of properties · Q2-2026 | 409 | |
| rentable square feet · Q2-2026 | $50M |
Guidance
Full-year disposition guidance $1.5-$2.0 billion reaffirmed
Company reaffirms 2026 guidance provided in Q2 2026 earnings release; disposition program on track.
Risks flagged
Transaction closing risk; subject to customary conditions and tenant estoppels.
“Closing expected by September 30, 2026, subject to satisfaction or waiver of customary closing conditions.”
28 Jul 202610-QRexford Industrial recorded a $624.8 million impairment charge on real estate assets in Q2 2026.open
Figures in the filing · each found in the filing text
| Rental income · Q2-2026 | $243M | +1% y/y |
| Net (loss) income attributable to common stockholders · Q2-2026 | $-507M | |
| Cash and cash equivalents · 2026-06-30 | $32M | |
| Number of properties · 2026-06-30 | 409 | |
| Rentable square feet · 2026-06-30 | 49,900,000 | |
| Impairment of real estate · Q2-2026 | $625M |
Risks flagged
Real estate impairment risk
“Impairment of real estate $ 624,754”
Liquidity risk
“Cash and cash equivalents $ 32,226” · word for word
23 Jul 20268-K · 2.02, 7.01Released earnings results and quarterly financials; issued a Regulation FD disclosure (forward guidance or material update)earningsopen
Risks flagged
General real estate risks including market value fluctuations and tenant concentration.
“Forward-looking statements section lists standard real estate risks.”
28 Apr 202610-QRental income $242M (-3% y/y); Net income attributable to common stockholders $88M (+29% y/y); Number of properties 414open
Figures in the filing · each found in the filing text
| Rental income · Q1-2026 | $242M | -3% y/y |
| Net income attributable to common stockholders · Q1-2026 | $88M | +29% y/y |
| Number of properties · 2026-03-31 | 414 | |
| Rentable square feet · 2026-03-31 | 50,400,000 |
Risks flagged
Real estate impairment risk
“Impairment of real estate $6,824 for three months ended March 31, 2026.”
Liquidity risk from share repurchases
“Cash and cash equivalents decreased from $165.8M to $51.7M, partly due to $200.1M in share repurchases.”
8 Apr 2026DEF 14ACEO succession plan completed: Laura Clark appointed CEO effective April 1, 2026, succeeding Co-CEOs Howard Schwimmer and Michael Frankel, with significant cost savings and governance enhancements.open
Figures in the filing · each found in the filing text
| Core FFO per diluted share · FY2025 | $2.40 | +3% y/y |
| Consolidated Portfolio NOI Growth · FY2025 | 5.7% | |
| Net Debt to Adjusted EBITDAre · Q4-2025 | $4.40 | |
| G&A as a percentage of revenue · FY2025 | 7.9% | |
| Same Property Portfolio Cash NOI · FY2025 | $555M | +4% y/y |
| Core FFO · FY2025 | $591M | +9% y/y |
| Net income · FY2025 | $220M | -23% y/y |
| FFO · FY2025 | $519M | -4% y/y |
| Total Debt · Q4-2025 | $3.28B | |
| Cash and cash equivalents · Q4-2025 | $166M |
Risks flagged
Co-CEO transition costs and severance
“Co-CEO transition costs $60,223 (in thousands) for the year ended December 31, 2025.”
Impairment of real estate
“Impairment of real estate $89,097 (in thousands) for the year ended December 31, 2025.”
Net income decline
“Net income decreased from $285,926 (in thousands) in 2024 to $219,763 (in thousands) in 2025, a decline of 23.1%.”
26 Feb 20268-K · 5.02, 7.01General and administrative expense guidance $60M; Guidance: G&A expense ~$60Mopen
Figures in the filing · each found in the filing text
| General and administrative expense guidance · FY2026 | $60M |
Guidance
G&A expense ~$60M
Reaffirms 2026 G&A guidance; no other guidance provided.
Risks flagged
No material risk signals; executive change is internal promotion with reaffirmed guidance.
11 Feb 202610-KRental income $980M (+6% y/y); Net income $220M (-23% y/y); Cash Net Operating Income $699M (+8% y/y)open
Figures in the filing · each found in the filing text
| Rental income · FY2025 | $980M | +6% y/y |
| Net income · FY2025 | $220M | -23% y/y |
| Cash Net Operating Income · FY2025 | $699M | +8% y/y |
| Core FFO · FY2025 | $591M | +9% y/y |
| EBITDAre · FY2025 | $624M | -3% y/y |
Risks flagged
California regulatory risk
“statewide and local changes in zoning and land use laws and state attorney general actions that result in moratoriums on industrial and warehouse development or materially restrict the size and uses of industrial and warehouse projects, such as the recently enacted California Assembly Bill 98 and California Senate Bill 415, which enacted statewide heightened” · word for word
Earthquake concentration risk
“all of the properties in our portfolio are located in Southern California, an area that is particularly prone to seismic activity” · word for word
Tenant credit risk
“A substantial majority of the leases at our properties are with tenants who have non-investment grade credit ratings.” · word for word
Interest rate risk
“As of December 31, 2025, we have interest rate swaps with a combined notional value of $760.0 million in place for the purpose of mitigating our exposure to fluctuations in short-term interest rates.” · word for word
22 Dec 20258-K · 5.02Base Salary (Laura Clark) $850,000.00; Base Salary (CFO) $600,000.00; Time-Vesting LTIP Units (CEO) $2Mopen
Figures in the filing · each found in the filing text
| Base Salary (Laura Clark) · 2026 | $850000.00 | |
| Base Salary (CFO) · 2026 | $600000.00 | |
| Time-Vesting LTIP Units (CEO) · 2025-12-19 | $2M | |
| Performance-Vesting LTIP Units (CEO) · 2025-12-19 | $4M |
Risks flagged
CEO transition may cause short-term uncertainty.
“Co-CEOs departing March 31, 2026; new CEO effective April 1, 2026.”
25 Nov 20258-K · 5.02, 7.01Reported the departure of a director or principal officer (CEO/CFO change); issued a Regulation FD disclosure (forward guidance or material update)open
Risks flagged
No material risk signals; board changes are routine governance actions.
18 Nov 20258-K · 5.02, 7.01G&A savings $25M; G&A projected $62M; Guidance: $20-25M G&A savingsopen
Figures in the filing · each found in the filing text
| G&A savings · FY2026 | $25M | |
| G&A projected · FY2026 | $62M |
Guidance
$20-25M G&A savings
G&A savings expected; capital allocation reform; no explicit revenue guidance.
Risks flagged
CEO transition execution risk
“CEO transition effective April 1, 2026; strategic changes may face implementation challenges.”
Rexford Industrial Realty, Inc. — questions
- What did Rexford Industrial Realty, Inc. file recently?
- 14 SEC filings in the last 12 months. Latest: 8-K on 2026-10-22 — Rexford Industrial Realty reported Q3 2026 earnings with updated guidance showing slight Core FFO per share raise to $2.41-$2.44 from $2.38-$2.43, same-property NOI growth near flat, and occupancy guidance raised to 95.8%-96.0%.
Every figure on this page comes from Rexford Industrial Realty, Inc.'s own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.