Terreno Realty Corporation (TRNO) SEC Filings & Earnings Calls
EquiReason read 8 Terreno Realty Corporation SEC filings in the last 12 months. Latest: 10-Q on 2026-08-05 — Terreno Realty reported strong Q2 2026 results with total revenue +11.1% YoY, same store NOI +6.7%, and FFO +12.1%, driven by robust rent growth and acquisition activity..
Source: SEC EDGAR filings · figures as of 2026-06-30 · read by EquiReason
- Market cap
- 7.1B
- P/E TTM
- 17.5
- Dividend yield
- 3.2%
- 52-week
- —
- Next earnings
- 3 Nov, in 9 days
Every filing, read
last 12 months · SECWhat happened, the numbers inside, guidance and risks. The original is one click away.
5 Aug 202610-QTerreno Realty reported strong Q2 2026 results with total revenue +11.1% YoY, same store NOI +6.7%, and FFO +12.1%, driven by robust rent growth and acquisition activity.earningsopen
Figures in the filing · each found in the filing text
| Net income · Q2-2026 | $58M | -38% y/y |
| Same store NOI · Q2-2026 | $83M | +7% y/y |
| FFO attributable to common stockholders · Q2-2026 | $74M | +12% y/y |
| Adjusted EBITDA · Q2-2026 | $88M | +12% y/y |
| Cash-basis same store NOI · Q2-2026 | $75M | +7% y/y |
| Occupancy (same store) · 2026-06-30 | 97.8% | |
| Dividend per share · Q3-2026 | $0.57 |
Risks flagged
Trade policy uncertainty
“Such changes and potential changes have created significant uncertainty about the future relationship between the United States and other countries with respect to trade policies, tariffs and related government actions.” · word for word
Interest rate exposure
“Interest expense increased approximately $1.3 million for the three months ended June 30, 2026 compared to the same period from the prior year. This was primarily due to higher outstanding debt.” · word for word
6 May 202610-QRental revenues and tenant expense reimbursements $124M (+13% y/y); Net income $69M (+44% y/y); Same store NOI $81M (+7% y/y)open
Figures in the filing · each found in the filing text
| Rental revenues and tenant expense reimbursements · Q1-2026 | $124M | +13% y/y |
| Net income · Q1-2026 | $69M | +44% y/y |
| Same store NOI · Q1-2026 | $81M | +7% y/y |
| Adjusted EBITDA · Q1-2026 | $85M | +13% y/y |
| FFO attributable to common stockholders · Q1-2026 | $71M | +13% y/y |
| Acquisition volume · Q1-2026 | $103M | |
| Cash rent changes on new and renewed leases · Q1-2026 | 22.4% | |
| Dividend per share · Q1-2026 | $0.52 | +6% y/y |
Risks flagged
Trade Policy Uncertainty
“There have been significant changes, and continue to be ongoing discussion and commentary regarding potential significant changes, to U.S. and foreign trade policies, tariffs, non-tariff barriers and related government actions.” · word for word
Interest Rate Exposure
“If the SOFR rate were to fluctuate by 0.25%, interest expense would increase or decrease, depending on rate movement, future earnings and cash flows by approximately $1.0 million annually on the total of the outstanding balances on our Amended Facility as of March 31, 2026.” · word for word
20 Mar 2026DEF 14AProxy statement for 2026 annual meeting; no material events disclosed beyond routine governance and compensation matters.open
Figures in the filing · each found in the filing text
| Total Stockholder Return (3-year period ending 12/31/2025) · FY2025 | 16.5% | |
| Net Income · FY2025 | $403M | |
| Total Shareholder Return (1-year) · FY2025 | $105.83 | |
| Peer Group Total Shareholder Return (1-year) · FY2025 | $103.83 | |
| TSR Relative to FTSE Nareit Equity Industrial Index (1-year) · FY2025 | -12.8% | |
| Compensation Actually Paid to each Co-Founder · FY2025 | $3M | |
| Average Compensation Actually Paid to Non-PEO NEOs · FY2025 | $2M | |
| Shares Outstanding · 2026-03-06 | 106,256,445 | |
| Percentage of Portfolio with Energy Efficient Lighting · FY2025 | 87.0% | |
| Percentage of Portfolio with Rooftop Solar · FY2025 | 7.7% |
4 Feb 202610-KNet Income $403M (+118% y/y); Adjusted EBITDA $337M (+25% y/y); FFO per share (basic) $2.78 (+14% y/y); Guidance: Rental rates on 2026 expirations expected to be above current rates; acquisition volume dependent on conditionsopen
Figures in the filing · each found in the filing text
| Net Income · FY2025 | $403M | +118% y/y |
| Adjusted EBITDA · FY2025 | $337M | +25% y/y |
| FFO per share (basic) · FY2025 | $2.78 | +14% y/y |
| Acquisition Volume · FY2025 | $684M | |
| Same Store NOI (cash basis) · FY2025 | $246M | +12% y/y |
| Dividend per share (Q4) · Q4-2025 | $0.52 | +6% y/y |
| Operating Cash Flow · FY2025 | $272M | +17% y/y |
Guidance
Rental rates on 2026 expirations expected to be above current rates; acquisition volume dependent on conditions
Management optimistic about rent growth, but acquisition pace contingent on market conditions and stock price.
Risks flagged
New speculative development could slow rent growth
“Notwithstanding, new speculative development continues which will slow potential rent growth from what it would be without such new development.” · word for word
Acquisition volume dependent on stock price relative to NAV
“Nevertheless, our acquisition volume will be dependent on both the quality and pricing of the opportunity set and the price of our stock relative to net asset value.” · word for word
5 Nov 202510-QStrong quarterly results with double-digit revenue and NOI growth, driven by rent increases and acquisitions.earningsopen
Figures in the filing · each found in the filing text
| Net income · Q3-2025 | $103M | +182% y/y |
| Same store NOI · Q3-2025 | $63M | +7% y/y |
| Cash-basis same store NOI · Q3-2025 | $59M | +7% y/y |
| Adjusted EBITDA · Q3-2025 | $82M | +18% y/y |
| FFO attributable to common stockholders · Q3-2025 | $69M | +14% y/y |
| Dividend per share · Q3-2025 | $0.52 | |
| Same store occupancy · Q3-2025 | 98.6% | |
| Acquisition volume · 9M-2025 | $604M | +27% y/y |
Risks flagged
Interest rate exposure
“Interest expense increased approximately $3.5 million for the three months ended September 30, 2025 compared to the same period from the prior year. This was primarily due to higher outstanding debt” · word for word
Bad debt expense
“total revenues for the three months ended September 30, 2025 were partially offset by approximately $0.8 million of bad debt expense.” · word for word
Terreno Realty Corporation — questions
- What did Terreno Realty Corporation file recently?
- 8 SEC filings in the last 12 months. Latest: 10-Q on 2026-08-05 — Terreno Realty reported strong Q2 2026 results with total revenue +11.1% YoY, same store NOI +6.7%, and FFO +12.1%, driven by robust rent growth and acquisition activity.
Every figure on this page comes from Terreno Realty Corporation'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.