Industrial Logistics Properties Trust (ILPT) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Revenue | 116.42M | 113.91M | 110.94M | 112.1M | 111.91M | 110.52M | 108.94M | 110.62M | 112.23M | 108.89M | 110.14M | 108.04M | 110.26M | 106.34M | 103.22M | 107.22M | 71.38M | 56.5M | 54.98M | 54.18M |
| Revenue Growth % | 4.03% | 3.07% | 1.83% | 1.33% | -0.29% | 1.49% | -1.09% | 2.39% | 1.79% | 2.4% | 6.71% | 0.77% | 54.48% | 88.22% | 87.73% | 97.9% | 31.65% | -5.97% | -15.55% | -16.79% |
| Property Operating Expenses | 26.11M | 347.11M | 15.21M | 15.66M | 14.15M | 16.21M | 15.34M | 15.15M | 15.86M | 13.56M | 14.93M | 15.1M | 16.47M | 14.16M | 14.34M | 13.28M | 9.44M | 8.27M | 7.62M | 8.13M |
| Net Operating Income (NOI) | 90.31M | -233.2M | 95.73M | 96.44M | 97.75M | 94.31M | 93.61M | 95.47M | 96.37M | 95.33M | 95.22M | 92.94M | 93.79M | 92.17M | 88.88M | 93.95M | 61.94M | 48.23M | 47.36M | 46.05M |
| NOI Margin % | 77.57% | -204.72% | 86.29% | 86.03% | 87.35% | 85.33% | 85.92% | 86.31% | 85.87% | 87.55% | 86.45% | 86.02% | 85.06% | 86.68% | 86.11% | 87.62% | 86.78% | 85.37% | 86.15% | 84.99% |
| Operating Expenses | 50.27M | -219.98M | 8.78M | 59.98M | 60.01M | 59.49M | 59.34M | 60.57M | 61.59M | 62.31M | 7.71M | 8.13M | 7.91M | 7.98M | 9.11M | 9.71M | 6.08M | 4.01M | 4.73M | 4.23M |
| G&A Expenses | 9.46M | 8.47M | 10.59M | 9.66M | 8.24M | 7.59M | 7.24M | 7.94M | 7.69M | 7.41M | 7.71M | 8.13M | 7.91M | 7.98M | 9.11M | 9.71M | 6.08M | 4.01M | 4.73M | 4.23M |
| EBITDA | 72.03M | 28.01M | 127.98M | 77.89M | 79.26M | 76.6M | 77.47M | 78.33M | 78.36M | 76.4M | 130.55M | 128.95M | 130.52M | 130.31M | 127.61M | 122.88M | 78.08M | 57.27M | 54.94M | 53.28M |
| EBITDA Margin % | 61.87% | 24.59% | 115.37% | 69.49% | 70.83% | 69.31% | 71.11% | 70.81% | 69.82% | 70.16% | 118.53% | 119.35% | 118.38% | 122.54% | 123.64% | 114.6% | 109.39% | 101.37% | 99.93% | 98.34% |
| Depreciation & Amortization | 31.99M | 41.23M | 41.03M | 41.44M | 41.52M | 41.78M | 43.2M | 43.42M | 43.58M | 43.38M | 43.05M | 44.13M | 44.64M | 46.11M | 47.84M | 38.64M | 22.21M | 13.05M | 12.31M | 11.47M |
| D&A / Revenue % | 27.48% | 36.2% | 36.99% | 36.97% | 37.1% | 37.81% | 39.66% | 39.25% | 38.83% | 39.83% | 39.08% | 40.85% | 40.49% | 43.36% | 46.35% | 36.03% | 31.12% | 23.09% | 22.38% | 21.17% |
| Operating Income | 40.04M | -13.22M | 86.95M | 36.45M | 37.75M | 34.81M | 34.27M | 34.91M | 34.79M | 33.02M | 87.5M | 84.81M | 85.88M | 84.19M | 79.77M | 84.24M | 55.86M | 44.22M | 42.64M | 41.81M |
| Operating Margin % | 34.39% | -11.61% | 78.38% | 32.52% | 33.73% | 31.5% | 31.45% | 31.55% | 30.99% | 30.33% | 79.45% | 78.5% | 77.89% | 79.18% | 77.29% | 78.56% | 78.27% | 78.28% | 77.55% | 77.17% |
| Interest Expense | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Interest Coverage | 0.65x | 0.88x | 0.52x | 0.49x | 0.57x | 0.52x | 0.51x | 0.51x | 0.51x | 0.52x | 0.46x | 0.44x | 0.44x | 0.40x | 0.25x | 0.44x | 0.64x | 2.83x | 2.81x | 2.97x |
| Non-Operating Income | 0 | -69.74M | 53.88M | 3.05M | -1.97M | -2.51M | -3.13M | -2.94M | -2.85M | -5.07M | 53.82M | 53.43M | 54.78M | 55.46M | 56.97M | 49.75M | 29.65M | 18.34M | 17.11M | 16.17M |
| Pretax Income | -20.62M | -10.56M | -30.4M | -30.36M | -31.14M | -34.32M | -35.37M | -33.44M | -33.87M | -41.41M | -36.14M | -36.53M | -35.53M | -41.83M | -83.95M | -151.31M | -9.72M | 63.3M | 18.38M | 18.87M |
| Pretax Margin % | -17.71% | -9.27% | -27.4% | -27.09% | -27.83% | -31.05% | -32.47% | -30.23% | -30.18% | -38.03% | -32.81% | -33.82% | -32.22% | -39.33% | -81.33% | -141.11% | -13.62% | 112.05% | 33.43% | 34.83% |
| Income Tax | 114K | 15K | 31K | 30K | 28K | 60K | 33K | 36K | 33K | -9K | 51K | 45K | 17K | -68K | 28K | 16K | 69K | 96K | 72K | 42K |
| Effective Tax Rate % | -0.55% | -0.14% | -0.1% | -0.1% | -0.09% | -0.17% | -0.09% | -0.11% | -0.1% | 0.02% | -0.14% | -0.12% | -0.05% | 0.16% | -0.03% | -0.01% | -0.71% | 0.15% | 0.39% | 0.22% |
| Net Income | -9.43M | -1.78M | -21.57M | -21.31M | -21.53M | -24.1M | -24.99M | -23.18M | -23.4M | -31.24M | -26.11M | -25.83M | -24.81M | -31.04M | -45.63M | -143.54M | -6.51M | 63.21M | 18.31M | 18.83M |
| Net Margin % | -8.1% | -1.56% | -19.44% | -19.01% | -19.24% | -21.81% | -22.94% | -20.95% | -20.85% | -28.69% | -23.71% | -23.91% | -22.5% | -29.19% | -44.21% | -133.87% | -9.13% | 111.88% | 33.3% | 34.76% |
| Net Income Growth % | 56.22% | 92.61% | 13.71% | 8.05% | 7.99% | 22.85% | 4.3% | 10.27% | 5.67% | -0.63% | 42.77% | 82.01% | -280.86% | -149.11% | -349.23% | -862.25% | -133.69% | 56.78% | 29.94% | 27.06% |
| Funds From Operations (FFO) | 22.56M | 39.45M | 19.47M | 20.13M | 19.99M | 17.68M | 18.21M | 20.25M | 20.17M | 12.14M | 16.94M | 18.31M | 19.83M | 15.07M | 2.21M | -104.9M | 15.7M | 76.25M | 30.61M | 30.3M |
| FFO Margin % | 19.38% | 34.63% | 17.55% | 17.96% | 17.86% | 16% | 16.72% | 18.3% | 17.97% | 11.15% | 15.38% | 16.94% | 17.98% | 14.17% | 2.15% | -97.84% | 22% | 134.97% | 55.68% | 55.93% |
| FFO Growth % | 12.89% | 123.11% | 6.88% | -0.56% | -0.93% | 45.7% | 7.55% | 10.6% | 1.74% | -19.46% | 664.61% | 117.45% | 26.29% | -80.24% | -92.76% | -446.2% | -50.36% | 38.78% | -4.45% | -7.65% |
| FFO per Share | 0.34 | 0.60 | 0.29 | 0.31 | 0.30 | 0.27 | 0.28 | 0.31 | 0.31 | 0.19 | 0.26 | 0.28 | 0.30 | 0.23 | 0.03 | -1.61 | 0.24 | 1.17 | 0.47 | 0.46 |
| FFO Payout Ratio % | 0% | 6.71% | 6.8% | 3.29% | 3.31% | 3.74% | 3.62% | 3.26% | 3.26% | 5.43% | 3.87% | 3.58% | 3.31% | 4.35% | 1948.85% | -20.57% | 137.47% | 28.3% | 70.41% | 71.12% |
| EPS (Diluted) | -0.14 | -0.03 | -0.33 | -0.32 | -0.33 | -0.37 | -0.38 | -0.35 | -0.36 | -0.48 | -0.40 | -0.40 | -0.38 | -0.48 | -0.70 | -2.20 | -0.10 | 0.97 | 0.28 | 0.29 |
| EPS Growth % | 57.58% | 92.73% | 13.16% | 8.57% | 8.33% | 22.92% | 5% | 12.5% | 5.26% | 0% | 42.86% | 81.82% | -280.38% | -149.48% | -350% | -858.62% | -133.3% | 56.45% | 27.27% | 31.82% |
| EPS (Basic) | -0.14 | -0.03 | -0.33 | -0.32 | -0.33 | -0.37 | -0.38 | -0.35 | -0.36 | -0.48 | -0.40 | -0.40 | -0.38 | -0.48 | -0.70 | -2.20 | -0.10 | 0.97 | 0.28 | 0.29 |
| Diluted Shares Outstanding | 66.18M | 66.17M | 66.09M | 65.93M | 65.83M | 65.83M | 65.77M | 65.63M | 65.56M | 65.55M | 65.49M | 65.37M | 65.31M | 65.31M | 65.25M | 65.22M | 65.21M | 65.23M | 65.23M | 65.21M |