The financials
Terreno Realty Corporation by the numbers
Terreno Realty Corporation (TRNO) reported revenue of $124M in Q1 2026 (quarter ended March 31, 2026), up 13% from the same quarter a year earlier. That came with net income of $69M (56% of revenue). For the full year FY2025, revenue was $476M (+25% year on year) and net income $403M.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $124M | $110M | +13% |
| Operating income | $51M | $43M | +18% |
| Net income | $69M | $48M | +44% |
| Diluted EPS | $0.66 | $0.47 | +40% |