MDV · As filed with the SEC
Modiv Industrial income statement, by quarter
The statement as Modiv Industrial presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
Condensed Consolidated Statements of Operations · USD thousands, except per-share amounts
| USD thousands, except per-share amounts | Q2 2026 3 months ended Jun 30, 2026 | Q1 2026 3 months ended Mar 31, 2026 | Q4 2025† 3 months ended Dec 31, 2025 | Q3 2025 3 months ended Sep 30, 2025 |
|---|---|---|---|---|
| Rental | 11,694 | 11,692 | 11,008† | 11,321 |
| Other property | 0 | 11 | 66† | 366 |
| Total revenue | 11,694 | 11,703 | 11,074† | 11,687 |
| Expenses: | ||||
| General and administrative | 1,204 | 1,507 | 1,246† | 1,370 |
| Stock compensation | 744 | 804 | 810† | 811 |
| Depreciation and amortization | 3,646 | 3,718 | 3,695† | 3,746 |
| Property | 824 | 905 | 870† | 916 |
| Merger | 2,838 | 565 | — | — |
| Impairment of real estate investment property | 0 | — | 1,814† | 0 |
| Total expenses | 9,256 | 7,499 | 8,435† | 6,843 |
| Gain on sale of real estate investments, net | 7,542 | 0 | 2,436† | 0 |
| Operating income | 9,980 | 4,204 | 5,075† | 4,844 |
| Other income (expense): | ||||
| Interest income | — | — | — | 38 |
| Interest and other income | 72 | 25 | — | — |
| Dividend income | — | — | 0† | 0 |
| Income from unconsolidated investment in a real estate property | 0 | 38 | 245† | 249 |
| Interest expense, net of unrealized gain on interest rate swaps and derivative settlements | (3,395) | (4,562) | (4,799)† | (4,054) |
| Loss on equity investments | — | — | 0† | 0 |
| Other expense, net | — | (4,499) | (3,794)† | (3,767) |
| Loss on other investments | (172) | — | — | — |
| Other expense, net | (3,495) | — | — | — |
| Net income (loss) | 6,485 | (295) | 1,281† | 1,077 |
| Net (income) loss attributable to noncontrolling interests in Operating Partnership | (1,110) | 208 | (68)† | (29) |
| Net income (loss) attributable to Modiv Industrial, Inc. | 5,375 | (87) | 1,213† | 1,048 |
| Preferred stock dividends | (773) | (775) | (784)† | (795) |
| Net income (loss) attributable to common stockholders | 4,602 | (862) | 429† | 253 |
| Income (loss) per share attributable to common stockholders and noncontrolling interests: | ||||
| Basic (in usd per share) | — | (0.11) | — | 0.00 |
| Basic (in usd per share) | 0.45 | — | — | — |
| Diluted (in usd per share) | 0.45 | (0.11) | — | 0.00 |
| Weighted-average number of common shares outstanding | ||||
| Basic (in shares) | 10,323,670 | 10,313,193 | — | 10,197,942 |
| Diluted (in shares) | 12,812,041 | 11,906,521 | — | 11,791,270 |
| Distributions declared per common share (in usd per share) | 0.30 | 0.30 | — | 0.29 |
† Derived: worked out from the filings, not stated in them. A fourth quarter is the 10-K year less the nine months in the third-quarter 10-Q; a quarter of cash flows is year to date less the prior year to date.
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.