Fundies.
English

Inland Real Estate Income Trust, Inc.

EDGAR
INRE Quarterly report (10-Q) · filed 2026-08-05

Annual consolidated revenue for 2025: about USD 153.6M, using the latest reported figures. The previous period, 2024, was about USD 150.2M.

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Watchlist

Latest quarter

Revenue

37.8 million USD

2026 Q2 · USD

Exact inputs and evidence

Operating cash flow

13.8 million USD

2026 Q2 · USD

Exact inputs and evidence
  • Operating Cash Flow: 24543000 USD Source
  • Operating Cash Flow: 10770000 USD Source
Cash and cash equivalents
10.8 million USD Source
Exact value

10831000 USD

Long-term debt including current maturities
806 million USD Source
Exact value

806403000 USD

Shares outstanding
36.1 million shares Source
Exact value

36052080 shares

Reported share-count change

-0.14% · -52.1 thousand shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 36104130 shares · 2025-06-30· Source
  • 36052080 shares · 2026-06-30· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

153 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Revenue: 37985000 USD · 2025-07-01 – 2025-09-30 Source
  • Revenue: 153581000 USD · 2025-01-01 – 2025-12-31 Source
  • Revenue: 114915000 USD · 2025-01-01 – 2025-09-30 Source
  • Revenue: 38910000 USD · 2026-01-01 – 2026-03-31 Source
  • Revenue: 37841000 USD · 2026-04-01 – 2026-06-30 Source

Net income

-7.47 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Net income: -1961000 USD · 2025-07-01 – 2025-09-30 Source
  • Net income: -11047000 USD · 2025-01-01 – 2025-12-31 Source
  • Net income: -6718000 USD · 2025-01-01 – 2025-09-30 Source
  • Net income: -2249000 USD · 2026-01-01 – 2026-03-31 Source
  • Net income: 1067000 USD · 2026-04-01 – 2026-06-30 Source

Operating cash flow

40.6 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Operating cash flow: 39150000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 26598000 USD · 2025-01-01 – 2025-06-30 Source
  • Operating cash flow: 42697000 USD · 2025-01-01 – 2025-12-31 Source
  • Operating cash flow: 39150000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 10770000 USD · 2026-01-01 – 2026-03-31 Source
  • Operating cash flow: 24543000 USD · 2026-01-01 – 2026-06-30 Source
  • Operating cash flow: 10770000 USD · 2026-01-01 – 2026-03-31 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-08-05.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 10 of 11 periods available· newest 2025-12-31
  • Operating income: 4 of 11 periods available· newest 2018-12-31
  • Net income: 11 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 11 of 11 periods available· newest 2025-12-31
  • capital expenditure: No compatible figures in this window
  • Total assets: 10 of 11 periods available· newest 2025-12-31
  • Total liabilities: 10 of 11 periods available· newest 2025-12-31
  • current assets: No compatible figures in this window
  • current liabilities: No compatible figures in this window
  • Cash and cash equivalents: 10 of 11 periods available· newest 2025-12-31
  • Long-term debt including current maturities: 10 of 11 periods available· newest 2025-12-31
  • Shares outstanding: 10 of 11 periods available· newest 2025-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +2.2%

    Prior period

    USD 150.21 million

    –

    Current period

    USD 153.58 million

    –

    Exact inputs and evidence

    153581000 − 150205000 = 3376000 USD

    150205000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    153581000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Net income

    +USD 3.93 million

    Prior period

    −USD 14.98 million

    –

    Current period

    −USD 11.05 million

    –

    Exact inputs and evidence

    -11047000 − -14978000 = 3931000 USD

    -14978000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    -11047000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Operating cash flow

    -1.4%

    Prior period

    USD 43.29 million

    –

    Current period

    USD 42.7 million

    –

    Exact inputs and evidence

    42697000 − 43292000 = -595000 USD

    43292000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    42697000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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Comparable inputs unavailable for: Capital expenditure.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue USD 153.58 million 100% of revenue
  • Operating costs Derived Unavailable An input is unavailable.
  • Operating income Unavailable An input is unavailable.
  • Tax, interest and other Derived Unavailable An input is unavailable.
  • Net income −USD 11.05 million −7.2% of revenue

Cash

  • Operating cash flow USD 42.7 million 28% of revenue
  • Capital expenditure Unavailable An input is unavailable.
  • Free cash flow Derived Unavailable An input is unavailable.

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2016 Net loss: net income was −6.6% of revenue.
  • 2017 Net loss: net income was −15% of revenue.
  • 2018 Net loss: net income was −18% of revenue.
  • 2019 Not shown: operating income or net income is not reported.
  • 2020 Not shown: operating income or net income is not reported.
  • 2021 Not shown: operating income or net income is not reported.
  • 2022 Not shown: operating income or net income is not reported.
  • 2023 Not shown: operating income or net income is not reported.
  • 2024 Not shown: operating income or net income is not reported.
  • 2025 Not shown: operating income or net income is not reported.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2016 2016-01-01 – 2016-12-31121498000 108454000 Derived 13044000 21005000 Derived -7961000 Unavailable
Source
2017 2017-01-01 – 2017-12-31129157000 123845000 Derived 5312000 24414000 Derived -19102000 Unavailable
Source
2018 2018-01-01 – 2018-12-31128701000 110691000 Derived 18010000 41286000 Derived -23276000 Unavailable
Source
2019 2019-01-01 – 2019-12-31128908000 UnavailableUnavailableUnavailable-11420000 Unavailable
Source
2020 2020-01-01 – 2020-12-31115689000 UnavailableUnavailableUnavailable-10388000 Unavailable
Source
2021 2021-01-01 – 2021-12-31119140000 UnavailableUnavailableUnavailable-2503000 Unavailable
Source
2022 2022-01-01 – 2022-12-31133646000 UnavailableUnavailableUnavailable-12618000 Unavailable
Source
2023 2023-01-01 – 2023-12-31149972000 UnavailableUnavailableUnavailable-15123000 Unavailable
Source
2024 2024-01-01 – 2024-12-31150205000 UnavailableUnavailableUnavailable-14978000 Unavailable
Source
2025 2025-01-01 – 2025-12-31153581000 UnavailableUnavailableUnavailable-11047000 Unavailable
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 153.6M 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.165.9M124.4M82.9M41.5M0.0201620212025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Revenue121498000
2017Revenue129157000
2018Revenue128701000
2019Revenue128908000
2020Revenue115689000
2021Revenue119140000
2022Revenue133646000
2023Revenue149972000
2024Revenue150205000
2025Revenue153581000

Revenue growth

Change in revenue from the same financial period one year earlier.

2.2% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.14.0%7.5%1.0%-5.5%-12.1%201620212025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2016Year over yearNo prior comparable period
2017Year over year6.3%
2018Year over year-0.4%
2019Year over year0.2%
2020Year over year-10.3%
2021Year over year3%
2022Year over year12.2%
2023Year over year12.2%
2024Year over year0.2%
2025Year over year2.2%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 14% 2018
Net margin -7.2% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.16.6%7.3%-2.0%-11.3%-20.7%20162021-12-312025-12-31
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2016Operating margin10.7%
2017Operating margin4.1%
2018Operating margin14%
2019-12-31Operating marginNot reported
2020-12-31Operating marginNot reported
2021-12-31Operating marginNot reported
2022-12-31Operating marginNot reported
2023-12-31Operating marginNot reported
2024-12-31Operating marginNot reported
2025-12-31Operating marginNot reported
2016Net margin-6.6%
2017Net margin-14.8%
2018Net margin-18.1%
2019Net margin-8.9%
2020Net margin-9%
2021Net margin-2.1%
2022Net margin-9.4%
2023Net margin-10.1%
2024Net margin-10%
2025Net margin-7.2%
2016Free cash flow marginNot reported
2017Free cash flow marginNot reported
2018Free cash flow marginNot reported
2019Free cash flow marginNot reported
2020Free cash flow marginNot reported
2021Free cash flow marginNot reported
2022Free cash flow marginNot reported
2023Free cash flow marginNot reported
2024Free cash flow marginNot reported
2025Free cash flow marginNot reported

Operating cash flow

Cash generated by the company’s normal business operations.

USD 42.7M 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.54.9M41.2M27.5M13.7M0.0201620212025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Operating cash flow36203000
2017Operating cash flow50871000
2018Operating cash flow45051000
2019Operating cash flow46763000
2020Operating cash flow37140000
2021Operating cash flow48150000
2022Operating cash flow44787000
2023Operating cash flow39401000
2024Operating cash flow43292000
2025Operating cash flow42697000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

Not enough comparable data to show this history.
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Free cash flowUnavailable
2017Free cash flowUnavailable
2018Free cash flowUnavailable
2019Free cash flowUnavailable
2020Free cash flowUnavailable
2021Free cash flowUnavailable
2022Free cash flowUnavailable
2023Free cash flowUnavailable
2024Free cash flowUnavailable
2025Free cash flowUnavailable

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

73.9% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.80%60%40%20%0%201620212025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2016Liabilities / assets51.8%
2017Liabilities / assets57%
2018Liabilities / assets60.8%
2019Liabilities / assets63.3%
2020Liabilities / assets62.2%
2021Liabilities / assets61.1%
2022Liabilities / assets67.8%
2023Liabilities / assets69.6%
2024Liabilities / assets71.5%
2025Liabilities / assets73.9%

Current assets to current liabilities

Current assets divided by current liabilities.

Not enough comparable data to show this history.
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2016-12-31Current assets / current liabilitiesNot reportedNo source recorded
2017-12-31Current assets / current liabilitiesNot reportedNo source recorded
2018-12-31Current assets / current liabilitiesNot reportedNo source recorded
2019-12-31Current assets / current liabilitiesNot reportedNo source recorded
2020-12-31Current assets / current liabilitiesNot reportedNo source recorded
2021-12-31Current assets / current liabilitiesNot reportedNo source recorded
2022-12-31Current assets / current liabilitiesNot reportedNo source recorded
2023-12-31Current assets / current liabilitiesNot reportedNo source recorded
2024-12-31Current assets / current liabilitiesNot reportedNo source recorded
2025-12-31Current assets / current liabilitiesNot reportedNo source recorded

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2016 2016-01-01 – 2016-12-31
−USD 7.96 million
Exact value

Exact value: -7961000 USD

2016-01-01 – 2016-12-31: -7961000 USD Inspect Net Income Open source
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USD 36.2 million
Exact value

Exact value: 36203000 USD

2016-01-01 – 2016-12-31: 36203000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2017 2017-01-01 – 2017-12-31
−USD 19.1 million
Exact value

Exact value: -19102000 USD

2017-01-01 – 2017-12-31: -19102000 USD Inspect Net Income Open source
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USD 50.87 million
Exact value

Exact value: 50871000 USD

2017-01-01 – 2017-12-31: 50871000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2018 2018-01-01 – 2018-12-31
−USD 23.28 million
Exact value

Exact value: -23276000 USD

2018-01-01 – 2018-12-31: -23276000 USD Inspect Net Income Open source
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USD 45.05 million
Exact value

Exact value: 45051000 USD

2018-01-01 – 2018-12-31: 45051000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2019 2019-01-01 – 2019-12-31
−USD 11.42 million
Exact value

Exact value: -11420000 USD

2019-01-01 – 2019-12-31: -11420000 USD Inspect Net Income Open source
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USD 46.76 million
Exact value

Exact value: 46763000 USD

2019-01-01 – 2019-12-31: 46763000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2020 2020-01-01 – 2020-12-31
−USD 10.39 million
Exact value

Exact value: -10388000 USD

2020-01-01 – 2020-12-31: -10388000 USD Inspect Net Income Open source
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USD 37.14 million
Exact value

Exact value: 37140000 USD

2020-01-01 – 2020-12-31: 37140000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2021 2021-01-01 – 2021-12-31
−USD 2.5 million
Exact value

Exact value: -2503000 USD

2021-01-01 – 2021-12-31: -2503000 USD Inspect Net Income Open source
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USD 48.15 million
Exact value

Exact value: 48150000 USD

2021-01-01 – 2021-12-31: 48150000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2022 2022-01-01 – 2022-12-31
−USD 12.62 million
Exact value

Exact value: -12618000 USD

2022-01-01 – 2022-12-31: -12618000 USD Inspect Net Income Open source
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USD 44.79 million
Exact value

Exact value: 44787000 USD

2022-01-01 – 2022-12-31: 44787000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2023 2023-01-01 – 2023-12-31
−USD 15.12 million
Exact value

Exact value: -15123000 USD

2023-01-01 – 2023-12-31: -15123000 USD Inspect Net Income Open source
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USD 39.4 million
Exact value

Exact value: 39401000 USD

2023-01-01 – 2023-12-31: 39401000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2024 2024-01-01 – 2024-12-31
−USD 14.98 million
Exact value

Exact value: -14978000 USD

2024-01-01 – 2024-12-31: -14978000 USD Inspect Net Income Open source
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USD 43.29 million
Exact value

Exact value: 43292000 USD

2024-01-01 – 2024-12-31: 43292000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2025 2025-01-01 – 2025-12-31
−USD 11.05 million
Exact value

Exact value: -11047000 USD

2025-01-01 – 2025-12-31: -11047000 USD Inspect Net Income Open source
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USD 42.7 million
Exact value

Exact value: 42697000 USD

2025-01-01 – 2025-12-31: 42697000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

59 filings · 2,349 latest values · 2,349 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001528985, 1528985, INRE, ck1528985, edgar:1528985

Also known as Inland Core Assets Real Estate Trust, Inc., Inland Monthly Income Trust, Inc., Inland Real Estate Income Trust, Inc.