Terreno Realty Corp(TRNO)— Stock Profile, AI Score & Financials
Real Estate · NYSE · AI-powered stock analysis, 32-signal quality score, SEC EDGAR financials, and institutional holdings. Updated .
Terreno Realty Corp (TRNO) stock profile, AI quality score, and SEC EDGAR financial data, a Real Estate sector company. 13F Pro's AI-powered ranking engine scores TRNO at 69.5/100 on a 32-signal composite quality model, placing it at rank #256 of 2,960 stocks — the top 10% of the AI-ranked universe. TRNO scores in the top quartile across profitability (99.2), free cash flow (96.7), revenue growth (81.2). Areas of concern include earnings quality (25.5) and revenue scale (37.3), which score below median versus the broader universe. Shareholder dilution risk is elevated at 29.0/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), Terreno Realty Corp reports quarterly revenue of $124.7M, net income of $57.6M, an operating margin of 46.2%. Top institutional holders of TRNO by reported 13-F value include BlackRock, FMR, VANGUARD PORTFOLIO MANAGEMENT, based on the most recent SEC filings. TRNO trades on the NYSE exchange and files with the SEC under CIK 1476150. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate TRNO daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Terreno Realty Corp directly from SEC EDGAR.
AI Quality Score
69.5/100
AI Rank
#256
Revenue
$124.7M
Net Income
$57.6M
Operating Margin
46.2%
TRNO key financials by period
Terreno Realty Corp reported revenue, net income and margins by fiscal period, from SEC filings.
Period
Form
Revenue
Net income
Operating margin
FY 2025
10-K
$476.4M
$403.0M
—
FY 2024
10-K
$382.6M
$184.5M
—
FY 2023
10-K
$323.6M
$151.5M
—
FY 2022
10-K
$276.2M
$198.0M
—
FY 2021
10-K
$221.9M
$87.3M
—
FY 2020
10-K
$186.9M
$79.8M
—
Institutions holding TRNO
Institutional investors reporting a position in Terreno Realty Corp on SEC Form 13F.
AI-extracted from the 10-Q filed 2026-08-05 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Terreno grew Q2 revenue 11.1% YoY to $124.7M on same-store NOI growth and 2025 acquisitions, while gain on property sales fell 78% YoY, dragging net income down 38.3% to $57.6M.
Biggest Revenue Drivers
Same store operating properties$109.4M+5.4% YoY
Rental revenue plus tenant expense reimbursements from the 280-building same-store pool, driven by higher rents on new/renewed leases and contractual rent increases
Biggest Revenue Drivers
Total revenue: $124.7M+11% YoY
Same store operating properties$109.4M+5.4% YoY
Rental revenue plus tenant expense reimbursements from the 280-building same-store pool, driven by higher rents on new/renewed leases and contractual rent increases
Largest Expense Items
Property operating expenses$29.6M+6.1% YoY
Increase attributable to property acquisitions during 2025 and higher real estate taxes, partially offset by 2026 dispositions
Depreciation and amortization$29.2M+4.0% YoY
Primarily due to property acquisitions during 2026 and 2025, partially offset by dispositions
General and administrative$13.8M+12.0% YoY
Increased compensation expense, including higher restricted stock amortization and salaries
Margins: Net operating income rose 12.8% YoY to $95.1M, with same-store NOI up 6.7% on cash rent increases of 27.7% on new/renewed leases, but net income fell 38.3% because a $54.6M prior-year gain on property sales shrank to $12.0M this quarter.
Watch Items from the Filing
New York City/Northern New Jersey market represents approximately 25.6% of total annualized base rent, the company's largest single-market concentration.
Gain on sales of real estate investments fell from $54.6M to $12.0M YoY, a swing that accounts for most of the quarter's net income decline.
Floating rate debt rose to 42.2% of total debt as of June 30, 2026 (vs. 26.9% a year earlier), after $200M in additional term loan borrowings, above the company's long-term target of under 20%.
Tenant retention ratio for the operating portfolio was only 55.6% for the quarter, though re-leasing spreads remained strong at +27.7% on new/renewed leases.
Largest customer, Amazon.com, accounts for only 5.3% of total annualized base rent, with no tenant exceeding 10% concentration.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
