Industrial Logistics Properties Trust (ILPT) Financial Statements & Analysis

Industrial Logistics Properties Trust (ILPT) Income Statement

Industrial Logistics Properties Trust reported revenue of $448.85M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 1.5% from $442.32M a year earlier. Industrial Logistics Properties Trust posted a net loss of $66.19M, compared with a net loss of $95.67M a year earlier. Gross margin was 86.3% and operating margin 33.0%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $114.12M, up 1.8% from the same quarter a year earlier.

Industrial Logistics Properties Trust Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Industrial Logistics Properties Trust income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	448.85	442.32	437.34	388.15	219.87	254.58	229.23	162.53	156.51
Cost of Revenue	61.68	62.56	60.05	50.62	30.13	54.77	30.37	19.34	17.87
Gross Profit	387.17	379.76	377.29	337.53	189.74	199.81	198.87	143.19	138.64
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	36.96	30.45	31.16	32.88	16.72	0.20	17.19	11.31	16.80
Operating Expenses	239.24	240.99	248.08	224.71	86.00	0.20	96.76	52.89	55.03
Operating Income	147.93	138.77	128.76	11.48	103.74	199.61	102.11	90.30	82.59
Other Income/Expense
Interest Income	6.72	11.43	8.81	3.98	40.92	0.11	0.74	0.20	0.00
Interest Expense	264.56	292.54	288.54	280.05	35.63	51.62	50.85	16.08	2.44
Other Income/Expense	-12.53	-275.78	-278.37	-298.28	10.92	-118.13	-49.44	-15.88	-2.44
Income
Income Before Tax	-122.45	-142.34	-149.62	-286.80	79.04	81.48	52.67	74.42	80.15
Income Tax Expense	0.10	0.16	0.10	0.05	0.27	0.28	0.17	0.03	0.04
Net Income	-66.19	-95.67	-107.99	-226.72	119.68	82.07	52.50	74.39	80.10
Net Income - Continuous Operations	-102.57	-137.17	-107.99	-226.72	119.68	82.07	52.50	74.39	80.10
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	307.34	322.19	304.11	267.03	165.26	176.74	162.49	119.08	109.90
EBIT	142.11	150.20	128.91	112.23	114.66	-	-	-	-
Depreciation & Amortization	165.23	171.99	175.20	154.81	50.60	68.39	59.64	27.37	26.17
Earnings Per Share
Basic EPS	-1.00	-1.00	-2.00	-3.00	2.00	1.00	1.00	1.00	1.00
Diluted EPS	-1.00	-1.00	-2.00	-3.00	2.00	1.00	1.00	1.00	1.00
Basic Shares Outstanding	66.01	65.70	65.43	65.25	65.17	65.10	65.05	64.14	65.00
Diluted Shares Outstanding	66.01	65.70	65.43	65.25	65.21	65.11	65.06	64.14	65.00

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Industrial Logistics Properties Trust Financial Statements

What was Industrial Logistics Properties Trust's revenue in fiscal 2025?

Industrial Logistics Properties Trust reported revenue of $448.85M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 1.5% from $442.32M a year earlier.

Is Industrial Logistics Properties Trust profitable?

No. Industrial Logistics Properties Trust reported a net loss of $66.19M in fiscal 2025. In fiscal 2024 it lost $95.67M.

What is Industrial Logistics Properties Trust's operating margin?

Industrial Logistics Properties Trust's operating income was $147.93M on revenue of $448.85M in fiscal 2025, an operating margin of 33.0%, compared with 31.4% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition