Rexford Industrial Realty Inc 2026年季度报告

FORM 10-Q (Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 For the quarterly period ended March31, 2026OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934For the transition period fromtoCommission File Number: 001-36008 Rexford Industrial Realty, Inc. (Exact name of registrant as specified in its charter) 46-2024407 Maryland(State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities Exchange Act of1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2)has been subject to suchfiling requirements for the past 90 days.Yes☑No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submitsuch files).Yes☑No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, oran emerging growth company. See definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growthcompany” in Rule 12b-2 of the Exchange Act. Large accelerated filerNon-accelerated filerEmerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with anynew or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☑ The number of shares of common stock outstanding at April24, 2026 was 225,718,119. REXFORD INDUSTRIAL REALTY, INC.QUARTERLY REPORT FOR THE THREE MONTHS ENDED MARCH31, 2026TABLE OF CONTENTS PARTIFINANCIAL INFORMATIONItem 1.Financial StatementsConsolidated Balance Sheets as of March 31, 2026 (unaudited)and December 31, 2025Consolidated Statements of Operations for the Three Months Ended March 31, 2026 and 2025(unaudited)Consolidated Statements of Comprehensive Income for the Three Months Ended March 31, 2026 and2025 (unaudited)Consolidated Statements of Changes in Equity for the Three Months Ended March 31, 2026 and 2025(unaudited)Consolidated Statements of Cash Flows for the Three Months Ended March 31, 2026 and 2025(unaudited)Notes to the Consolidated Financial StatementsItem 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations38Item 3.Quantitative and Qualitative Disclosures About Market Risk66Item 4.Controls and Procedures66PARTII.OTHER INFORMATIONItem 1.Legal Proceedings67Item 1A.Risk Factors67Item 2.Unregistered Sales of Equity Securities and Use of Proceeds67Item 3.Defaults Upon Senior Securities67Item 4.Mine Safety Disclosures67Item 5.Other Information68Item 6.Exhibits69Signatures70 REXFORD INDUSTRIAL REALTY, INC. REXFORD INDUSTRIAL REALTY, INC. Three Months Ended March 31,20262025REVENUESRental income$242,141$248,821Management and leasing services—142Interest income2,9373,324TOTAL REVENUES245,078252,287OPERATING EXPENSESProperty expenses56,76355,261General and administrative14,92519,868Depreciation and amortization72,93386,740TOTAL OPERATING EXPENSES144,621161,869OTHER (EXPENSES) INCOMEOther income1,350—Other expenses(102)(2,239)Interest expense(26,600)(27,288)Impairment of real estate(6,824)—Gains on sale of real estate26,28113,157TOTAL OTHER EXPENSES(5,895)(16,370)NET INCOME94,56274,048Less: net income attributable to noncontrolling interests(3,375)(2,849)NET INCOME ATTRIBUTABLE TO REXFORD INDUSTRIAL REALTY, INC.91,18771,199Less: preferred stock dividends(2,314)(2,314)Less: earnings allocated to participating securities(1,008)(539)NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS$87,865$68,346Net income attributable to common stockholders per share - basic and diluted$0.38$0.30Weighted average shares of common stock outstanding - basic and diluted228,312,419227,395,984 REXFORD INDUSTRIAL REALTY, INC. CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME(Unaudited and in thousands) The accompanying notes are an integral part of these consolidated financial statements. REXFORD INDUSTRIAL REALTY, INC. REXFORD INDUSTRIAL REALTY, INC. The accompanying notes are an integral part of these consolidated financial statements. CONSOLIDATED STATEMENTS OF CASH FLOWS(Unaudited and in thousands) REXFORD INDUSTRIAL REALTY, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS(Unaudited) 1.Organization Rexford Industrial Realty, Inc. is a self-administered and self-managed full-service real estate investment trust (“REIT”) focused onowning and o