Rexford Industrial Q2 GAAP net loss widens to $523.81 million; core FFO/share rises 6.8% to $0.63 year over year - REXR News | RalliesRexford Industrial Q2 GAAP net loss widens to $523.81 million; core FFO/share rises 6.8% to $0.63 year over year
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REXR• Updated 2026 outlook
- Rexford Industrial raised its 2026 core FFO per diluted share outlook to $2.38-$2.43.
- The company lifted planned dispositions to $1.5 billion-$2 billion and cut G&A guidance to about $57 million.
Q2 results and operating metrics
- Rexford Industrial Realty posted a GAAP net loss of $523.81 million for Q2 2026, swinging from net income of $120.39 million a year earlier.
- Non-GAAP core FFO rose 1.54% to $150.02 million, lifting core FFO per diluted share 6.78% to $0.63.
- Non-GAAP NOI edged up 0.27% to $186.78 million, while cash NOI slipped 0.32% to $173.01 million.
- Average same-property occupancy was 96% in Q2; ending occupancy fell 110 basis points from Q1 to 95.1%.
