LXP Industrial Trust income statement
In fiscal 2025, LXP Industrial Trust reported revenue of $350m, down 2.3% on the year before and net income of $113m, or $1.82 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 429 | 393 | 397 | 326 | 330 | 344 | 321 | 341 | 358 | 350 | 352 |
| Cost of revenue | — | — | — | — | — | 47 | 55 | 58 | 61 | 64 | 65 |
| Gross profit | — | — | — | — | — | 297 | 266 | 282 | 298 | 286 | 286 |
| General and administrative | 31 | 34 | 32 | 31 | 30 | 35 | 39 | 36 | 40 | 40 | 39 |
| Interest expense | 88 | 78 | 80 | 65 | 55 | 47 | 45 | 46 | 66 | 63 | 54 |
| Income before tax | 90 | 89 | 231 | 284 | 188 | 387 | 101 | 35 | 46 | 123 | 127 |
| Income tax | 1 | 2 | 2 | 1 | 2 | 1 | 1 | 0 | 0 | 0 | 0 |
| Net income | 96 | 86 | 227 | 280 | 183 | 383 | 114 | 30 | 45 | 113 | 121 |
| Diluted EPS | $1.85 | $1.65 | $4.65 | $5.75 | $3.30 | $6.70 | $1.90 | $0.41 | $0.65 | $1.82 | $2.06 |
| Diluted shares (average) | 48m | 48m | 48m | 48m | 54m | 57m | 56m | 58m | 58m | 59m | 58m |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 101 | 89 | 88 | 87 | 87 | 86 | 88 | 91 |
| Cost of revenue | 15 | 17 | 16 | 15 | 16 | 17 | 16 | 16 |
| Gross profit | 86 | 72 | 72 | 72 | 71 | 69 | 72 | 74 |
| General and administrative | 10 | 10 | 10 | 9 | 11 | 10 | 10 | 9 |
| Interest expense | 16 | 16 | 16 | 16 | 14 | 13 | 13 | 13 |
| Income before tax | 32 | 19 | 30 | 44 | 30 | 2 | 1 | 93 |
| Income tax | −0 | 0 | 0 | 0 | −0 | 0 | 0 | 0 |
| Net income | 33 | 19 | 29 | 36 | 29 | −0 | 0 | 92 |
| Diluted EPS | $0.63 | $0.30 | $0.47 | $0.59 | $0.46 | −$0.03 | −$0.03 | $1.54 |
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