ILPT Q2 loss narrows to $14.5 million; normalized FFO rises 48% to $0.31 per share
ILPT reported second quarter 2026 results, with a net loss attributable to common shareholders of $14.5 million, or $0.22 per diluted share, compared with a $21.3 million loss a year earlier. Normalized FFO rose to $20.8 million, or $0.31 per diluted share, and the company set full-year 2026 normalized FFO per share guidance of $1.31 to $1.39. The company also doubled its quarterly distribution to $0.10 per share, a change that matters to shareholders.
Key points
- Net loss attributable to common shareholders was $14.5 million, or $0.22 per diluted share, versus a $21.3 million loss in the second quarter of 2025
- Normalized FFO attributable to common shareholders was $20.8 million, or $0.31 per diluted share, versus $0.21 a year earlier
- Portfolio occupancy reached 99.1%, with about 5.4 million square feet leased at a weighted average rent increase of 35.4%
- Quarterly distribution increased to $0.10 per share from $0.05, payable on or about August 13, 2026
The filing
Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 29, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.