Rexford Industrial Q1 net income $87.9M; raises full-year Core FFO guidance; new $500M buyback

Rexford Industrial Realty, Inc.

2026-Q1 EPS reported $0.38 revenue$245,078,000

Q1 net income $87.9M ($0.38 diluted EPS) vs $68.3M ($0.30) YoY; Core FFO $0.61/diluted share, down 1.6% YoY.
Total Portfolio NOI fell 4.2% YoY, but Same Property NOI up 0.9% (Cash NOI -0.4%).
Repurchased 5.5M shares for $200M at $36.14; new $500M buyback authorized through April 2028.
Laura Clark appointed CEO, John Nahas COO effective Apr 1 as part of succession plan.
Raised FY 2026 Core FFO guidance to $2.37-$2.42 per diluted share from $2.35-$2.40.

item 2.02 item 5.05 item 7.01 item 9.01

Machine-readable event card

schema_version: secwatch.filing_event.v1
accession: 0001571283-26-000017
form_type: 8-K
ticker: REXR
cik: 0001571283
company_name: Rexford Industrial Realty, Inc.
filed_at: 2026-04-23T23:59:59+00:00
discovered_at: 2026-05-14T18:02:32.492476+00:00
generated_at: 2026-05-15T04:32:02.486448+00:00
sec_items: ["2.02", "5.05", "7.01", "9.01"]
event_type: earnings
sentiment: positive
materiality_score: 0.75
confidence: high
secwatch_canonical_url: https://secwatch.observer/filing/0001571283-26-000017
json_url: https://secwatch.observer/filing/0001571283-26-000017.json
markdown_url: https://secwatch.observer/filing/0001571283-26-000017.md
text_url: https://secwatch.observer/filing/0001571283-26-000017.txt
edgar_index_url: https://www.sec.gov/Archives/edgar/data/1571283/000157128326000017/0001571283-26-000017-index.htm
edgar_primary_document_url: https://www.sec.gov/Archives/edgar/data/1571283/000157128326000017/rexr-20260421.htm
generated_by_model: deepseek-v4-flash:cloud@v2
review_status: machine_generated
human_reviewed: false
corrected: false
correction_note: null
correction_timestamp: null
superseded_by: null

JSON Markdown Plain text

Source: SEC EDGAR

accession 0001571283-26-000017

view filing index on sec.gov

view primary document

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.