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Inland Real Estate Income Trust, Inc. (INRE)

Inland Real Estate Income Trust, Inc. brought in $153.4M of revenue over the twelve months to June 30, 2026, up 0.8% from a year earlier. It posted a net loss of $7.5M. Operating cash flow minus capital spending left $20.7M of free cash flow in fiscal 2025. At June 30, 2026 it held $10.8M in cash against $806.4M of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 5, 2026.

Watch INRE in 60 seconds
Price
$9.30
-2.15% on the day · September 23, 2026
52-week range $0.00 to $12.11
Market cap
$334.8M
Revenue (last 12 months)
$153.4M
+0.8% year on year
Net margin
-4.9%

What Inland Real Estate Income Trust, Inc. does

Inland Real Estate Income Trust, Inc. is registered with the SEC under industry code SIC 6798 (Real Estate Investment Trusts). Its shares trade on OTC under the ticker INRE.

Revenue and profit by year

Revenue
FY18: $128.7M $128.7M FY18FY19: $128.9M $128.9M FY19FY20: $115.7M $115.7M FY20FY21: $119.1M $119.1M FY21FY22: $133.6M $133.6M FY22FY23: $150M $150M FY23FY24: $150.2M $150.2M FY24FY25: $153.6M $153.6M FY25
Net income
FY18: -$23.3M -$23.3M FY18FY19: -$11.4M -$11.4M FY19FY20: -$10.4M -$10.4M FY20FY21: -$2.5M -$2.5M FY21FY22: -$12.6M -$12.6M FY22FY23: -$15.1M -$15.1M FY23FY24: -$15M -$15M FY24FY25: -$11M -$11M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$153.6Mn/a-$11M-$0.31$20.7M
2024$150.2Mn/a-$15M-$0.41$29.4M
2023$150Mn/a-$15.1M-$0.42$29.1M
2022$133.6Mn/a-$12.6M-$0.35$32.4M
2021$119.1Mn/a-$2.5M-$0.07$42.3M
2020$115.7Mn/a-$10.4M-$0.29$33.1M

Full financial statements: income, balance sheet and cash flow

Next report expected around November 5, 2026.

Estimated from its filing rhythm: 52 weeks after its report of November 6, 2025. Not a date the company has announced. See the report calendar

Where INRE ranks in Real estate

Revenue$153.6M
#139 of 230 in Real estate · Bottom 40%
Revenue growth+2.2%
#123 of 205 in Real estate · Bottom 40%
Net margin-7.2%
#157 of 208 in Real estate · Bottom 25%
Free cash flow margin13.5%
#56 of 116 in Real estate · Top 48%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Real estate

Dividends

Inland Real Estate Income Trust, Inc. declared $0.54 per share in fiscal 2025. At the current price that is a yield of 5.83%. It paid out $19.6M in cash dividends.

Fiscal yearPer sharePaid outOf profit
2025$0.54$19.6Mn/a
2024$0.54$19.6Mn/a
2023$0.54$19.6Mn/a
2022$0.54$19.6Mn/a
2021$0.41$9.8Mn/a
2020$0.23$10.8Mn/a

Per share as declared (or paid, where only that is reported), adjusted for stock splits the company itself restated. Yield is the latest fiscal year's dividend over the current price.

Latest SEC filings

What Inland Real Estate Income Trust, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. September 24, 2026
  2. September 24, 2026
  3. September 21, 2026
  4. September 16, 2026
  5. September 16, 2026
  6. August 5, 2026
    Quarterly report 10-Q · period to June 30, 2026Revenue fell 0.7% to $37.8M versus the same quarter last year; diluted EPS $0.03 versus -$0.06.
  7. June 29, 2026
  8. May 6, 2026
    Quarterly report 10-Q · period to March 31, 2026Revenue was flat at $38.9M versus the same quarter last year; diluted EPS -$0.06 versus -$0.07.
  9. March 30, 2026
  10. March 23, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on May 21, 2026. Insider transactions on SEC

What is INRE worth? A DCF from its reported cash flow

Insider trades

What the people running Inland Real Estate Income Trust, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.

No insider trades were reported in the last 90 days.

Bought (open market)
$0
last 90 days
Sold
$0
last 90 days
DateInsiderWhatSharesPriceValueFiling
May 20, 2026 Kyriazis JerryChief Financial Officer Bought 276 $16.89 $4.7K Form 4
December 17, 2025 Daniels Lee ADirector Received as pay 2,368 - - Form 4
December 17, 2025 Henry GwenDirector Received as pay 2,368 - - Form 4
December 17, 2025 Michael Bernard JDirector Received as pay 2,368 - - Form 4
December 17, 2025 Davis Stephen LDirector Received as pay 2,368 - - Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns INRE

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

We have not read this company's Schedule 13D and 13G filings yet.

Largest institutional holders

No Form 13F positions imported for this company yet.

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

5 insiders reported holding 51,670 shares in total, about $480.3K at the last price.

HolderSharesAs of
Daniels Lee ADirector 14,346 December 17, 2025
Henry GwenDirector 12,672 December 17, 2025
Davis Stephen LDirector 12,200 December 17, 2025
Michael Bernard JDirector 12,177 December 17, 2025
Kyriazis JerryChief Financial Officer 276 May 20, 2026

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about INRE

What does Inland Real Estate Income Trust, Inc. do?

Inland Real Estate Income Trust, Inc. is registered with the SEC under industry code SIC 6798 (Real Estate Investment Trusts). Its shares trade on OTC under the ticker INRE.

Is Inland Real Estate Income Trust, Inc. profitable?

No. Over the twelve months to June 30, 2026 it reported a net loss of $7.5M on revenue of $153.4M.

How much revenue does Inland Real Estate Income Trust, Inc. make?

Over the twelve months to June 30, 2026 Inland Real Estate Income Trust, Inc. reported revenue of $153.4M. That is 0.8% more than a year earlier.

When did Inland Real Estate Income Trust, Inc. last report?

Its most recent periodic report is the quarterly report (10-Q) filed on August 5, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the additional proxy material from September 24, 2026.

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Where the numbers come from

Financial figures are the values Inland Real Estate Income Trust, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.