NYSE · Real estate

Modiv Industrial, Inc. (MDV)

Modiv Industrial, Inc. brought in $46.2M of revenue over the twelve months to June 30, 2026, down 1.8% from a year earlier. Net income was $7.5M, a net margin of 16.4%. At June 30, 2026 it held $21.6M in cash against $273.3M of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 11, 2026.

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Revenue (last 12 months)

$46.2M

-1.8% year on year

Net margin

16.4%

What Modiv Industrial, Inc. does

Modiv Industrial, Inc. is registered with the SEC under industry code SIC 6798 (Real Estate Investment Trusts). Its shares trade on NYSE under the ticker MDV.

Revenue and profit by year

Revenue

Net income

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

Key figures

Fiscal year	Revenue	Operating income	Net income	Diluted EPS	Free cash flow
2025	$46.4M	$15.8M	$1.1M	-$0.31	n/a
2024	$46.8M	$22M	$6M	$0.25	n/a
2023	$47.2M	$2.6M	-$6.6M	-$1.36	n/a
2022	$46.2M	$4.9M	-$3.3M	-$0.93	n/a
2021	$37.9M	-$1.5M	-$435.5K	-$0.20	n/a
2020	$38.6M	-$48.7M	-$49.1M	-$6.14	n/a

Full financial statements: income, balance sheet and cash flow

Where MDV ranks in Real estate

Revenue$46.4M

#163 of 195 in Real estate · Bottom 16%

Revenue growth-0.8%

#126 of 180 in Real estate · Bottom 30%

Net margin2.3%

#124 of 183 in Real estate · Bottom 32%

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

Modiv Industrial, Inc. declared $1.17 per share in fiscal 2025.

Fiscal year	Per share	Paid out	Of profit
2025	$1.17	n/a	n/a
2024	$1.15	n/a	n/a
2021	n/a	$3.5M	n/a
2020	$1.46	$5M	n/a
2019	$2.11	$4M	n/a
2018	$2.11	$1.7M	n/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 Modiv Industrial, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.

August 24, 2026
Deregistration 15-12G
August 12, 2026
Form S-8 POS filing S-8 POS
August 12, 2026
Form POS AM filing POS AM
August 12, 2026
Change in control 8-K
August 12, 2026
Delisting notice 25-NSE
August 11, 2026
Quarterly report 10-Q · period to June 30, 2026Revenue fell 1.2% to $11.7M versus the same quarter last year; diluted EPS $0.45 versus -$0.32.
August 11, 2026
Shareholder vote results 8-K
July 29, 2026
Form 425 filing 425
July 22, 2026
Form 425 filing 425
July 15, 2026
Form 425 filing 425

Recent insider filings (Forms 3, 4 and 144): 10, the latest on August 12, 2026. Insider transactions on SEC

Insider trades

What the people running Modiv Industrial, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.

Insiders bought $62.2K worth of shares on the open market in the last 90 days and sold none.

Bought (open market)

$62.2K

last 90 days

Sold

last 90 days

Net bought

3,586

$62.2K

Date	Insider	What	Shares	Price	Value	Filing
August 12, 2026	Halfacre Aaron ScottCEO and President, Director	Other change	137,830	-	-	Form 4
August 12, 2026	Raney John ConnorCFO, GC and Secretary	Other change	2,183	-	-	Form 4
August 12, 2026	Raney John ConnorCFO, GC and Secretary	Other change	400	$25.22	$10.1K	Form 4
August 12, 2026	Pacini Raymond JExecutive Vice President	Other change	115,581	-	-	Form 4
August 12, 2026	Smith Kimberly JDirector	Other change	18,368	-	-	Form 4
August 12, 2026	Tirondola ConnieDirector	Other change	15,174	-	-	Form 4
August 12, 2026	Gingras Christopher RaymondDirector	Other change	12,938	-	-	Form 4
August 12, 2026	Gingras Christopher RaymondDirector	Other change	2,292	$25.22	$57.8K	Form 4
August 12, 2026	Nolan Thomas H JrDirector	Other change	30,117	-	-	Form 4
August 12, 2026	Nolan Thomas H JrDirector	Other change	394	$25.22	$9.9K	Form 4
June 30, 2026	Halfacre Aaron ScottCEO and President, Director	Bought	2,253	$17.21	$38.8K	Form 4
June 30, 2026	Halfacre Aaron ScottCEO and President, Director	Bought	1,333	$17.55	$23.4K	Form 4
June 26, 2026	Halfacre Aaron ScottCEO and President, Director	Bought	4,766	$17.50	$83.4K	Form 4
June 26, 2026	Halfacre Aaron ScottCEO and President, Director	Bought	1,000	$17.45	$17.5K	Form 4

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

All filings on SEC EDGAR

Questions about MDV

What does Modiv Industrial, Inc. do?

Modiv Industrial, Inc. is registered with the SEC under industry code SIC 6798 (Real Estate Investment Trusts). Its shares trade on NYSE under the ticker MDV.

Is Modiv Industrial, Inc. profitable?

Yes. Over the twelve months to June 30, 2026 it reported net income of $7.5M on revenue of $46.2M, a net margin of 16.4%.

How much revenue does Modiv Industrial, Inc. make?

Over the twelve months to June 30, 2026 Modiv Industrial, Inc. reported revenue of $46.2M. That is 1.8% less than a year earlier.

When did Modiv Industrial, Inc. last report?

Its most recent periodic report is the quarterly report (10-Q) filed on August 11, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the deregistration from August 24, 2026.

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Where the numbers come from

Financial figures are the values Modiv Industrial, 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.