InvenTrust Properties Corp's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), InvenTrust Properties Corp reported net income of $111.4M (+715.8% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Lease income, net | $297.5M | $272.4M | $257.1M | $233.0M |
| Other property income and Other fee income | $1.7M | $1.5M | $1.5M | $3.7M |
| Total income | $299.2M | $274.0M | $258.7M | $236.7M |
| Depreciation and amortization | $128.5M | $113.9M | $113.4M | $95.0M |
| Property operating | $46.6M | $43.4M | $42.8M | $40.2M |
| Real estate taxes | $37.7M | $36.4M | $34.8M | $32.9M |
| General and administrative | $34.9M | $33.2M | $31.8M | $33.3M |
| Total operating expenses | $247.8M | $227.0M | $222.9M | $201.5M |
| Interest expense, net | ($34.5M) | ($37.1M) | ($38.1M) | ($26.8M) |
| Loss on extinguishment of debt | $0 | $0 | ($15.0K) | ($181.0K) |
| Impairment of real estate assets | $0 | ($3.9M) | — | — |
| Gain on sale of investment properties, net | $91.0M | $3.9M | $2.7M | $38.2M |
| Equity in losses of unconsolidated entities | $0 | $0 | ($557.0K) | $3.7M |
| Other income and expense, net | $3.6M | $3.8M | $5.5M | $2.0M |
| Total other (expense) income, net | $60.0M | ($33.3M) | ($30.5M) | $17.0M |
| Weighted-average common shares outstanding, basic (in shares) | 77.6M | 70.4M | 67.5M | 67.4M |
| Weighted-average common shares outstanding, diluted (in shares) | 78.3M | 71.0M | 67.8M | 67.5M |
| Net income per common share - basic (in dollars per share) | $1.44 | $0.19 | $0.08 | $0.77 |
| Net income per common share - diluted (in dollars per share) | $1.42 | $0.19 | $0.08 | $0.77 |
| Net income | $111.4M | $13.7M | $5.3M | $52.2M |
| Unrealized (loss) gain on derivatives | ($807.0K) | $9.0M | $6.2M | $32.1M |
| Reclassification to net income | ($8.9M) | ($12.7M) | — | — |
| Comprehensive income (loss) | $101.8M | $10.0M | — | $83.3M |
| Line item | Jun 30, 2026 · Q2 | Mar 31, 2026 · Q1 | Sep 30, 2025 · Q3 | Jun 30, 2025 · Q2 |
|---|---|---|---|---|
| Lease income, net | $82.3M | $82.1M | $74.0M | $73.1M |
| Other property income | $487.0K | $471.0K | $447.0K | $421.0K |
| Total income | $82.8M | $82.6M | $74.5M | $73.6M |
| Depreciation and amortization | $38.7M | $36.4M | $32.7M | $30.7M |
| Property operating | $12.7M | $12.0M | $11.1M | $11.5M |
| Real estate taxes | $9.9M | $9.9M | $9.0M | $10.2M |
| General and administrative | $8.9M | $9.3M | $8.3M | $8.7M |
| Total operating expenses | $70.2M | $67.6M | $61.2M | $61.1M |
| Interest expense, net | ($11.3M) | ($10.1M) | ($9.0M) | ($8.3M) |
| Gain on sale of investment properties | $0 | — | $52.0K | $90.9M |
| Other income and expense, net | $29.0K | $315.0K | $1.6M | $942.0K |
| Total other (expense) income, net | ($11.3M) | ($9.8M) | ($7.3M) | $83.5M |
| Weighted-average common shares outstanding - basic (in shares) | 78.0M | 77.9M | 77.6M | 77.6M |
| Weighted-average common shares outstanding - diluted (in shares) | 78.8M | 78.4M | 78.5M | 78.3M |
| Net income per common share - basic (in dollars per share) | $0.02 | $0.07 | $0.08 | $1.24 |
| Net income per common share - diluted (in dollars per share) | $0.02 | $0.07 | $0.08 | $1.23 |
| Net income | $1.4M | $5.2M | $6.0M | $95.9M |
| Unrealized (loss) gain on derivatives, net | ($1.5M) | $2.8M | ($1.0M) | ($43.0K) |
| Reclassification to net income | $4.8M | ($1.6M) | ($2.3M) | ($2.3M) |
| Comprehensive income | $4.7M | $6.4M | $2.7M | $93.6M |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Land | $702.1M | $712.8M | $694.7M | $650.8M |
| Building and other improvements | $2.3B | $2.1B | $2.0B | $1.8B |
| Construction in progress | $7.5M | $10.0M | $5.9M | $5.0M |
| Total | $3.0B | $2.8B | $2.7B | $2.5B |
| Less accumulated depreciation | ($525.8M) | ($512.0M) | ($461.4M) | ($389.4M) |
| Net investment properties | $2.5B | $2.3B | $2.2B | $2.1B |
| Cash, cash equivalents, and restricted cash | $40.5M | $91.2M | $99.8M | $137.8M |
| Intangible assets, net | $194.0M | $137.4M | $114.5M | $101.2M |
| Accounts and rents receivable | $37.5M | $36.1M | $35.4M | $34.5M |
| Deferred costs and other assets, net | $37.1M | $44.3M | $42.4M | $51.1M |
| Total assets | $2.8B | $2.6B | $2.5B | $2.5B |
| Debt, net | $825.9M | $740.4M | $814.6M | $754.6M |
| Accounts payable and accrued expenses | $48.3M | $46.4M | $44.6M | $42.8M |
| Distributions payable | $18.4M | $17.5M | $14.6M | $13.8M |
| Intangible liabilities, net | $68.5M | $42.9M | $30.3M | $29.7M |
| Other liabilities | $33.3M | $28.7M | $29.2M | $28.3M |
| Total liabilities | $994.4M | $875.9M | $933.3M | $869.1M |
| Preferred stock, $0.001 par value, 40,000,000 shares authorized, none outstanding | 0 | 0 | 0 | 0 |
| Common stock, $0.001 par value, 146,000,000 shares authorized, 77,691,533 shares issued and outstanding as of December 31, 2025 and 77,450,794 shares issued and outstanding as of December 31, 2024 | 78.0K | 77.0K | 68.0K | 67.0K |
| Additional paid-in capital | $5.7B | $5.7B | $5.5B | $5.5B |
| Distributions in excess of accumulated net income | ($3.9B) | ($4.0B) | ($3.9B) | ($3.9B) |
| Accumulated comprehensive income | $4.8M | $14.4M | $18.1M | $26.7M |
| Total stockholders' equity | $1.8B | $1.8B | $1.6B | $1.6B |
| Total liabilities and stockholders' equity | $2.8B | $2.6B | $2.5B | $2.5B |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Sep 30, 2025 | Jun 30, 2025 |
|---|---|---|---|---|
| Land | $745.2M | $719.7M | $682.6M | $641.3M |
| Building and other improvements | $2.5B | $2.4B | $2.2B | $2.0B |
| Construction in progress | $12.4M | $7.6M | $10.5M | $6.5M |
| Total | $3.2B | $3.1B | $2.9B | $2.7B |
| Less accumulated depreciation | ($570.9M) | ($547.0M) | ($504.6M) | ($483.7M) |
| Net investment properties | $2.7B | $2.6B | $2.4B | $2.2B |
| Cash, cash equivalents, and restricted cash | $74.9M | $34.4M | $76.4M | $294.0M |
| Intangible assets, net | $217.6M | $202.7M | $188.2M | $139.9M |
| Accounts and rents receivable | $39.6M | $36.5M | $39.5M | $35.2M |
| Deferred costs and other assets, net | $42.6M | $41.3M | $39.0M | $40.7M |
| Total assets | $3.0B | $2.9B | $2.7B | $2.7B |
| Debt, net | $1.1B | $952.2M | $764.6M | $746.3M |
| Accounts payable and accrued expenses | $46.6M | $29.2M | $50.5M | $44.1M |
| Distributions payable | $19.5M | $19.5M | $18.4M | $18.4M |
| Intangible liabilities, net | $75.8M | $73.9M | $60.2M | $48.3M |
| Other liabilities | $32.1M | $32.6M | $31.8M | $30.0M |
| Total liabilities | $1.3B | $1.1B | $925.6M | $887.2M |
| Preferred stock, $0.001 par value, 40,000,000 shares authorized, none outstanding | 0 | 0 | 0 | 0 |
| Common stock, $0.001 par value, 146,000,000 shares authorized, 77,966,461 shares issued and outstanding as of June 30, 2026 and 77,691,533 shares issued and outstanding as of December 31, 2025 | 78.0K | 78.0K | 78.0K | 78.0K |
| Additional paid-in capital | $5.7B | $5.7B | $5.7B | $5.7B |
| Distributions in excess of accumulated net income | ($4.0B) | ($4.0B) | ($3.9B) | ($3.9B) |
| Accumulated comprehensive income | $9.3M | $6.0M | $4.9M | $8.3M |
| Total stockholders' equity | $1.8B | $1.8B | $1.8B | $1.8B |
| Total liabilities and stockholders' equity | $3.0B | $2.9B | $2.7B | $2.7B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net income | $111.4M | $13.7M | $5.3M | — |
| Depreciation and amortization | $128.5M | $113.9M | $113.4M | $95.0M |
| Amortization of market-lease intangibles and inducements, net | ($4.4M) | ($2.8M) | ($3.3M) | ($5.6M) |
| Amortization of debt discounts and financing costs | $2.9M | $2.4M | $4.1M | $2.8M |
| Accretion of finance lease liability | $109.0K | — | — | — |
| Straight-line rent adjustments, net | ($3.7M) | ($3.4M) | ($3.5M) | ($2.6M) |
| Impairment of real estate assets | $0 | $3.9M | — | — |
| Provision for estimated credit losses | $1.0M | $430.0K | $1.1M | ($1.4M) |
| Loss on extinguishment of debt | $0 | $0 | $15.0K | $181.0K |
| Equity in losses of unconsolidated entities | $0 | $0 | $557.0K | ($3.7M) |
| Stock-based compensation, net | $10.9M | $9.9M | $9.0M | $6.5M |
| Accounts and rents receivable | ($1.7M) | $1.5M | $1.5M | ($999.0K) |
| Deferred costs and other assets, net | ($2.1M) | ($236.0K) | $91.0K | $317.0K |
| Accounts payable and accrued expenses | ($797.0K) | $511.0K | $2.1M | $8.4M |
| Other liabilities | $4.3M | $961.0K | $1.9M | $3.6M |
| Net cash provided by operating activities | $155.4M | $136.9M | $129.6M | $125.8M |
| Capital investments and leasing costs | ($44.5M) | ($36.1M) | ($27.3M) | ($19.4M) |
| Proceeds from the sale of investment properties, net | $299.5M | $65.1M | $12.6M | $77.5M |
| Distributions from unconsolidated entities | $0 | $0 | $0 | $9.3M |
| Other investing activities, net | $969.0K | ($1.4M) | $449.0K | ($1.2M) |
| Net cash used in investing activities | ($144.9M) | ($240.5M) | ($79.7M) | ($144.5M) |
| Payment of tax withholdings for stock-based compensation | ($3.9M) | ($2.6M) | ($1.6M) | ($1.6M) |
| Proceeds from sale of common stock | $0 | $265.7M | $5.2M | — |
| Proceeds from sale of common stock under ESPP | $488.0K | $280.0K | $235.0K | — |
| Payment of common stock offering costs | ($9.0K) | ($12.1M) | ($341.0K) | — |
| Distributions to stockholders | ($72.8M) | ($62.8M) | ($57.5M) | ($55.3M) |
| Proceeds from term loan | $400.0M | — | $0 | $0 |
| Repayment of term loan | ($400.0M) | — | $0 | $0 |
| Proceeds from line of credit | $68.0M | $10.0M | $30.0M | $112.0M |
| Repayments of line of credit | ($13.0M) | ($10.0M) | ($30.0M) | ($143.0M) |
| Payoffs of mortgage debt | ($35.9M) | ($88.2M) | ($33.7M) | ($47.1M) |
| Payment of mortgage principal | ($407.0K) | $0 | ($32.0K) | ($842.0K) |
| Payment of financing costs | ($3.6M) | ($5.3M) | ($175.0K) | ($2.4M) |
| Other financing activities | $0 | $0 | $20.0K | ($262.0K) |
| Net cash (used in) provided by financing activities | ($61.2M) | $95.1M | ($87.9M) | $111.6M |
| Net decrease in cash, cash equivalents, and restricted cash | ($50.7M) | ($8.5M) | ($38.0M) | $92.9M |
| Cash, cash equivalents, and restricted cash at beginning of year | $91.2M | $99.8M | $137.8M | $44.9M |
| Cash, cash equivalents, and restricted cash at end of year | $40.5M | $91.2M | $99.8M | $137.8M |
| Cash paid for interest, net of capitalized interest | $31.3M | $35.6M | $33.1M | $18.7M |
| Cash paid for income taxes, net of refunds | $659.0K | $530.0K | $209.0K | ($386.0K) |
| Previously held equity investments in real estate assets acquired | $0 | $0 | $39.6M | — |
| Distributions payable to stockholders | $18.4M | $17.5M | $14.6M | $13.8M |
| Accrued capital investments and leasing costs | $4.2M | $3.6M | $1.7M | — |
| Capitalized costs placed in service | $23.5M | $14.9M | $16.4M | $17.9M |
| Gross issuance of shares for share-based compensation | 10.9M | 7.7M | 4.6M | 6.2M |
| Line item | Jun 30, 2026 · YTD | Mar 31, 2026 · Q1 | Sep 30, 2025 · YTD | Jun 30, 2025 · YTD |
|---|---|---|---|---|
| Net income | $6.6M | $5.2M | $108.8M | $102.7M |
| Depreciation and amortization | $75.0M | $36.4M | $94.1M | $61.4M |
| Amortization of market-lease intangibles and inducements, net | ($4.0M) | ($2.3M) | ($3.2M) | ($2.0M) |
| Amortization of debt discounts and financing costs | $1.7M | $832.0K | $2.1M | $1.3M |
| Accretion of finance lease liability | $102.0K | $51.0K | $60.0K | $11.0K |
| Straight-line rent adjustments, net | ($2.2M) | ($1.2M) | ($2.9M) | ($1.7M) |
| Provision for estimated credit losses | $507.0K | $217.0K | $408.0K | $290.0K |
| Gain on sale of investment properties | $0 | — | ($91.0M) | ($90.9M) |
| Stock-based compensation, net | $5.6M | $2.8M | $8.2M | $5.5M |
| Accounts and rents receivable | ($491.0K) | $1.9M | ($2.6M) | $709.0K |
| Deferred costs and other assets, net | ($1.6M) | ($3.8M) | ($3.6M) | ($3.2M) |
| Accounts payable and accrued expenses | ($5.2M) | ($19.3M) | $926.0K | ($5.1M) |
| Other liabilities | ($1.9M) | ($713.0K) | $1.3M | ($189.0K) |
| Net cash provided by operating activities | $74.1M | $20.2M | $112.7M | $68.9M |
| Purchase of investment properties | ($250.3M) | ($122.2M) | ($323.3M) | ($97.4M) |
| Capital investments and leasing costs | ($14.0M) | ($6.1M) | ($30.5M) | ($18.1M) |
| Other investing activities, net | $73.0K | $79.0K | ($40.0K) | $1.3M |
| Net cash (used in) provided by investing activities | ($264.2M) | ($128.3M) | ($54.3M) | $185.2M |
| Payment of tax withholdings for stock-based compensation | ($5.6M) | ($5.6M) | ($2.4M) | ($2.4M) |
| Proceeds from sale of common stock under ESPP | $187.0K | $187.0K | $488.0K | $210.0K |
| Payment of common stock offering costs | ($40.0K) | ($40.0K) | ($9.0K) | — |
| Distributions to stockholders | ($37.9M) | ($18.4M) | ($54.4M) | ($36.0M) |
| Proceeds from revolving credit facility | $230.0M | $126.0M | $13.0M | $13.0M |
| Repayments of revolving credit facility | ($210.0M) | — | ($13.0M) | ($13.0M) |
| Proceeds from senior notes | $250.0M | — | — | — |
| Payoffs of mortgage debt | $0 | — | ($13.0M) | ($13.0M) |
| Payment of mortgage principal | ($384.0K) | ($194.0K) | ($219.0K) | ($95.0K) |
| Payment of financing costs | ($1.8M) | — | ($3.6M) | — |
| Net cash provided by (used in) financing activities | $224.5M | $101.9M | ($73.2M) | ($51.3M) |
| Net increase in cash, cash equivalents, and restricted cash | $34.4M | ($6.1M) | ($14.9M) | $202.8M |
| Cash, cash equivalents, and restricted cash at the beginning of the period | $40.5M | $40.5M | $91.2M | $91.2M |
| Cash, cash equivalents, and restricted cash at the end of the period | $74.9M | $34.4M | $76.4M | $294.0M |
| Cash paid for interest, net of capitalized interest | $19.0M | $11.9M | $26.7M | $15.4M |
| Cash paid for income taxes, net of refunds | $705.0K | $0 | $675.0K | $675.0K |
| Distributions payable to stockholders | $19.5M | $19.5M | $18.4M | $18.4M |
| Accrued capital investments and leasing costs | $5.3M | $2.9M | $4.9M | $5.2M |
| Capitalized costs placed in service | $3.7M | $2.3M | $13.3M | $11.3M |
| Gross issuance of shares for stock-based compensation | 14.1M | 13.1M | 7.4M | 7.0M |
| Finance lease right of use assets obtained in exchange for lease liabilities | $0 | — | $11.0M | $11.0M |
| Purchase of investment properties | $250.3M | $122.2M | $323.3M | $97.4M |
| Assumption of mortgage principal | $0 | — | $30.3M | $8.0M |
| Capitalized acquisition costs | ($1.4M) | ($739.0K) | ($2.3M) | ($1.1M) |
| Closing credits | $4.8M | $750.0K | — | — |
| Prorations and other changes in cash outflow, net | $2.0M | $723.0K | — | — |
| Gross acquisition price of investment properties | $255.6M | $123.0M | $355.6M | $105.4M |
InvenTrust Properties Corp score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.