MODIV INDUSTRIAL, INC.
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $46.4M | $46.8M | $47.2M | $46.2M | $37.9M |
| Operating income | $15.8M | $22.0M | $2.6M | $4.9M | -$1.5M |
| Cash from operations | $15.0M | $18.2M | $16.6M | $16.6M | $9.7M |
| Capital expenditure | — | — | — | $522,845 | $0 |
| Free cash flow | — | — | — | $16.1M | $9.7M |
| Share repurchases | $0 | $11.5M | $1.1M | $4.2M | $19.1M |
| Impairments | — | — | $0 | $17.3M | $0 |
| Total assets | $476.5M | $507.8M | $530.9M | $454.4M | $428.5M |
| Total liabilities | $274.4M | $293.8M | $305.8M | $213.4M | $206.1M |
| Total debt | $262.1M | $280.9M | $281.2M | $197.5M | $161.0M |
Shares outstanding 10.3M · Free float 84.7%
Annual filing data through FY ended December 31, 2025; float as of June 27, 2026.