# First Industrial Realty Trust Inc: overview

FR · NYSE · CIK 921825 · [Real estate](/sectors/real-estate.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/fr.md) · [Financials](/companies/fr/financials.md) · [Filings](/companies/fr/filings.md) · [Insiders](/companies/fr/insiders.md)

Latest reported revenue: [$194.9m](/filings/0000921825-26-000068.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Jul 23, 2026 (XBRL us-gaap:Revenues, accession 0000921825-26-000068).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [168](/filings/0000921825-25-000107.md) | [176 d](/filings/0000921825-26-000012.md) | [177](/filings/0000921825-26-000054.md) | [180](/filings/0000921825-26-000068.md) | [181](/filings/0000921825-25-000107.md) | [188 d](/filings/0000921825-26-000012.md) | [195](/filings/0000921825-26-000054.md) | [195](/filings/0000921825-26-000068.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [59.3%](/filings/0000921825-25-000107.md) | [39.0% d](/filings/0000921825-26-000012.md) | [27.2%](/filings/0000921825-26-000054.md) | [30.6%](/filings/0000921825-26-000068.md) | [36.0%](/filings/0000921825-25-000107.md) | [41.8% d](/filings/0000921825-26-000012.md) | [73.5%](/filings/0000921825-26-000054.md) | [39.5%](/filings/0000921825-26-000068.md) |
| Diluted EPS | $ per share | [0.75](/filings/0000921825-25-000107.md) | not reported | [0.36](/filings/0000921825-26-000054.md) | [0.42](/filings/0000921825-26-000068.md) | [0.49](/filings/0000921825-25-000107.md) | not reported | [1.08](/filings/0000921825-26-000054.md) | [0.58](/filings/0000921825-26-000068.md) |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [476](/filings/0000921825-24-000018.md) | [540](/filings/0000921825-25-000019.md) | [614](/filings/0000921825-26-000012.md) | [670](/filings/0000921825-26-000012.md) | [727](/filings/0000921825-26-000012.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [56.9%](/filings/0000921825-24-000018.md) | [66.5%](/filings/0000921825-25-000019.md) | [44.8%](/filings/0000921825-26-000012.md) | [42.9%](/filings/0000921825-26-000012.md) | [34.0%](/filings/0000921825-26-000012.md) |
| Diluted EPS | $ per share | [2.09](/filings/0000921825-24-000018.md) | [2.72](/filings/0000921825-25-000019.md) | [2.07](/filings/0000921825-26-000012.md) | [2.17](/filings/0000921825-26-000012.md) | [1.87](/filings/0000921825-26-000012.md) |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:Revenues.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/fr/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $1.02bn | 16,661,052 |  | Reduced −46,716 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $779.9m | 12,719,991 |  | Added +102,161 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $391.1m | 6,328,788 |  | Reduced −34,474 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $366.8m | 5,982,850 |  | Added +53,568 |
| [NORGES BANK](/funds/1374170.md) | 2026-06-30 | $335.4m | 5,470,630 |  | New +5,470,630 |
| [CENTERSQUARE INVESTMENT MANAGEMENT LLC](/funds/1725296.md) | 2026-06-30 | $297.7m | 4,855,292 |  | Added +547,725 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $174.9m | 2,851,824 |  | Added +64,113 |
| [JPMORGAN CHASE & CO](/funds/19617.md) | 2026-06-30 | $163.9m | 2,581,701 |  | Added +1,010,176 |
| [PRUDENTIAL FINANCIAL INC](/funds/1137774.md) | 2026-06-30 | $160.2m | 2,613,042 |  | Reduced −174,896 |
| [CHARLES SCHWAB INVESTMENT MANAGEMENT INC](/funds/884546.md) | 2026-06-30 | $158.6m | 2,587,326 |  | Added +22,368 |

## Recent filings

[All 937 filings](/companies/fr/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-22 | 20:53 ET | [10-Q](/filings/0000921825-26-000075.md) | Quarterly report, period 2026-09-30 | 0000921825-26-000075 |
| 2026-10-21 | 20:35 ET | [8-K](/filings/0000921825-26-000073.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0000921825-26-000073 |
| 2026-08-18 | 21:38 ET | [8-K](/filings/0000921825-26-000071.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0000921825-26-000071 |
| 2026-07-23 | 20:08 ET | [10-Q](/filings/0000921825-26-000068.md) | Quarterly report, period 2026-06-30 | 0000921825-26-000068 |
| 2026-07-22 | 20:55 ET | [8-K](/filings/0000921825-26-000060.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0000921825-26-000060 |
| 2026-04-30 | 20:35 ET | [8-K](/filings/0000921825-26-000057.md) | 5.07 Shareholder vote results; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0000921825-26-000057 |
| 2026-04-24 | 18:43 ET | [10-Q](/filings/0000921825-26-000054.md) | Quarterly report, period 2026-03-31 | 0000921825-26-000054 |
| 2026-04-22 | 20:53 ET | [8-K](/filings/0000921825-26-000051.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0000921825-26-000051 |
| 2026-03-30 | 21:33 ET | [DEF 14A](/filings/0000921825-26-000041.md) | Proxy statement, period 2026-04-30 | 0000921825-26-000041 |
| 2026-03-27 | 20:19 ET | [8-K](/filings/0000921825-26-000038.md) | 5.02 Departure or appointment of officers or directors | 0000921825-26-000038 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0000921825-26-000012.md), filed Feb 11, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 921825
- Tickers: FR
- Exchange: NYSE
- SIC code: 6798 Real Estate Investment Trusts
- State of incorporation: MD
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:28 ET. No prices; not investment advice.