# Industrial Logistics Properties Trust: overview

ILPT · Nasdaq · CIK 1717307 · [Real estate](/sectors/real-estate.md) · fiscal year ends Dec 31

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

Latest reported revenue: [$62.2m](/filings/0001717307-20-000011.md) for Q4 FY2019, three months to 2019-12-31, from the 10-K filed Feb 24, 2020 (XBRL us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax, accession 0001717307-20-000011).

## 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 | $ | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| 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 | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Diluted EPS | $ per share | [(0.38)](/filings/0001717307-25-000038.md) | not reported | [(0.33)](/filings/0001717307-26-000027.md) | [(0.32)](/filings/0001717307-26-000041.md) | [(0.33)](/filings/0001717307-25-000038.md) | not reported | [(0.14)](/filings/0001717307-26-000027.md) | [(0.22)](/filings/0001717307-26-000041.md) |
| Free cash flow | $ | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL not reported.
- Gross margin (gross profit / revenue). XBRL not reported.
- Operating margin (operating income / revenue). XBRL not reported.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss. 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 | $ | not reported | not reported | not reported | not reported | not reported |
| 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 | % | not reported | not reported | not reported | not reported | not reported |
| Diluted EPS | $ per share | [1.83](/filings/0001717307-24-000010.md) | [(3.47)](/filings/0001717307-25-000009.md) | [(1.65)](/filings/0001717307-26-000012.md) | [(1.46)](/filings/0001717307-26-000012.md) | [(1.00)](/filings/0001717307-26-000012.md) |
| Free cash flow | $ | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL not reported.
- Gross margin (gross profit / revenue). XBRL not reported.
- Operating margin (operating income / revenue). XBRL not reported.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss.
- 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/ilpt/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 | $51.2m | 5,769,793 |  | Added +301,016 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $25.8m | 2,914,117 |  | Added +2,594,536 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $24.5m | 2,763,332 |  | Added +207,572 |
| [CastleKnight Management LP](/funds/1835751.md) | 2026-06-30 | $14.7m | 1,654,198 |  | Reduced −234,001 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $14.6m | 1,648,123 |  | Added +249,895 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $11.0m | 1,243,921 |  | Added +83,583 |
| [D. E. Shaw & Co., Inc.](/funds/1009207.md) | 2026-06-30 | $10.8m | 1,218,269 |  | Reduced −158,765 |
| [UMB Bank, n.a.](/funds/933429.md) | 2026-06-30 | $10.2m | 1,153,563 |  | Reduced −126,587 |
| [Nantahala Capital Management, LLC](/funds/1472322.md) | 2026-06-30 | $9.9m | 1,111,153 |  | Reduced −567,820 |
| [Nantahala Capital Management, LLC](/funds/1472322.md) | 2026-06-30 | $9.9m | 1,111,153 |  | Reduced −567,820 |

## Recent filings

[All 354 filings](/companies/ilpt/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-09-21 | 20:22 ET | [8-K](/filings/0001104659-26-109311.md) | 5.02 Departure or appointment of officers or directors | 0001104659-26-109311 |
| 2026-07-29 | 20:34 ET | [10-Q](/filings/0001717307-26-000041.md) | Quarterly report, period 2026-06-30 | 0001717307-26-000041 |
| 2026-07-29 | 20:30 ET | [8-K](/filings/0001717307-26-000039.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001717307-26-000039 |
| 2026-06-10 | 20:12 ET | [8-K](/filings/0001104659-26-072336.md) | 5.02 Departure or appointment of officers or directors; 5.07 Shareholder vote results; 9.01 Financial statements and exhibits | 0001104659-26-072336 |
| 2026-06-01 | 20:05 ET | [8-K](/filings/0001104659-26-068905.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-068905 |
| 2026-05-08 | 20:19 ET | [8-K](/filings/0001104659-26-057953.md) | 1.01 Entry into a material agreement; 1.02 Termination of a material agreement; 2.03 New direct financial obligation; 9.01 Financial statements and exhibits | 0001104659-26-057953 |
| 2026-04-29 | 20:36 ET | [10-Q](/filings/0001717307-26-000027.md) | Quarterly report, period 2026-03-31 | 0001717307-26-000027 |
| 2026-04-29 | 20:33 ET | [8-K](/filings/0001717307-26-000025.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001717307-26-000025 |
| 2026-03-18 | 20:15 ET | [DEF 14A](/filings/0001104659-26-030928.md) | Proxy statement, period 2026-06-09 | 0001104659-26-030928 |
| 2026-02-18 | 21:44 ET | [10-K](/filings/0001717307-26-000012.md) | Annual report, period 2025-12-31 | 0001717307-26-000012 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001717307-26-000012.md), filed Feb 18, 2026.

## Forecast league

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

## About the filer

- CIK: 1717307
- Tickers: ILPT
- Exchange: Nasdaq
- SIC code: 6798 Real Estate Investment Trusts
- State of incorporation: MD
- Filer category: Accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:46 ET. No prices; not investment advice.
