# Inland Real Estate Income Trust, Inc.: overview

INRE · OTC · CIK 1528985 · [Real estate](/sectors/real-estate.md) · fiscal year ends Dec 31

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

Latest reported revenue: [$37.8m](/filings/0001528985-26-000007.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 5, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001528985-26-000007).

## 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 | [37.3](/filings/0001193125-25-268836.md) | [37.9 d](/filings/0001528985-26-000002.md) | [38.8](/filings/0001528985-26-000004.md) | [38.1](/filings/0001528985-26-000007.md) | [38.0](/filings/0001193125-25-268836.md) | [38.7 d](/filings/0001528985-26-000002.md) | [38.9](/filings/0001528985-26-000004.md) | [37.8](/filings/0001528985-26-000007.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 | % | [(8.6%)](/filings/0001193125-25-268836.md) | [(13.8%) d](/filings/0001528985-26-000002.md) | [(6.7%)](/filings/0001528985-26-000004.md) | [(5.7%)](/filings/0001528985-26-000007.md) | [(5.2%)](/filings/0001193125-25-268836.md) | [(11.2%) d](/filings/0001528985-26-000002.md) | [(5.8%)](/filings/0001528985-26-000004.md) | [2.8%](/filings/0001528985-26-000007.md) |
| Diluted EPS | $ per share | [(0.09)](/filings/0001193125-25-268836.md) | not reported | [(0.07)](/filings/0001528985-26-000004.md) | [(0.06)](/filings/0001528985-26-000007.md) | [(0.05)](/filings/0001193125-25-268836.md) | not reported | [(0.06)](/filings/0001528985-26-000004.md) | [0.03](/filings/0001528985-26-000007.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:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 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 | [119](/filings/0000950170-24-030856.md) | [134](/filings/0000950170-25-033568.md) | [150](/filings/0001528985-26-000002.md) | [150](/filings/0001528985-26-000002.md) | [154](/filings/0001528985-26-000002.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 | % | [(2.1%)](/filings/0000950170-24-030856.md) | [(9.4%)](/filings/0000950170-25-033568.md) | [(10.1%)](/filings/0001528985-26-000002.md) | [(10.0%)](/filings/0001528985-26-000002.md) | [(7.2%)](/filings/0001528985-26-000002.md) |
| Diluted EPS | $ per share | [(0.07)](/filings/0000950170-24-030856.md) | [(0.35)](/filings/0000950170-25-033568.md) | [(0.42)](/filings/0001528985-26-000002.md) | [(0.41)](/filings/0001528985-26-000002.md) | [(0.31)](/filings/0001528985-26-000002.md) |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- 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/inre/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 |
| --- | --- | ---: | ---: | --- | --- |
| [Winch Advisory Services, LLC](/funds/1585822.md) | 2026-06-30 | $43.8k | 2,593 |  | Unchanged |
| [Capital Advisor Network LLC](/funds/2131047.md) | 2026-06-30 | $38.4k | 2,272 |  | New +2,272 |
| [Main Street Group, LTD](/funds/1965796.md) | 2026-06-30 | $13.5k | 800 |  | Unchanged |

## Recent filings

[All 531 filings](/companies/inre/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-09-29 | 16:02 ET | [8-K](/filings/0001193125-26-407317.md) | 8.01 Other events | 0001193125-26-407317 |
| 2026-09-16 | 15:51 ET | [DEF 14A](/filings/0001193125-26-393009.md) | Proxy statement, period 2026-11-05 | 0001193125-26-393009 |
| 2026-08-05 | 15:17 ET | [10-Q](/filings/0001528985-26-000007.md) | Quarterly report, period 2026-06-30 | 0001528985-26-000007 |
| 2026-06-29 | 15:14 ET | [8-K](/filings/0001193125-26-288223.md) | 8.01 Other events | 0001193125-26-288223 |
| 2026-05-06 | 13:35 ET | [10-Q](/filings/0001528985-26-000004.md) | Quarterly report, period 2026-03-31 | 0001528985-26-000004 |
| 2026-03-30 | 15:53 ET | [8-K](/filings/0001193125-26-131592.md) | 8.01 Other events | 0001193125-26-131592 |
| 2026-03-11 | 13:26 ET | [10-K](/filings/0001528985-26-000002.md) | Annual report, period 2025-12-31 | 0001528985-26-000002 |
| 2026-02-02 | 12:54 ET | [8-K](/filings/0001193125-26-033230.md) | 5.02 Departure or appointment of officers or directors | 0001193125-26-033230 |
| 2026-01-26 | 12:48 ET | [8-K](/filings/0001193125-26-022199.md) | 8.01 Other events | 0001193125-26-022199 |
| 2025-12-30 | 13:23 ET | [8-K](/filings/0001193125-25-336495.md) | 8.01 Other events | 0001193125-25-336495 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001528985-26-000002.md), filed Mar 11, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/24d4567f-bef1-4133-b5b6-e2ebe0bedfe9)

## About the filer

- CIK: 1528985
- Tickers: INRE
- Exchange: OTC
- SIC code: 6798 Real Estate Investment Trusts
- State of incorporation: MD
- Filer category: Non-accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:42 ET. No prices; not investment advice.