Modiv Inc. Class C ( (MDV) ) has released its Q2 earnings. Here is a breakdown of the information Modiv Inc. Class C presented to its investors.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Modiv Industrial, Inc. is a real estate investment trust (REIT) that focuses on acquiring, owning, and managing single-tenant net-lease industrial manufacturing properties with long-term leases, aiming to strengthen the nation’s supply chains. In its second quarter of 2025, Modiv Industrial reported a revenue of $11.8 million, with a net loss of $2.8 million attributable to common stockholders. The company achieved an Adjusted Funds From Operations (AFFO) of $4.8 million, or $0.38 per diluted share, marking a 22% increase year-over-year, surpassing consensus estimates. A notable achievement for the quarter was the renewal of a 5-year lease with Northrop Grumman, featuring 2% annual escalations at their Melbourne, Florida property. Despite a net loss, the company demonstrated resilience with a significant increase in AFFO, indicating strong operational performance. Modiv Industrial’s strategic focus includes preparing for future financial opportunities, exploring asset recycling, and maintaining disciplined investment strategies. Looking ahead, the company remains optimistic about leveraging its strong balance sheet and strategic positioning to capitalize on potential market opportunities, while continuing to prioritize disciplined financial management.