MODIV INDUSTRIAL, INC. — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that MODIV INDUSTRIAL, INC. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $46.39M | Mar 25, 2026 |
| FY2025 | Dec 31, 2024 | $46.76M | Mar 25, 2026 |
| FY2024 | Dec 31, 2023 | $47.23M | Mar 4, 2025 |
| FY2018 | Dec 31, 2018 | $17.98M | Mar 29, 2019 |
| FY2018 | Dec 31, 2017 | $7.39M | Mar 29, 2019 |
| FY2016 | Dec 31, 2016 | $460.7K | Apr 3, 2017 |
| FY2016 | Sep 30, 2016 | $359.5K | Apr 3, 2017 |
| FY2016 | Jun 30, 2016 | $41.5K | Apr 3, 2017 |
| FY2016 | Mar 31, 2016 | $0 | Apr 3, 2017 |
| FY2016 | Dec 31, 2015 | $0 | Apr 3, 2017 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.07M | Mar 25, 2026 |
| FY2025 | Dec 31, 2024 | $6.02M | Mar 25, 2026 |
| FY2024 | Dec 31, 2023 | ($6.61M) | Mar 4, 2025 |
| FY2023 | Dec 31, 2022 | ($3.29M) | Mar 7, 2024 |
| FY2022 | Dec 31, 2021 | ($435.5K) | Mar 13, 2023 |
| FY2021 | Dec 31, 2020 | ($49.14M) | Mar 23, 2022 |
| FY2020 | Dec 31, 2019 | ($4.42M) | Mar 31, 2021 |
| FY2019 | Dec 31, 2018 | ($1.80M) | Apr 6, 2020 |
| FY2018 | Dec 31, 2017 | ($868.5K) | Mar 29, 2019 |
| FY2016 | Dec 31, 2016 | ($344.0K) | Apr 3, 2017 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $15.82M | Mar 25, 2026 |
| FY2025 | Dec 31, 2024 | $21.98M | Mar 25, 2026 |
| FY2024 | Dec 31, 2023 | $2.61M | Mar 4, 2025 |
| FY2023 | Dec 31, 2022 | $4.93M | Mar 7, 2024 |
| FY2022 | Dec 31, 2021 | ($1.53M) | Mar 13, 2023 |
| FY2021 | Dec 31, 2020 | ($48.71M) | Mar 23, 2022 |
| FY2020 | Dec 31, 2019 | ($4.72M) | Mar 31, 2021 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $14.97M | Mar 25, 2026 |
| FY2025 | Dec 31, 2024 | $18.24M | Mar 25, 2026 |
| FY2024 | Dec 31, 2023 | $16.58M | Mar 4, 2025 |
| FY2023 | Dec 31, 2022 | $16.65M | Mar 7, 2024 |
| FY2022 | Dec 31, 2021 | $9.73M | Mar 13, 2023 |
| FY2021 | Dec 31, 2020 | $5.58M | Mar 23, 2022 |
| FY2020 | Dec 31, 2019 | $4.75M | Mar 31, 2021 |
| FY2019 | Dec 31, 2018 | $5.88M | Apr 6, 2020 |
| FY2018 | Dec 31, 2017 | $3.79M | Mar 29, 2019 |
| FY2017 | Dec 31, 2016 | ($672.1K) | Apr 3, 2018 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $476.46M | Mar 25, 2026 |
| FY2025 | Dec 31, 2024 | $507.83M | Mar 25, 2026 |
| FY2024 | Dec 31, 2023 | $530.90M | Mar 4, 2025 |
| FY2023 | Dec 31, 2022 | $454.43M | Mar 7, 2024 |
| FY2022 | Dec 31, 2021 | $428.49M | Mar 13, 2023 |
| FY2021 | Dec 31, 2020 | $407.45M | Mar 23, 2022 |
| FY2020 | Dec 31, 2019 | $490.92M | Mar 31, 2021 |
| FY2019 | Dec 31, 2018 | $252.43M | Apr 6, 2020 |
| FY2018 | Dec 31, 2017 | $157.07M | Mar 29, 2019 |
| FY2017 | Dec 31, 2016 | $41.30M | Apr 3, 2018 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $274.41M | Mar 25, 2026 |
| FY2025 | Dec 31, 2024 | $293.78M | Mar 25, 2026 |
| FY2024 | Dec 31, 2023 | $305.77M | Mar 4, 2025 |
| FY2023 | Dec 31, 2022 | $213.40M | Mar 7, 2024 |
| FY2022 | Dec 31, 2021 | $206.06M | Mar 13, 2023 |
| FY2021 | Dec 31, 2020 | $217.20M | Mar 23, 2022 |
| FY2020 | Dec 31, 2019 | $236.68M | Mar 31, 2021 |
| FY2019 | Dec 31, 2018 | $143.33M | Apr 6, 2020 |
| FY2018 | Dec 31, 2017 | $77.78M | Mar 29, 2019 |
| FY2017 | Dec 31, 2016 | $18.87M | Apr 3, 2018 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $162.75M | Mar 25, 2026 |
| FY2025 | Dec 31, 2024 | $190.15M | Mar 25, 2026 |
| FY2024 | Dec 31, 2023 | $144.44M | Mar 4, 2025 |
| FY2023 | Dec 31, 2022 | $159.75M | Mar 7, 2024 |
| FY2022 | Dec 31, 2021 | $171.83M | Mar 13, 2023 |
| FY2021 | Dec 31, 2020 | $132.28M | Mar 23, 2022 |
| FY2020 | Dec 31, 2019 | $189.57M | Mar 31, 2021 |
| FY2019 | Dec 31, 2018 | $103.09M | Apr 6, 2020 |
| FY2018 | Dec 31, 2017 | $79.25M | Mar 29, 2019 |
| FY2018 | Dec 31, 2016 | $22.23M | Mar 29, 2019 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2022 | Dec 31, 2022 | $0 | Mar 13, 2023 |
| FY2022 | Dec 31, 2021 | $17.32M | Mar 13, 2023 |
| FY2022 | Dec 31, 2020 | $17.32M | Mar 13, 2023 |
| FY2021 | Dec 31, 2019 | $50.59M | Mar 23, 2022 |
| FY2019 | Dec 31, 2018 | $0 | Apr 6, 2020 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($168.10M) | Mar 25, 2026 |
| FY2025 | Dec 31, 2024 | ($154.07M) | Mar 25, 2026 |
| FY2024 | Dec 31, 2023 | ($145.55M) | Mar 4, 2025 |
| FY2023 | Dec 31, 2022 | ($117.94M) | Mar 7, 2024 |
| FY2022 | Dec 31, 2021 | ($101.62M) | Mar 13, 2023 |
| FY2021 | Dec 31, 2020 | ($92.01M) | Mar 23, 2022 |
| FY2020 | Dec 31, 2019 | ($31.17M) | Mar 31, 2021 |
| FY2019 | Dec 31, 2018 | ($16.17M) | Apr 6, 2020 |
| FY2018 | Dec 31, 2017 | ($6.08M) | Mar 29, 2019 |
| FY2017 | Dec 31, 2016 | ($1.41M) | Apr 3, 2018 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $14.38M | Mar 25, 2026 |
| FY2025 | Dec 31, 2024 | $11.53M | Mar 25, 2026 |
| FY2024 | Dec 31, 2023 | $3.13M | Mar 4, 2025 |
| FY2023 | Dec 31, 2022 | $8.61M | Mar 7, 2024 |
| FY2022 | Dec 31, 2021 | $55.97M | Mar 13, 2023 |
| FY2021 | Dec 31, 2020 | $8.25M | Mar 23, 2022 |
| FY2020 | Dec 31, 2019 | $6.82M | Mar 31, 2021 |
| FY2019 | Dec 31, 2018 | $5.25M | Apr 6, 2020 |
| FY2018 | Dec 31, 2017 | $3.24M | Mar 29, 2019 |
| FY2017 | Dec 31, 2016 | $3.43M | Apr 3, 2018 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $261.48M | Mar 25, 2026 |
| FY2024 | Dec 31, 2024 | $279.78M | Mar 4, 2025 |
| FY2024 | Dec 31, 2023 | $279.54M | Mar 4, 2025 |
| FY2023 | Dec 31, 2022 | $195.45M | Mar 7, 2024 |
| FY2021 | Dec 31, 2021 | $160.25M | Mar 23, 2022 |
| FY2020 | Dec 31, 2020 | $181.90M | Mar 31, 2021 |
| FY2019 | Dec 31, 2019 | $206.49M | Apr 6, 2020 |
| FY2018 | Dec 31, 2018 | $131.71M | Mar 29, 2019 |
| FY2017 | Dec 31, 2017 | $72.49M | Apr 3, 2018 |
| FY2016 | Dec 31, 2016 | $17.27M | Apr 3, 2017 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 0 | Mar 25, 2026 |
| FY2025 | Dec 31, 2024 | 0 | Mar 25, 2026 |
| FY2024 | Dec 31, 2023 | (1) | Mar 4, 2025 |
| FY2023 | Dec 31, 2022 | 0 | Mar 7, 2024 |
| FY2022 | Dec 31, 2021 | 0 | Mar 13, 2023 |
| FY2021 | Dec 31, 2020 | (6) | Mar 23, 2022 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 0 | Mar 25, 2026 |
| FY2025 | Dec 31, 2024 | 0 | Mar 25, 2026 |
| FY2024 | Dec 31, 2023 | (1) | Mar 4, 2025 |
| FY2023 | Dec 31, 2022 | 0 | Mar 7, 2024 |
| FY2022 | Dec 31, 2021 | 0 | Mar 13, 2023 |
| FY2021 | Dec 31, 2020 | (6) | Mar 23, 2022 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2016 | Dec 31, 2016 | 2.46M | Apr 3, 2017 |
| FY2016 | Dec 31, 2015 | 20,000 | Apr 3, 2017 |
Dividends Paid
Cash dividends distributed to common shareholders during the period. Shown as a positive value despite being a cash outflow in the SEC filing.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2021 | Dec 31, 2021 | $3.47M | Mar 23, 2022 |
| FY2021 | Dec 31, 2020 | $5.02M | Mar 23, 2022 |
| FY2020 | Dec 31, 2019 | $4.02M | Mar 31, 2021 |
| FY2019 | Dec 31, 2018 | $1.66M | Apr 6, 2020 |
| FY2018 | Dec 31, 2017 | $731.2K | Mar 29, 2019 |
| FY2017 | Dec 31, 2016 | $46.2K | Apr 3, 2018 |
| FY2016 | Dec 31, 2015 | $0 | Apr 3, 2017 |