Modiv Industrial (MDV) Operating Income (2019 - 2026)
Modiv Industrial (MDV) reported Operating Income of $9.98 million for Q2 2026, up 756.7% from $1.17 million a year earlier and up 137.4% from the prior quarter.
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Analysis
Modiv Industrial (MDV) Operating Income (2019 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Modiv Industrial's Operating Income came in at $24.1 million, up 49.4% year-over-year; for FY2025, it was $15.82 million, down 28.0% from FY2024.
- By year, Operating Income came in at $21.98 million in FY2024 (+741.9%), $2.61 million in FY2023 (-47.0%), $4.93 million in FY2022 and -$1.53 million in FY2021.
- The Q2 2026 figure ranks as the highest quarterly Operating Income in data going back to Q3 2019.
- Year over year, Operating Income gained in two of the last seven quarters, with growth averaging 96.1%.
- The high point for year-over-year Operating Income in five years was Q2 2026 (growth of 756.7%); the low point was Q2 2025 (a decline of 77.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $4.2 million (Q1 2026), $5.08 million (Q4 2025) and $4.84 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 167.90 Bn | 150.42 Bn | 1.39 Bn | -1.83 Bn |
| 2 | Prologis | 123.74 Bn | 128.13 Bn | - | 1.25 Bn |
| 3 | Simon Property | 66.68 Bn | 67.94 Bn | - | 890.67 Mn |
| 4 | Realty Income | 52.20 Bn | 54.59 Bn | - | - |
| 5 | Public Storage | 50.15 Bn | 49.24 Bn | - | 466.68 Mn |
| 6 | Ventas | 44.59 Bn | 43.78 Bn | - | - |
| 7 | Extra Space Storage | 28.21 Bn | 28.21 Bn | 642.43 Mn | 392.18 Mn |
| 8 | Vici Properties | 25.53 Bn | 23.65 Bn | 1.05 Bn | 735.50 Mn |
| 9 | Vivmark Residential | 23.00 Bn | 23.19 Bn | - | - |
| 10 | Modiv Industrial | 186.34 Mn | 225.21 Mn | - | 9.98 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.98 Mn |
| Mar 31, 2026 | 4.20 Mn |
| Dec 31, 2025 | 5.08 Mn |
| Sep 30, 2025 | 4.84 Mn |
| Jun 30, 2025 | 1.17 Mn |
| Mar 31, 2025 | 4.74 Mn |
| Dec 31, 2024 | 5.33 Mn |
| Sep 30, 2024 | 4.90 Mn |
| Jun 30, 2024 | 5.09 Mn |
| Mar 31, 2024 | 6.66 Mn |
| Dec 31, 2023 | 3.84 Mn |
| Sep 30, 2023 | -4.72 Mn |
| Jun 30, 2023 | 4.16 Mn |
| Mar 31, 2023 | -669,391.00 |
| Dec 31, 2022 | 3.60 Mn |
| Sep 30, 2022 | 6.83 Mn |
| Jun 30, 2022 | 3.45 Mn |
| Mar 31, 2022 | -10.52 Mn |
| Dec 31, 2021 | -2.32 Mn |
| Sep 30, 2021 | 3.51 Mn |
API Access
Modiv Industrial Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=MDV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "MDV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=MDV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();