Terreno Realty Corporation (TRNO) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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TRNO Revenue Growth
Revenue Breakdown
TRNO's revenue distribution by segment and geography
By Geography
TRNO Revenue Analysis (2014–2025)
As of May 7, 2026, Terreno Realty Corporation (TRNO) generated trailing twelve-month (TTM) revenue of $490.4 million, reflecting strong growth of +12.7% year-over-year. The most recent quarter (Q1 2026) recorded $124.4 million in revenue, down 9.5% sequentially.
Looking at the longer-term picture, TRNO's 5-year compound annual growth rate (CAGR) stands at +20.6%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $476.4 million in 2025, representing a new all-time high.
When compared to Real Estate sector peers including PLD (+10.7% YoY), EGP (+12.2% YoY), and REXR (+6.3% YoY), TRNO has outperformed the peer group in terms of revenue growth. Compare TRNO vs PLD →
TRNO Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| TRNOCurrent | $490M | +12.7% | +20.6% | 40.4% | |
 PLD | $8.2B | +10.7% | +19.7% | 53.8% | |
 EGP | $721M | +12.2% | +14.7% | 39.9% | |
 REXR | $1.0B | +6.3% | +24.9% | 37.9% | |
 FR | $727M | +8.5% | +10.2% | 42.3% | |
 STAG | $845M | +10.0% | +11.8% | 37.7% |
TRNO Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $476.4M | +24.5% | $361.3M | 75.8% | $192.4M | 40.4% |
| 2024 | $382.6M | +18.2% | $284.5M | 74.4% | $148.0M | 38.7% |
| 2023 | $323.6M | +17.2% | $244.5M | 75.6% | $133.4M | 41.2% |
| 2022 | $276.2M | +24.5% | $207.3M | 75.1% | $110.4M | 40.0% |
| 2021 | $221.9M | +18.8% | $165.7M | 74.7% | $88.0M | 39.7% |
| 2020 | $186.9M | +9.3% | $137.8M | 73.7% | $114.3M | 61.2% |
| 2019 | $171.0M | +12.8% | $126.8M | 74.2% | $102.9M | 60.2% |
| 2018 | $151.7M | +14.5% | $111.7M | 73.6% | $81.5M | 53.7% |
| 2017 | $132.5M | +22.2% | $96.6M | 72.9% | $69.9M | 52.7% |
| 2016 | $108.4M | +13.1% | $78.1M | 72.0% | $28.2M | 26.0% |
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Start ComparisonTRNO — Frequently Asked Questions
Quick answers to the most common questions about buying TRNO stock.
Is TRNO's revenue growth accelerating or slowing?
TRNO maintains +12.7% revenue growth, in line with its 5-year CAGR of +20.6%. TTM revenue stands at $490M. Growth rate remains consistent with historical average.
What is TRNO's long-term revenue growth rate?
Terreno Realty Corporation's 5-year revenue CAGR of +20.6% reflects the sustained expansion pattern. Current YoY growth of +12.7% is near this long-term average.
How is TRNO's revenue distributed by segment?
TRNO reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.