N/A · Hines Global Income Trust, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $132.84M | - | $106.58M | $101.15M | $93.60M | - | $86.81M | $86.21M | $85.49M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | $81.62M | - | $53.31M | $65.24M | $51.77M | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $1.88M | - | $2.23M | $1.43M | $1.95M | - | $2.41M | $2.09M | $2.44M | - |
| Total Operating Expenses | $125.41M | - | $97.22M | $94.83M | $81.02M | - | $77.28M | $76.41M | $77.42M | - |
| D&A | $55.16M | - | $37.89M | $35.74M | $33.71M | - | $32.67M | $34.53M | $32.97M | - |
| Operating Income | $39.95M | - | ($19.72M) | ($26.87M) | $140.09M | - | ($5.44M) | ($13.62M) | ($15.39M) | - |
| Interest Expense | $52.60M | - | $39.74M | $37.23M | $33.20M | - | $34.70M | $31.68M | $29.76M | - |
| Income Tax | $174.0K | - | $429.0K | ($608.0K) | $1.49M | - | ($249.0K) | $1.25M | $360.0K | - |
| Net Income | $39.77M | - | ($20.41M) | ($26.28M) | $115.26M | - | ($5.20M) | ($14.89M) | ($15.76M) | - |
| EPS - Basic | $0.13 | - | ($0.07) | ($0.09) | $0.42 | - | ($0.02) | ($0.06) | ($0.06) | - |
| EPS - Diluted | $0.13 | - | ($0.07) | ($0.09) | $0.42 | - | ($0.02) | ($0.06) | ($0.06) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $180.14M | $172.15M | $402.56M | $419.62M | $227.70M | $132.41M | $116.86M | $104.41M | $90.06M | $105.58M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $5.93B | $5.99B | $5.64B | $5.08B | $4.46B | $4.28B | $4.05B | $3.93B | $3.92B | $3.82B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | $2.05B | $2.37B | $2.15B | $1.81B | $1.45B | $1.62B | $1.51B | $1.46B | $1.49B | $1.38B |
| Total Liabilities | $3.88B | $4.01B | $3.65B | $3.10B | $2.51B | $2.46B | $2.21B | $2.08B | $2.02B | $1.86B |
| Stockholders' Equity | $2.05B | $1.98B | $1.99B | $1.98B | $1.95B | $1.82B | $1.84B | $1.85B | $1.90B | $1.97B |
| Retained Earnings | - | - | - | - | - | - | - | - | - | - |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($24.87M) | - | - | - | $9.09M | - | - | - | ($2.06M) | - |
| Investing Cash Flow | $56.53M | - | - | - | $106.42M | - | - | - | ($154.03M) | - |
| Financing Cash Flow | ($26.11M) | - | - | - | ($27.01M) | - | - | - | $140.53M | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 61.4% | - | 50.0% | 64.5% | 55.3% | - | - | - | - | - |
| Operating margin | 30.1% | - | -18.5% | -26.6% | 149.7% | - | -6.3% | -15.8% | -18.0% | - |
| EBITDA margin | 71.6% | - | 17.1% | 8.8% | 185.7% | - | 31.4% | 24.3% | 20.6% | - |
| Net margin | 29.9% | - | -19.1% | -26.0% | 123.1% | - | -6.0% | -17.3% | -18.4% | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 1.4% | - | 2.1% | 1.4% | 2.1% | - | 2.8% | 2.4% | 2.9% | - |
| Effective tax rate | 0.4% | - | - | - | 1.3% | - | - | - | - | - |
| Return on assets | 0.7% | - | -0.4% | -0.5% | 2.6% | - | -0.1% | -0.4% | -0.4% | - |
| Return on equity | 1.9% | - | -1.0% | -1.3% | 5.9% | - | -0.3% | -0.8% | -0.8% | - |
| Return on invested capital | 1.0% | - | -0.4% | -0.6% | 4.1% | - | -0.1% | -0.3% | -0.4% | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | 1.00 | 1.20 | 1.08 | 0.91 | 0.74 | 0.89 | 0.82 | 0.79 | 0.79 | 0.70 |
| Debt / Assets | 0.35 | 0.40 | 0.38 | 0.36 | 0.33 | 0.38 | 0.37 | 0.37 | 0.38 | 0.36 |
| Debt / EBITDA | 21.52 | - | 118.13 | 204.19 | 8.37 | - | 55.44 | 70.02 | 84.95 | - |
| Interest coverage | 0.8x | - | -0.5x | -0.7x | 4.2x | - | -0.2x | -0.4x | -0.5x | - |
| Equity multiplier | 2.89 | 3.03 | 2.84 | 2.57 | 2.28 | 2.36 | 2.20 | 2.12 | 2.06 | 1.94 |
| Liabilities / Assets | 0.65 | 0.67 | 0.65 | 0.61 | 0.56 | 0.58 | 0.55 | 0.53 | 0.52 | 0.49 |
| Efficiency | ||||||||||
| Asset turnover | 0.02 | - | 0.02 | 0.02 | 0.02 | - | 0.02 | 0.02 | 0.02 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 41.9% | - | 22.8% | 17.3% | 9.5% | - | 11.0% | 13.9% | 12.3% | - |
| Revenue CAGR (3y) | 20.4% | - | 17.4% | 19.5% | 16.5% | - | 23.0% | 27.7% | 30.7% | - |
| Revenue CAGR (5y) | 28.2% | - | 29.0% | 29.5% | 22.6% | - | 27.8% | 29.6% | 31.5% | - |
| Gross profit growth (YoY) | 57.6% | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | -71.5% | - | -262.2% | -97.3% | - | - | 80.9% | - | -36.5% | - |
| Net income growth (YoY) | -65.5% | - | -292.6% | -76.5% | - | - | 82.1% | - | -41.7% | - |
| EPS growth (YoY) | -69.0% | - | -250.0% | -50.0% | - | - | 81.8% | - | -50.0% | - |
| EPS CAGR (3y) | - | - | - | - | 247.6% | - | - | - | - | - |
| EPS CAGR (5y) | -22.7% | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 4.9% | 9.0% | 8.0% | 7.0% | 2.7% | -7.7% | -7.2% | -9.2% | -8.2% | -3.9% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$425.20M totalResidential Living Investments$128.25M · 30.2%
Industrial Investments$119.47M · 28.1%
Office Real Estate Investments$82.53M · 19.4%
Retail Investments$58.26M · 13.7%
Other Investment$36.69M · 8.6%
Peer comparison
Same SIC group: Real Estate Investment Trusts
Comparing HINES GLOBAL INCOME TRUST against the 5 most active filers in the same SIC group.