NNN REIT (NNN)
Acquires and leases single-tenant U.S. retail properties under long-term net leases.
$42.02
After hours+0.44 (+1.06%)
At close$41.58(−0.12%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 205 | 216 | 215 | 217 | 219 | 218 | 231 | 227 | 230 | 238 | 240 | 244 |
| Cost of revenue | 6 | 8 | 7 | 7 | 7 | 11 | 9 | 9 | 9 | 146 | 10 | 8 |
| Gross profit | 199 | 208 | 208 | 210 | 211 | 207 | 221 | 218 | 221 | 92 | 231 | 236 |
| 51 | 68 | 70 | 58 | 68 | 64 | 78 | 68 | 74 | −56 | 85 | 85 | |
| 10 | 13 | 13 | 12 | 11 | 9 | 15 | 11 | 11 | 12 | 14 | 14 | |
| General & administrative | 10 | 13 | 13 | 12 | 11 | 9 | 15 | 11 | 11 | 12 | 14 | 14 |
| Other expenses | 41 | 55 | 57 | 46 | 56 | 55 | 62 | 57 | 63 | −68 | 71 | 71 |
| Operating income | 148 | 140 | 138 | 152 | 144 | 144 | 144 | 150 | 147 | 149 | 145 | 150 |
| −41 | −43 | −44 | −46 | −46 | −46 | −47 | −49 | −50 | −53 | −51 | −52 | |
| Interest income | 1 | 0 | 0 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest expense | 42 | 43 | 44 | 47 | 46 | 47 | 48 | 49 | 53 | 53 | 53 | 53 |
| Other non-operating income | −1 | 0 | 0 | −1 | −1 | −1 | 0 | 0 | −3 | −1 | −2 | −1 |
| Income before tax | 107 | 97 | 94 | 107 | 98 | 98 | 96 | 101 | 97 | 96 | 94 | 98 |
| Net income from continuing operations | 107 | 97 | 94 | 107 | 98 | 98 | 96 | 101 | 97 | 96 | 94 | 98 |
| Net income | 107 | 97 | 94 | 107 | 98 | 98 | 96 | 101 | 97 | 96 | 94 | 98 |
| EPS, basic | $0.59 | $0.53 | $0.52 | $0.58 | $0.53 | $0.52 | $0.52 | $0.54 | $0.51 | $0.51 | $0.50 | $0.52 |
| EPS, diluted | $0.59 | $0.53 | $0.52 | $0.58 | $0.53 | $0.52 | $0.51 | $0.54 | $0.51 | $0.51 | $0.50 | $0.52 |
| Weighted average shares, basic | 181 | 181 | 182 | 182 | 184 | 186 | 187 | 187 | 188 | 189 | 189 | 189 |
| Weighted average shares, diluted | 182 | 182 | 182 | 183 | 185 | 187 | 187 | 187 | 188 | 189 | 189 | 190 |
| EBITDA | 208 | 200 | 199 | 216 | 208 | 208 | 209 | 218 | 217 | 217 | 217 | 223 |
| Depreciation & amortization | 60 | 60 | 61 | 63 | 63 | 63 | 65 | 68 | 67 | 68 | 71 | 71 |
| EBIT | 148 | 140 | 138 | 153 | 144 | 145 | 144 | 150 | 150 | 149 | 147 | 151 |
