Quarterly ResultJul 29, 2026, 04:38 PM
Broadstone Net Lease Q2 Net Income $39.8M, EPS $0.21; Revenue Up 8.2%
AI Summary
Broadstone Net Lease, Inc. reported strong second-quarter 2026 results with net income attributable to the company increasing to $39.8 million, up from $20.2 million in the prior year. Lease revenues grew by 8.2% to $122.3 million. The company also completed $126.2 million in acquisitions and $74.1 million in real estate sales during the first six months of 2026, and declared quarterly distributions of $0.2925 per share.
Key Highlights
- Q2 2026 net income attributable to BNL increased to $39.8 million from $20.2 million YoY.
- Q2 2026 basic EPS rose to $0.21 from $0.11 in the prior year.
- Q2 2026 lease revenues, net, increased 8.2% to $122.3 million.
- Year-to-date 2026 net income attributable to BNL was $86.2 million, up from $36.9 million.
- Year-to-date 2026 acquisitions totaled $126.2 million across 5 properties.
- Year-to-date 2026 real estate sales generated $74.1 million, with a $20.1 million gain.
- Quarterly distributions declared were $0.2925 per share and OP Unit.
- Impairment charges decreased to $3.5 million year-to-date 2026 from $28.1 million.
Price Impact
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