Quarterly ResultOct 29, 2026, 04:26 PM
Gaming & Leisure Properties Reports Q3 2026 Results: Net Income $668M, EPS $2.33
AI Summary
Gaming & Leisure Properties, Inc. (GLPI) filed its 10-Q report for the period ending September 30, 2026. The company reported a significant increase in total assets to $14.1 billion and a rise in long-term debt to $8.08 billion. Rental income for the first nine months of 2026 reached $1.09 billion, with net income attributable to common shareholders growing to $667.88 million, resulting in diluted EPS of $2.33. The company also saw substantial increases in capital expenditures and real estate acquisitions.
Key Highlights
- Gaming & Leisure Properties, Inc. reported total assets of $14.1 billion as of September 30, 2026, an increase from $12.9 billion as of December 31, 2025.
- Long-term debt increased to $8.08 billion from $7.20 billion over the same period.
- Rental income for the nine months ended September 30, 2026, was $1.09 billion, up from $1.02 billion in the prior year.
- Net income attributable to common shareholders for the nine months ended September 30, 2026, was $667.88 million, an increase from $557.81 million in the prior year.
- Diluted earnings per common share for the nine months ended September 30, 2026, were $2.33, up from $2.00 in the prior year.
- Capital expenditures for the nine months ended September 30, 2026, were $472.55 million, a significant increase from $57.45 million in the prior year.
- Acquisition of real estate was $904.3 million for the nine months ended September 30, 2026, compared to $135 million in the prior year.
Price Impact
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