Quarterly ResultApr 20, 2026, 04:22 PM
NETSTREIT Q1 2026 AFFO $0.34/Share; Raises 2026 Guidance
AI Summary
NETSTREIT Corp. reported strong first-quarter 2026 financial and operating results, with Adjusted Funds from Operations (AFFO) of $0.34 per diluted share, a 6.3% increase year-over-year. The company completed $239.0 million in gross investment activity at a 7.5% blended cash yield. Reflecting a strong start and a strengthened balance sheet from $314.3 million in equity sales, NETSTREIT increased its 2026 AFFO per share guidance to $1.36-$1.39 and its net investment guidance to $550-$650 million.
Key Highlights
- Q1 2026 AFFO per diluted share was $0.34, up 6.3% YoY.
- Net Income per diluted share rose 200% to $0.06.
- Completed $239.0M gross investments at 7.5% cash yield.
- Raised 2026 AFFO guidance to $1.36-$1.39 per share.
- Increased 2026 net investment guidance to $550M-$650M.