StockWatch
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Real Estate Investment Trusts
Quarterly ResultMay 7, 2026, 06:07 AM

Realty Income Q1 Net Income $311.8M, EPS $0.33; Revenue $1.55B

AI Summary

Realty Income reported a strong first quarter for 2026 with net income available to common stockholders increasing to $311.8 million, a 24.8% rise year-over-year. Diluted earnings per share also grew to $0.33. Total revenue for the quarter reached $1.55 billion, up 12.2% from the prior year, supported by significant real estate acquisitions totaling $1.67 billion across 189 properties.

Key Highlights

  • Net income available to common stockholders was $311.8 million, up 24.8% YoY.
  • Basic and diluted earnings per share increased to $0.33, up 17.8% YoY.
  • Total revenue for the quarter reached $1.55 billion, a 12.2% increase YoY.
  • Acquired 189 properties for $1.67 billion during Q1 2026.
  • Net cash provided by operating activities rose 11.0% to $874.5 million.
  • Total assets stood at $74.55 billion as of March 31, 2026.
  • Total liabilities were $33.32 billion as of March 31, 2026.