| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 0.29 | 98.2% |
| Total Income | 0.29 | 98.2% |
| Expenditure | -0.10 | 100.6% |
| PBT | — | |
| Net Profit | 0.32 | 138.6% |
| OPM | — | |
| NPM | 100.00% | 105.13pp |
| EPS | 0.00 | 100.0% |
FrontView REIT Announces Q1 2026 Results and Updated Full Year 2026 Guidance
07 May 2026 · 7 May, 1:43 am
Summary
FrontView REIT announced its Q1 2026 operating results, reporting net income of $0.4 million, or $0.00 per share. Funds from operations (FFO) was $7.7 million, or $0.27 per share, and adjusted funds from operations (AFFO) was $9.5 million, or $0.34 per share. The company acquired 10 properties for $33.9 million and sold 5 properties for $9.7 million. FrontView REIT also updated its full year 2026 AFFO per share guidance from $1.27 to $1.32 to $1.29 to $1.33.
Key Highlights
- 1
FrontView REIT generated net income of $0.4 million, or $0.00 per share in Q1 2026.
- 2
Funds from operations (FFO) reached $7.7 million, or $0.27 per share for the quarter.
- 3
Adjusted funds from operations (AFFO) totaled $9.5 million, or $0.34 per share in Q1 2026.
- 4
The company acquired 10 properties for $33.9 million with an average capitalization of 7.49% during the quarter.
- 5
FrontView REIT sold 5 properties for $9.7 million in gross proceeds in Q1 2026.
- 6
The company lowered leverage with Net Debt to Annualized Adjusted EBITDAre falling to 5.3x.
- 7
AFFO per share guidance was increased from $1.27 to $1.32 to $1.29 to $1.33, implying 5% growth at the midpoint and 7% at the high-end.
Management Comments
Stephen Preston
“The strength of our results was driven by solid property-level performance, continued benefits from active portfolio management and enhanced operating efficiencies across the platform. We are raising our AFFO per share guidance and believe FrontView is well-positioned to capitalize on a compelling pipeline of attractive frontage-based opportunities that can further accelerate growth and create long-term shareholder value.”
Informational and educational content only. Not investment advice.