| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 0.20 | 31.0% | 98.9% |
| Total Income | 0.20 | 31.0% | 98.9% |
| Expenditure | -1.12 | 1020.0% | 105.5% |
| PBT | — | ||
| Net Profit | 1.23 | 284.4% | 142.4% |
| OPM | — | ||
| NPM | 100.00% | 0.00pp | 116.53pp |
| EPS | 0.03 | 118.8% |
FrontView REIT Announces Q2 2026 Results and Raises 2026 Guidance
06 Aug 2026 · 6 Aug, 4:57 pm
Summary
FrontView REIT reported strong operating results for the second quarter of 2026, with net income of $1.5 million and AFFO of $9.4 million ($0.33 per share). The company saw an increase in FFO to $7.2 million ($0.26 per share) and AFFO to $9.4 million ($0.33 per share) compared to the prior year. Management highlighted a strong quarter across operations and capital deployment, leading to raised 2026 AFFO per share guidance and increased net investment guidance to $120.0 million. The company also noted its active acquisition pipeline, portfolio diversification, and strong liquidity position.
Key Highlights
- 1
FrontView REIT announced its operating results for the quarter ended June 30, 2026, reporting net income of $1.5 million, or $0.03 per share.
- 2
Funds from operations (FFO) for the second quarter of 2026 were $7.2 million, or $0.26 per share, an increase from $6.7 million, or $0.24 per share, in the prior year.
- 3
Adjusted funds from operations (AFFO) reached $9.4 million, or $0.33 per share, compared to $9.0 million, or $0.32 per share, in the second quarter of 2025.
- 4
The company acquired 17 properties for $58.2 million and sold 10 properties for $22.9 million during the second quarter.
- 5
FrontView REIT maintained strong liquidity with $208.2 million in capacity and reported a portfolio occupancy rate of 99.4%.
- 6
The company is raising its 2026 AFFO per share guidance to a range of $1.32 to $1.34, implying 7% growth at the midpoint.
- 7
Net investment guidance for 2026 has been increased to approximately $120.0 million.
Management Comments
Stephen Preston
FrontView delivered a strong quarter across both operations and capital deployment. We are raising the midpoint of our 2026 AFFO per share guidance by $0.02, representing 7% growth over 2025. Our acquisition pipeline remains active and we are increasing our net investment guidance to $120.0 million. During the quarter, we further diversified our portfolio, expanded our presence in Top 100 MSAs, and continued to achieve sector-leading recapture rates. With the equity capital raised during the quarter and our low-levered balance sheet, we are fully funded through 2027 and well positioned to execute on our growth plan.
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