| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 61.28 | 7.4% | 26.9% |
| Total Income | 61.28 | 7.4% | 26.9% |
| Expenditure | 41.57 | 10.5% | 15.6% |
| PBT | 6.39 | 11.5% | 93.6% |
| Net Profit | 6.29 | 10.5% | 92.3% |
| OPM | — | ||
| NPM | 10.26% | 0.29pp | 3.48pp |
| EPS | 0.06 | 0.0% | 50.0% |
NETSTREIT Reports Q2 2026 Results, Increases 2026 Guidance
23 Jul 2026 · 23 Jul, 2:07 am
Summary
NETSTREIT Corp. announced its financial and operating results for the second quarter ended June 30, 2026. The company reported net income of $0.06 per diluted share and Adjusted Funds from Operations (AFFO) of $0.35 per diluted share. Demonstrating confidence in its performance, NETSTREIT is increasing its full-year 2026 AFFO per share guidance to a range of $1.37 to $1.39 and raising its net investment activity guidance to $700 million to $800 million. The company also increased its quarterly dividend by 2.3% to $0.225 per share.
Key Highlights
- 1
NETSTREIT reported net income of $0.06 per diluted share and Adjusted Funds from Operations (AFFO) of $0.35 per diluted share for the second quarter of 2026.
- 2
The company completed strong gross investment activity totaling $298.9 million in the second quarter, with a blended cash yield of 7.4%.
- 3
NETSTREIT is increasing its 2026 AFFO per share guidance to a new range of $1.37 to $1.39.
- 4
The company also increased its 2026 net investment guidance range to $700 million to $800 million.
- 5
A quarterly dividend was increased by 2.3% to $0.225 per share.
- 6
The company reported $184.4 million of forward equity sales during the second quarter.
Management Comments
Mark Manheimer
I am pleased to report another solid quarter of gross investment activity at attractive yields as the net lease marketplace remains highly favorable for our opportunity set. Our 100% occupied portfolio remains healthy and continues to produce stable and growing cash flows. Given the excellent condition of our balance sheet, which was bolstered by additional forward equity sales in the quarter, we are increasing both our 2026 net investment guidance and the midpoint of our 2026 AFFO per share guidance.
Informational and educational content only. Not investment advice.