| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 12.09 | 1.8% | 6.5% |
| Total Income | 12.09 | 1.8% | 6.5% |
| Expenditure | 5.95 | 5.6% | 10.8% |
| PBT | — | ||
| Net Profit | 5.90 | 2.1% | 19.4% |
| OPM | 50.76% | 1.90pp | 7.73pp |
| NPM | 48.78% | 1.86pp | 7.82pp |
| EPS | 0.29 | 3.6% | 19.4% |
NewLake Capital Partners Reports Q2 2026 Financial Results
06 Aug 2026 · 6 Aug, 3:03 am
Summary
NewLake Capital Partners announced its financial results for the second quarter ended June 30, 2026, reporting total revenue of $12.1 million. Net income attributable to common stockholders was $5.9 million, or $0.29 per share, while Funds From Operations (FFO) and Adjusted Funds From Operations (AFFO) were $9.9 million and $10.3 million, respectively. The company highlighted the collection of 100% of contractual rent and recent positive developments including the extension of its revolving credit facility and a new property acquisition.
Key Highlights
- 1
Total revenue for the second quarter of 2026 was $12.1 million.
- 2
Net income attributable to common stockholders for Q2 2026 totaled $5.9 million, or $0.29 per share.
- 3
Funds From Operations (FFO) for Q2 2026 reached $9.9 million, or $0.47 per share.
- 4
Adjusted Funds From Operations (AFFO) for Q2 2026 was $10.3 million, or $0.49 per share.
- 5
The Company declared a second quarter dividend of $0.43 per share, equivalent to an annualized dividend of $1.72 per common share.
- 6
Subsequent to quarter end, the Company extended the maturity of its revolving credit facility to May 2029 and lowered its borrowing cost.
Management Comments
Anthony Coniglio
Our second quarter results were consistent with our expectations, highlighted by 100% collection of contractual rent during the period. We remain focused on disciplined capital allocation and managing risk across our portfolio. Subsequent to quarter end, we were pleased to extend the maturity of our revolving credit facility to May 2029 while lowering our borrowing cost, and deploy capital into an accretive dispensary acquisition in Kentucky.
Informational and educational content only. Not investment advice.