STAG Industrial, Inc. Q2 FY26 Results

Summary

STAG Industrial announced its financial and operating results for the second quarter ended June 30, 2026. The company reported $0.28 of net income per diluted common share, up from $0.27 in the prior year. Core FFO per diluted share increased by 3.2% to $0.65, and Same Store Cash NOI grew by 3.4% to $158.8 million. Management highlighted sustained execution and stabilizing industrial fundamentals, with the company entering the second half of 2026 with an active pipeline and a fortified balance sheet.

Key Highlights

1. 1

   STAG Industrial reported $0.28 of net income per basic and diluted common share for the second quarter of 2026, an increase from $0.27 in the prior year period.

2. 2

   Core FFO per diluted share was $0.65 for the second quarter of 2026, an increase of 3.2% compared to $0.63 in the second quarter of 2025.

3. 3

   Same Store Cash NOI increased by 3.4% to $158.8 million for the second quarter of 2026, compared to $153.6 million in the second quarter of 2025.

4. 4

   The Company acquired seven buildings totaling 2.6 million square feet for $287.1 million in the second quarter of 2026.

5. 5

   An Occupancy Rate of 94.5% on the total portfolio and 95.5% on the Operating Portfolio was achieved as of June 30, 2026.

6. 6

   Subsequent to quarter end, STAG Industrial refinanced and combined $150 million term loan A and $200 million term loan F, extending maturity to January 16, 2032.