STAG Industrial, Inc.

STAG Industrial, Inc. reported a 9.1% increase in total revenue to $224.2 million for Q1 2026. However, net income attributable to the company decreased significantly by 32.2% to $62.0 million, with diluted EPS falling to $0.32, primarily due to lower gains on property sales compared to the prior year. Despite the drop in net income, net cash provided by operating activities grew by 13.4% to $117.4 million, and the company actively managed its portfolio with one acquisition for $80.7 million and one disposition for $29.6 million.

STAG Industrial reported its first quarter 2026 financial and operating results, with Core FFO per diluted share increasing 6.6% to $0.65 and Same Store Cash NOI growing 4.1% to $159.3 million. Net income attributable to common stockholders decreased 32.2% to $62.0 million, primarily due to lower gains on property sales compared to the prior year. The company executed strong leasing activity with a 20.9% Cash Rent Change and maintained a high occupancy rate of 95.1% on its total portfolio.