Broadstone Net Lease, Inc. (BNL) Form 10-Q — Jul 29, 2026
Broadstone Net Lease reported net income attributable to the company of $86.2 million for the six months ended June 30, 2026, compared to $36.9 million in the prior year period. Lease revenues increased 9.9% to $243.7 million, driven by portfolio growth and the stabilization of development projects, while the portfolio maintained 100% occupancy. Investment activity totaled $263.4 million during the six-month period, including acquisitions and build-to-suit developments, partially funded by borrowings on the revolving credit facility. The company recognized a $20.1 million gain on the sale of real estate during the period, compared to $1.0 million in the prior year.
Key figures
- Eps
- 0.45
- Revenue
- 243710
- Net Income
- 86647
- Cash Position
- 11095
- Revenue Growth
- 9.9%
- Shares Outstanding
- 191892971
- Gain on sale
- 20111
- Atm net proceeds
- 162731
- Impairment charge
- 3546
- Portfolio occupancy
- 100.0%
- Weighted avg lease term years
- 9.3
Price after filing
Close on the filing date to close N calendar days later (from $22.39). Historical, not a forecast.
AI analysis
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