STAG Industrial, Inc. (STAG) Form 10-Q — Oct 27, 2026
STAG Industrial reported Q3 2026 net income of $72.2 million, up 45.3% year-over-year, on total revenue of $231.0 million (+10.0% YoY), with Q3 diluted EPS of $0.37 versus $0.26 a year ago, boosted by a $24.2 million gain on property sales. For the nine months, revenue rose 8.9% to $679.6 million and FFO grew to $382.9 million from $361.2 million, though net income slipped 2.4% to $189.5 million on higher interest expense. The company acquired 10 buildings for $496.3 million and sold 7 buildings for $117.3 million in net proceeds, with blended Q3 cash rent change of 23.8%.
Key figures
- Eps
- 0.37
- Revenue
- 679621000
- Net Income
- 72156000
- Total Debt
- 3416927000
- Revenue Yoy
- 8.9% (nine months); Q3 total revenue $231.0M vs $211.1M
- Total Assets
- 7504485000
- Cash Position
- 12222000
- Ffo q3 2026
- $128.3M vs $123.3M prior year
- Noi q3 2026
- $184.8M, +9.4% YoY
- Shares outstanding
- 192821995
- Immediate liquidity
- $546.0M ($12.2M cash + $533.8M revolver availability)
- Q3 2026 diluted eps
- $0.37 vs $0.26 prior year
- Q3 cash rent change
- 23.8% blended (new 31.1%, renewal 21.4%)
- Ffo nine months 2026
- $382.9M vs $361.2M prior year
- Same store occupancy
- 97.0% vs 97.7% prior year
- Nine month diluted eps
- $0.97 vs $1.02 prior year
- Acquisitions nine months
- 10 buildings, $496.3M, 4.47M sq ft
- Dispositions nine months
- 7 buildings, $117.3M net proceeds, $47.7M gain
- Weighted avg interest rate
- 4.42%
AI analysis
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