NETSTREIT Corp. (NTST) Form 10-Q — Jul 22, 2026
NETSTREIT reported strong financial results for the six months ended June 30, 2026, with total revenues increasing 25.6% year-over-year to $118.3 million and net income more than doubling to $12.0 million. The growth was driven by an active acquisition strategy that added 135 properties for a total purchase price of $486.7 million, expanding the portfolio to 864 properties across 46 states. The company funded this expansion through a mix of debt and equity, drawing $100.0 million on its 2032 Term Loan and settling forward sale agreements for proceeds of $138.5 million.
Key figures
- Eps
- 0.12
- Revenue
- 118346000
- Net Income
- 12022000
- Total Debt
- 1399264000
- Cash Position
- 20047000
- Revenue Growth
- 25.6%
- Shares Outstanding
- 101527998
- Properties Acquired
- 135
- Portfolio Properties
- 864
- Acquisition Purchase Price
- 486654000
Price after filing
Close on the filing date to close N calendar days later (from $21.78). Historical, not a forecast.
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.