NETSTREIT Corp. (NTST) Form 10-Q — Oct 21, 2026
NETSTREIT's Q3 2026 revenue rose 37% year over year to $66.3 million, with net income of $8.5 million versus $0.6 million a year ago, driven by rapid portfolio expansion to 919 properties at 99.9% occupancy. The company acquired 214 properties for $750.6 million during the first nine months at an underwritten cash yield of roughly 7.4%, funded by $556.1 million of settled forward equity and expanded unsecured term loans.
Key figures
- Eps
- 0.08
- Revenue
- 66262000
- Net Income
- 8507000
- Total Debt
- 1199600000
- Revenue Yoy
- 37.2% (Q3 2026 vs Q3 2025, $66.3M vs $48.3M)
- Total Assets
- 3279742000
- Cash Position
- 42305000
- Shares Outstanding
- 125632968
- Abrun
- $246.3 million
- Occupancy
- 99.9%
- Walt years
- 10.1
- Q3 acquisitions
- 79 properties for $264.0M
- Properties owned
- 919
- Nine month revenue
- 184608000
- Q3 2025 net income
- 621000
- Nine month net income
- 20529000
- Q3 dividend per share
- 0.225
- Nine month acquisitions
- 214 properties for $750.6M
- Unsettled forward equity
- $196.9M (2026 ATM) + $33.2M (2024 ATM)
AI analysis
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