Broadstone Net Lease Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Property Revenue	466.85	454.14	431.8	442.89	407.51	382.88
Revenue	466.85	454.14	431.8	442.89	407.51	382.88
Revenue Growth (YoY)	7.29%	5.17%	-2.50%	8.68%	6.44%	19.04%
Property Expenses	23.66	22.97	24.74	22.58	21.77	18.46
Total Property Expenses	23.66	22.97	24.74	22.58	21.77	18.46
Gross Profit	443.19	431.17	407.06	420.31	385.74	364.42
Selling, General & Admin	39.56	38.88	37.99	39.43	37.38	36.37
Depreciation & Amortization Expenses	166.12	164.09	156.18	158.63	154.81	132.1
Other Operating Expenses	23.61	39.73	49	31.27	5.54	28.21
Operating Income	213.9	188.46	163.89	190.99	188.02	167.75
Net Gains on Disposal of Properties	19.32	12.6	73.15	54.31	15.95	13.52
Interest Income	0.34	0.39	0.99	0.51	0.04	0.02
Interest Expense	-99.65	-94.47	-74.08	-80.05	-78.65	-64.15
Other Non-Operating Income (Expense)	-5.59	-7.57	5.03	-2.44	4.11	-7.61
Total Non-Operating Income (Expense)	-85.59	-89.05	5.1	-27.68	-58.55	-58.22
Pretax Income	128.32	99.42	168.99	163.31	129.48	109.53
Net Income	126.12	96.5	162.44	155.48	122.12	102.43
Minority Interest in Earnings	2.2	2.92	6.55	7.83	7.36	7.1
Net Income to Common	126.12	96.5	162.44	155.48	122.12	102.43
Net Income Growth	10.56%	-40.60%	4.48%	27.32%	19.22%	100.13%
Shares Outstanding (Basic)	189	188	187	187	170	153
Shares Outstanding (Diluted)	198	198	197	196	180	164
Shares Change (YoY)	0.75%	0.48%	0.15%	8.94%	9.90%	27.31%
EPS (Basic)	0.66	0.51	0.86	0.83	0.72	0.67
EPS (Diluted)	0.65	0.50	0.86	0.83	0.72	0.67
EPS Growth	6.56%	-41.86%	3.61%	15.28%	7.46%	52.27%
Shares Outstanding	191.77	191.42	188.63	187.61	186.11	162.38
Free Cash Flow	-545.25	-468.14	-137.6	100.33	-660.23	-421.69
Free Cash Flow Per Share	-2.75	-2.37	-0.70	0.51	-3.66	-2.57
Dividends Per Share	1.163	1.160	1.155	1.120	1.080	1.025
Dividend Growth	0.22%	0.43%	3.13%	3.70%	5.37%	166.23%
Gross Margin	94.93%	94.94%	94.27%	94.90%	94.66%	95.18%
Operating Margin	45.82%	41.50%	37.96%	43.12%	46.14%	43.81%
Profit Margin	27.49%	21.89%	39.14%	36.87%	31.77%	28.61%
FCF Margin	-116.79%	-103.08%	-31.87%	22.65%	-162.01%	-110.14%
EBITDA	375.6	348.08	315.66	343.77	338.02	296.64
EBITDA Margin	80.45%	76.65%	73.10%	77.62%	82.95%	77.48%
EBIT	213.9	188.46	163.89	190.99	188.02	167.75
EBIT Margin	45.82%	41.50%	37.96%	43.12%	46.14%	43.81%

Updated Apr 30, 2026. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q