Broadstone Net Lease, Inc. (BNL)
NYSE: BNL · Real-Time Price · USD
20.47
-0.07 (-0.32%)
At close: Sep 11, 2026, 4:00 PM EDT
20.42
-0.04 (-0.22%)
After-hours: Sep 11, 2026, 7:30 PM EDT
Broadstone Net Lease Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Rental Revenue | 122.31 | 121.4 | 118.3 | 114.17 | 112.99 | 108.69 | 112.13 | 108.4 | 105.91 | 105.37 | 105 | 109.54 | 109.35 | 118.99 | 112.14 | 103.52 | 98.01 | 93.84 | 92.64 | 122.78 |
| 122.31 | 121.4 | 118.3 | 114.17 | 112.99 | 108.69 | 112.13 | 108.4 | 105.91 | 105.37 | 105 | 109.54 | 109.35 | 118.99 | 112.14 | 103.52 | 98.01 | 93.84 | 92.64 | 122.78 | |
Revenue Growth (YoY (YoY) | 8.25% | 11.70% | 5.50% | 5.32% | 6.68% | 3.16% | 6.79% | -1.05% | -3.15% | -11.45% | -6.36% | 5.81% | 11.57% | 26.80% | 21.04% | -15.68% | 15.64% | 13.47% | 12.58% | 52.06% |
Property Expenses | 5.82 | 6.18 | 6.28 | 6.2 | 5 | 5.49 | 6.77 | 7.01 | 5.3 | 5.66 | 6 | 5.71 | 4.99 | 5.89 | 6.4 | 5.64 | 4.7 | 5.04 | 4.44 | 4.84 |
Selling, General & Administrative | 11.9 | 10.35 | 9.67 | 9.97 | 9.57 | 9.67 | 9.93 | 8.72 | 9.9 | 9.43 | 10.79 | 10.14 | 9.48 | 10.42 | 9.32 | 9.94 | 9.29 | 8.83 | 8.53 | 8.55 |
Depreciation & Amortization | 48.1 | 41.53 | 41.77 | 39.95 | 37.88 | 39.3 | 41.39 | 38.02 | 37.4 | 37.77 | 39.28 | 38.53 | 39.03 | 40.28 | 39.41 | 37.1 | 35.51 | 34.29 | 29.68 | 36.68 |
Total Operating Expenses | 65.82 | 58.06 | 57.72 | 56.12 | 52.45 | 54.46 | 58.08 | 53.75 | 52.61 | 52.86 | 56.06 | 54.38 | 53.5 | 56.59 | 55.12 | 52.68 | 49.5 | 48.16 | 42.64 | 50.08 |
Operating Income | 56.49 | 63.35 | 60.58 | 58.05 | 60.54 | 54.23 | 54.05 | 54.65 | 53.3 | 52.5 | 48.94 | 55.16 | 55.85 | 62.41 | 57.02 | 50.85 | 48.52 | 45.68 | 50 | 72.7 |
Interest Expense | -25.79 | -25.26 | -25.05 | -28.23 | -21.11 | -20.07 | -19.57 | -18.18 | -17.76 | -18.58 | -18.97 | -19.67 | -20.28 | -21.14 | -23.77 | -20.1 | -17.89 | -16.9 | -17 | -15.61 |
Interest & Investment Income | 0.14 | 0.05 | -0.01 | 0.18 | 0.12 | 0.1 | 0.04 | 0.07 | 0.65 | 0.23 | 0.14 | 0.13 | 0.08 | 0.16 | 0.04 | 0 | - | - | 0.01 | - |
Currency Exchange Gain (Loss) | 1.29 | 1.4 | -1.3 | 1.31 | -3.45 | -0.3 | 4.7 | -0.94 | - | 1.7 | -1.4 | 1.43 | -1.7 | -0.02 | -0.8 | 4.93 | - | -1.1 | -0.2 | - |
Other Non-Operating Income | 0.03 | 0.05 | -2.5 | - | - | -0.19 | -0 | - | 0.75 | -0 | -0.05 | 0.03 | 0.03 | 0 | 0.05 | 0 | 2.63 | -0.03 | 0.15 | -0.03 |
EBT Excluding Unusual Items | 32.16 | 39.58 | 31.72 | 31.31 | 36.1 | 33.77 | 39.23 | 35.6 | 36.94 | 35.85 | 28.66 | 37.09 | 33.98 | 41.41 | 32.53 | 35.69 | 33.26 | 27.66 | 32.96 | 57.07 |
Gain (Loss) on Sale of Assets | 12.99 | 7.12 | 8.37 | 3.26 | 0.57 | 0.41 | 8.2 | 2.44 | 3.38 | 59.13 | 6.27 | 15.16 | 29.46 | 3.42 | 10.63 | 0.06 | 4.07 | 1.2 | 3.73 | 1.22 |
Asset Writedown | -4.55 | - | -4.67 | -7.3 | -16.64 | -16.33 | -19.29 | -1.06 | -3.85 | -26.4 | -29.8 | - | - | -2.97 | -6.2 | -6.46 | -1.38 | - | -4.01 | -25.99 |
Other Unusual Items | - | - | - | - | - | - | - | - | - | - | 1.4 | - | - | - | -0.08 | -0.23 | - | - | - | -1.3 |
Pretax Income | 40.6 | 46.7 | 35.42 | 27.27 | 20.03 | 17.85 | 28.13 | 36.98 | 36.47 | 68.59 | 6.53 | 52.25 | 63.44 | 41.85 | 36.88 | 29.07 | 35.95 | 28.85 | 32.68 | 31 |
Income Tax Expense | 0.35 | 0.31 | 0.39 | 0.21 | 0.2 | 0.36 | 0.53 | -0.29 | 0.53 | 0.41 | -0.27 | 0.1 | 0.45 | 0.48 | 0.11 | 0.36 | 0.4 | 0.41 | 0.46 | 0.47 |
Earnings From Continuing Operations | 40.26 | 46.39 | 35.03 | 27.07 | 19.83 | 17.49 | 27.61 | 37.27 | 35.94 | 68.18 | 6.8 | 52.15 | 63 | 41.37 | 36.77 | 28.71 | 35.55 | 28.44 | 32.23 | 30.52 |
Minority Interest in Earnings | -0.46 | -0.03 | -1.9 | -0.6 | 0.33 | -0.75 | -1.22 | -1.66 | -0.61 | -3.06 | -0.32 | -2.46 | -2.98 | -2.07 | -2.04 | -1.6 | -2.04 | -1.68 | -1.94 | -1.82 |
Net Income | 39.8 | 46.37 | 33.13 | 26.47 | 20.16 | 16.74 | 26.39 | 35.61 | 35.33 | 65.11 | 6.48 | 49.68 | 60.01 | 39.3 | 34.73 | 27.11 | 33.52 | 26.76 | 30.29 | 28.7 |
Preferred Dividends & Other Adjustments | 0.32 | 0.33 | 0.31 | 0.31 | 0.31 | 0.31 | 0.29 | 0.28 | 0.3 | 0.36 | 0.14 | 0.14 | 0.16 | 0.14 | 0.11 | 0.11 | 0.11 | 0.1 | 0.1 | 0.1 |
Net Income to Common | 39.48 | 46.04 | 32.82 | 26.16 | 19.85 | 16.43 | 26.1 | 35.32 | 35.03 | 64.76 | 6.34 | 49.54 | 59.85 | 39.17 | 34.62 | 27 | 33.41 | 26.66 | 30.19 | 28.6 |
Net Income Growth (YoY) | 98.89% | 180.17% | 25.72% | -25.96% | -43.34% | -74.62% | 311.85% | -28.70% | -41.47% | 65.33% | -81.69% | 83.47% | 79.14% | 46.91% | 14.67% | -5.60% | 58.22% | 20.53% | 86.64% | 228.62% |
Basic Shares Outstanding | 191 | 190 | 188 | 188 | 188 | 188 | 188 | 187 | 187 | 187 | 187 | 187 | 187 | 186 | 173 | 173 | 170 | 164 | 162 | 159 |
Diluted Shares Outstanding | 200 | 200 | 198 | 198 | 197 | 197 | 197 | 197 | 196 | 196 | 196 | 196 | 196 | 196 | 184 | 183 | 180 | 174 | 172 | 170 |
Shares Change (YoY) | 1.58% | 1.45% | 0.63% | 0.36% | 0.34% | 0.24% | 0.17% | 0.29% | 0.12% | 0.12% | 6.96% | 7.32% | 8.86% | 12.56% | 6.68% | 7.89% | 14.50% | 11.21% | 10.35% | 37.45% |
EPS (Basic) | 0.21 | 0.24 | 0.17 | 0.14 | 0.11 | 0.09 | 0.14 | 0.19 | 0.19 | 0.35 | 0.03 | 0.27 | 0.32 | 0.21 | 0.20 | 0.16 | 0.20 | 0.16 | 0.19 | 0.18 |
EPS (Diluted) | 0.21 | 0.24 | 0.17 | 0.14 | 0.10 | 0.09 | 0.14 | 0.19 | 0.19 | 0.35 | 0.03 | 0.26 | 0.32 | 0.21 | 0.20 | 0.16 | 0.20 | 0.16 | 0.19 | 0.18 |
EPS Growth (YoY) | 95.74% | 175.16% | 24.72% | -26.44% | -43.71% | -74.73% | 309.73% | -29.08% | -41.77% | 64.26% | -83.03% | 69.41% | 62.84% | 29.26% | 6.97% | -12.88% | 36.24% | 6.86% | 66.09% | 129.13% |
Additional Metrics
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Dividend Per Share | 0.292 | 0.292 | 0.290 | 0.290 | 0.290 | 0.290 | 0.290 | 0.290 | 0.290 | 0.285 | 0.285 | 0.280 | 0.280 | 0.275 | 0.275 | 0.270 | 0.270 | 0.265 | 0.265 | 0.255 |
Dividend Growth (YoY) | 0.86% | 0.86% | 0% | 0% | 0% | 1.75% | 1.75% | 3.57% | 3.57% | 3.64% | 3.64% | 3.70% | 3.70% | 3.77% | 3.77% | 5.88% | 5.88% | 6.00% | - | 88.89% |
Operating Margin | 46.19% | 52.18% | 51.21% | 50.85% | 53.58% | 49.90% | 48.20% | 50.41% | 50.32% | 49.83% | 46.61% | 50.36% | 51.07% | 52.45% | 50.84% | 49.11% | 49.50% | 48.68% | 53.97% | 59.21% |
Profit Margin | 32.28% | 37.92% | 27.74% | 22.91% | 17.57% | 15.12% | 23.28% | 32.59% | 33.07% | 61.46% | 6.04% | 45.22% | 54.73% | 32.92% | 30.88% | 26.08% | 34.09% | 28.41% | 32.59% | 23.30% |
EBITDA | 103.58 | 103.86 | 101.33 | 96.8 | 97.12 | 92.47 | 94.45 | 91.35 | 89.61 | 89.26 | 87.21 | 92.64 | 93.8 | 100.6 | 95.11 | 86.77 | 82.86 | 78.81 | 82.58 | 104.64 |
EBITDA Margin | 84.69% | 85.55% | 85.66% | 84.78% | 85.96% | 85.07% | 84.23% | 84.28% | 84.61% | 84.71% | 83.05% | 84.57% | 85.78% | 84.54% | 84.82% | 83.82% | 84.54% | 83.98% | 89.13% | 85.23% |
D&A For Ebitda | 47.09 | 40.51 | 40.75 | 38.75 | 36.58 | 38.23 | 40.4 | 36.71 | 36.31 | 36.75 | 38.26 | 37.48 | 37.95 | 38.19 | 38.1 | 35.92 | 34.34 | 33.13 | 32.58 | 31.94 |
EBIT | 56.49 | 63.35 | 60.58 | 58.05 | 60.54 | 54.23 | 54.05 | 54.65 | 53.3 | 52.5 | 48.94 | 55.16 | 55.85 | 62.41 | 57.02 | 50.85 | 48.52 | 45.68 | 50 | 72.7 |
EBIT Margin | 46.19% | 52.18% | 51.21% | 50.85% | 53.58% | 49.90% | 48.20% | 50.41% | 50.32% | 49.83% | 46.61% | 50.36% | 51.07% | 52.45% | 50.84% | 49.11% | 49.50% | 48.68% | 53.97% | 59.21% |
Funds From Operations (FFO) | 79.83 | 80.7 | 73.01 | 70.97 | - | 72.63 | 80 | - | 72.63 | 73.14 | 69.44 | - | - | 81.18 | 71.72 | 72.52 | 68.34 | 61.5 | 62.15 | 91.95 |
FFO Per Share | - | 0.40 | 0.37 | - | - | 0.37 | 0.41 | - | 0.37 | 0.37 | 0.35 | - | - | 0.41 | 0.39 | 0.37 | 0.38 | 0.35 | 0.36 | 0.54 |
Adjusted Funds From Operations (AFFO) | 78.21 | 76.85 | - | 74.31 | - | 71.81 | - | - | 71.81 | 70.87 | - | - | - | 67.49 | - | 69 | 62.8 | 60.4 | - | 55.84 |
AFFO Per Share | - | 0.38 | - | - | - | 0.36 | - | - | 0.36 | 0.36 | - | - | - | 0.34 | - | 0.35 | 0.35 | 0.35 | - | 0.33 |
FFO Payout Ratio | 70.26% | 69.01% | 75.23% | 73.97% | - | 77.38% | 68.55% | - | 74.27% | 74.45% | 75.61% | - | - | 63.87% | 65.53% | 63.24% | 65.64% | 70.73% | 66.22% | 43.53% |
Effective Tax Rate | 0.85% | 0.67% | 1.10% | 0.76% | 0.99% | 1.99% | 1.87% | - | 1.46% | 0.60% | - | 0.20% | 0.71% | 1.14% | 0.29% | 1.23% | 1.11% | 1.43% | 1.40% | 1.53% |