Broadstone Net Lease, Inc. (BNL)
NYSE: BNL · Real-Time Price · USD
19.20
-0.02 (-0.10%)
At close: Sep 18, 2026, 4:00 PM EDT
19.10
-0.10 (-0.52%)
After-hours: Sep 18, 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 | 476.17 | 466.85 | 454.14 | 447.97 | 442.2 | 435.12 | 431.8 | 424.67 | 425.82 | 429.26 | 442.89 | 450.02 | 444 | 432.66 | 407.51 | 388.02 | 407.27 | 394.02 | 382.88 | 372.53 |
| 476.17 | 466.85 | 454.14 | 447.97 | 442.2 | 435.12 | 431.8 | 424.67 | 425.82 | 429.26 | 442.89 | 450.02 | 444 | 432.66 | 407.51 | 388.02 | 407.27 | 394.02 | 382.88 | 372.53 | |
Revenue Growth (YoY (YoY) | 7.68% | 7.29% | 5.17% | 5.49% | 3.85% | 1.37% | -2.50% | -5.63% | -4.10% | -0.79% | 8.68% | 15.98% | 9.02% | 9.81% | 6.44% | 4.16% | 23.23% | 20.83% | 19.04% | 14.88% |
Property Expenses | 24.48 | 23.66 | 22.97 | 23.45 | 24.27 | 24.57 | 24.74 | 23.97 | 22.67 | 22.35 | 22.58 | 22.98 | 22.91 | 22.62 | 21.77 | 19.82 | 19.02 | 18.9 | 18.46 | 19.01 |
Selling, General & Administrative | 41.89 | 39.56 | 38.88 | 38.76 | 37.89 | 38.23 | 37.99 | 38.84 | 38.86 | 38.44 | 39.43 | 37.96 | 39.16 | 38.96 | 37.38 | 36.58 | 35.19 | 35.46 | 36.37 | 37.07 |
Depreciation & Amortization | 171.34 | 161.02 | 158.79 | 158.41 | 156.48 | 156.1 | 154.58 | 152.47 | 152.99 | 155.21 | 157.73 | 157.85 | 156.42 | 152.3 | 146.31 | 136.58 | 136.16 | 131.87 | 128.3 | 114.3 |
Total Operating Expenses | 237.71 | 224.24 | 220.64 | 220.62 | 218.64 | 218.9 | 217.31 | 215.29 | 214.51 | 216.01 | 219.73 | 218.79 | 218.49 | 213.88 | 205.46 | 192.98 | 190.38 | 186.23 | 183.12 | 170.38 |
Operating Income | 238.47 | 242.61 | 233.5 | 227.36 | 223.57 | 216.23 | 214.49 | 209.39 | 211.3 | 213.26 | 223.16 | 231.24 | 225.52 | 218.79 | 202.06 | 195.04 | 216.9 | 207.79 | 199.76 | 202.15 |
Interest Expense | -104.33 | -99.65 | -94.47 | -88.98 | -78.93 | -75.57 | -74.08 | -73.48 | -74.97 | -77.49 | -80.05 | -84.85 | -85.28 | -82.9 | -78.65 | -71.88 | -67.39 | -64.93 | -64.15 | -64.27 |
Interest & Investment Income | 0.35 | 0.34 | 0.39 | 0.45 | 0.33 | 0.86 | 0.99 | 1.09 | 1.15 | 0.58 | 0.51 | 0.41 | 0.29 | 0.21 | 0.04 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 |
Currency Exchange Gain (Loss) | 2.7 | -2 | -3.7 | 2.3 | 0.1 | 4.2 | 6.2 | 0.1 | 2.4 | 0.02 | - | -1.1 | 2.4 | 6.68 | 5.6 | 6.2 | 1.3 | -1.3 | 0.1 | - |
Other Non-Operating Income | -2.43 | -2.48 | -2.72 | -0.22 | -0.27 | -0.18 | 0 | -0.05 | 0.05 | 0.01 | -1.68 | 0.12 | 0.09 | 0.12 | -0.22 | 0.19 | 0.13 | 0.1 | -0.16 | 0 |
EBT Excluding Unusual Items | 134.77 | 138.81 | 133 | 140.9 | 144.8 | 145.53 | 147.61 | 137.04 | 139.94 | 136.38 | 141.94 | 145.81 | 143.01 | 142.89 | 128.83 | 129.57 | 150.94 | 141.67 | 135.56 | 137.89 |
Gain (Loss) on Sale of Assets | 31.74 | 19.32 | 12.6 | 12.43 | 11.61 | 14.43 | 73.15 | 71.23 | 83.95 | 110.03 | 54.31 | 58.67 | 43.56 | 18.17 | 15.95 | 9.06 | 10.22 | 9.99 | 13.52 | 15.05 |
Asset Writedown | -16.51 | -28.71 | -45.03 | -59.66 | -53.42 | -40.53 | -50.6 | -61.11 | -60.05 | -55.6 | -32.17 | -8.57 | -15.03 | -17.01 | -14.04 | -11.84 | -31.38 | -30 | -32.01 | -44.18 |
Other Unusual Items | - | - | - | -0.39 | - | - | - | 1.4 | - | - | - | -1.48 | -0.31 | -0.31 | - | -0.23 | -1.3 | -6.01 | -5.91 | -12.8 |
Pretax Income | 150 | 129.43 | 100.57 | 93.28 | 102.99 | 119.43 | 170.16 | 148.56 | 163.83 | 190.81 | 164.08 | 194.42 | 171.24 | 143.75 | 130.75 | 126.55 | 128.48 | 115.65 | 111.17 | 95.97 |
Income Tax Expense | 1.26 | 1.11 | 1.15 | 1.29 | 0.79 | 1.12 | 1.18 | 0.38 | 0.78 | 0.69 | 0.76 | 1.14 | 1.39 | 1.34 | 1.28 | 1.63 | 1.74 | 1.64 | 1.64 | 1.05 |
Earnings From Continuing Operations | 148.74 | 128.32 | 99.42 | 92 | 102.2 | 118.31 | 168.99 | 148.18 | 163.06 | 190.12 | 163.31 | 193.29 | 169.85 | 142.41 | 129.48 | 124.93 | 126.74 | 114.01 | 109.53 | 94.92 |
Minority Interest in Earnings | -2.98 | -2.2 | -2.92 | -2.24 | -3.3 | -4.24 | -6.55 | -5.65 | -6.45 | -8.83 | -7.83 | -9.56 | -8.69 | -7.75 | -7.36 | -7.25 | -7.48 | -7.05 | -7.1 | -6.52 |
Net Income | 145.76 | 126.12 | 96.5 | 89.76 | 98.9 | 114.07 | 162.44 | 142.53 | 156.6 | 181.29 | 155.48 | 183.73 | 161.16 | 134.66 | 122.12 | 117.67 | 119.26 | 106.96 | 102.43 | 88.4 |
Preferred Dividends & Other Adjustments | 1.27 | 1.26 | 1.24 | 1.22 | 1.19 | 1.12 | 1.17 | 1.02 | 0.88 | 0.78 | 0.56 | 0.53 | 0.5 | 0.46 | 0.42 | 0.41 | 0.4 | 0.39 | 0.39 | 0.38 |
Net Income to Common | 144.49 | 124.86 | 95.25 | 88.54 | 97.71 | 112.95 | 161.28 | 141.51 | 155.73 | 180.51 | 154.92 | 183.2 | 160.66 | 134.2 | 121.7 | 117.27 | 118.87 | 106.57 | 102.03 | 88.02 |
Net Income Growth (YoY) | 47.88% | 10.54% | -40.94% | -37.43% | -37.26% | -37.43% | 4.10% | -22.76% | -3.07% | 34.50% | 27.30% | 56.23% | 35.16% | 25.92% | 19.27% | 33.23% | 74.51% | 70.92% | 99.87% | 44.75% |
Basic Shares Outstanding | 189 | 189 | 188 | 188 | 188 | 188 | 187 | 187 | 187 | 187 | 187 | 183 | 180 | 175 | 170 | 167 | 164 | 158 | 153 | 149 |
Diluted Shares Outstanding | 199 | 198 | 198 | 197 | 197 | 197 | 197 | 197 | 196 | 196 | 196 | 193 | 190 | 186 | 180 | 177 | 174 | 168 | 164 | 160 |
Shares Change (YoY) | 1.10% | 0.79% | 0.48% | 0.22% | 0.25% | 0.18% | 0.15% | 1.88% | 3.60% | 5.76% | 8.94% | 8.85% | 8.91% | 10.28% | 9.90% | 10.89% | 17.32% | 21.19% | 27.31% | 36.37% |
EPS (Basic) | 0.76 | 0.66 | 0.51 | 0.47 | 0.52 | 0.60 | 0.86 | 0.76 | 0.83 | 0.97 | 0.83 | 1.00 | 0.89 | 0.77 | 0.72 | 0.70 | 0.73 | 0.68 | 0.67 | 0.59 |
EPS (Diluted) | 0.76 | 0.66 | 0.50 | 0.47 | 0.52 | 0.60 | 0.86 | 0.75 | 0.83 | 0.96 | 0.83 | 1.00 | 0.89 | 0.76 | 0.72 | 0.70 | 0.73 | 0.67 | 0.67 | 0.59 |
EPS Growth (YoY) | 45.88% | 9.35% | -41.37% | -37.70% | -37.54% | -37.70% | 3.57% | -24.56% | -7.00% | 26.11% | 15.76% | 42.21% | 23.07% | 13.28% | 7.60% | 18.77% | 45.98% | 37.57% | 52.74% | 4.52% |
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 | 1.165 | 1.163 | 1.160 | 1.160 | 1.160 | 1.160 | 1.155 | 1.150 | 1.140 | 1.130 | 1.120 | 1.110 | 1.100 | 1.090 | 1.080 | 1.070 | 1.055 | 1.040 | 1.025 | 0.570 |
Dividend Growth (YoY) | 0.43% | 0.22% | 0.43% | 0.87% | 1.75% | 2.66% | 3.13% | 3.60% | 3.64% | 3.67% | 3.70% | 3.74% | 4.26% | 4.81% | 5.37% | 87.72% | 134.44% | 240.98% | 166.23% | -37.02% |
Operating Margin | 50.08% | 51.97% | 51.42% | 50.75% | 50.56% | 49.69% | 49.67% | 49.30% | 49.62% | 49.68% | 50.39% | 51.38% | 50.79% | 50.57% | 49.58% | 50.27% | 53.26% | 52.73% | 52.17% | 54.26% |
Profit Margin | 30.34% | 26.75% | 20.97% | 19.77% | 22.10% | 25.96% | 37.35% | 33.32% | 36.57% | 42.05% | 34.98% | 40.71% | 36.19% | 31.02% | 29.86% | 30.22% | 29.19% | 27.05% | 26.65% | 23.63% |
EBITDA | 405.56 | 399.21 | 387.81 | 381.32 | 375.49 | 367.87 | 364.66 | 357.42 | 360.11 | 363.7 | 375.04 | 382.95 | 375.68 | 365.34 | 343.56 | 331.02 | 348.89 | 336.02 | 324.84 | 323.71 |
EBITDA Margin | 85.17% | 85.51% | 85.40% | 85.12% | 84.91% | 84.54% | 84.45% | 84.16% | 84.57% | 84.73% | 84.68% | 85.10% | 84.61% | 84.44% | 84.31% | 85.31% | 85.67% | 85.28% | 84.84% | 86.89% |
D&A For Ebitda | 167.1 | 156.59 | 154.32 | 153.96 | 151.92 | 151.64 | 150.17 | 148.03 | 148.81 | 150.44 | 151.88 | 151.72 | 150.16 | 146.56 | 141.5 | 135.98 | 131.99 | 128.24 | 125.09 | 121.56 |
EBIT | 238.47 | 242.61 | 233.5 | 227.36 | 223.57 | 216.23 | 214.49 | 209.39 | 211.3 | 213.26 | 223.16 | 231.24 | 225.52 | 218.79 | 202.06 | 195.04 | 216.9 | 207.79 | 199.76 | 202.15 |
EBIT Margin | 50.08% | 51.97% | 51.42% | 50.75% | 50.56% | 49.69% | 49.67% | 49.30% | 49.62% | 49.68% | 50.39% | 51.38% | 50.79% | 50.57% | 49.58% | 50.27% | 53.26% | 52.73% | 52.17% | 54.26% |
Funds From Operations (FFO) | 304.51 | 298.37 | 290.3 | 297.29 | 300.14 | 300.17 | 300.68 | 290.12 | 291.78 | 290.58 | 298.62 | 300.9 | 297.59 | 293.4 | 273.73 | 264.17 | 283.94 | 265.79 | 256.21 | 238.26 |
FFO Per Share | - | 0.04 | 1.46 | - | - | -0.00 | 1.52 | - | -0.78 | -0.04 | - | 1.56 | - | 0.44 | - | 1.49 | - | - | - | - |
Adjusted Funds From Operations (AFFO) | - | - | 296.28 | - | - | - | 281.99 | - | - | - | 277.73 | - | - | - | 252.17 | - | - | - | 215.96 | - |
AFFO Per Share | - | 0.03 | 1.49 | - | - | 0.01 | 1.43 | - | -0.70 | 0.02 | - | - | - | 0.36 | - | - | - | - | - | - |
FFO Payout Ratio | 71.99% | 73.15% | 75.36% | 73.56% | 73.21% | 72.79% | 72.09% | 73.91% | 72.79% | 72.31% | 69.49% | 67.14% | 65.99% | 64.61% | 66.21% | 66.39% | 59.71% | 60.79% | 60.29% | 55.57% |
Effective Tax Rate | 0.84% | 0.86% | 1.15% | 1.38% | 0.77% | 0.94% | 0.69% | 0.26% | 0.47% | 0.36% | 0.46% | 0.58% | 0.81% | 0.93% | 0.97% | 1.29% | 1.36% | 1.42% | 1.48% | 1.09% |