NETSTREIT Corp. (NTST)

NETSTREIT Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Property Revenue	182.14	150.82	123.97	93.93	59.14
Service and Other Revenue	12.87	11.96	7.94	2.35	-
Revenue	195.01	162.78	131.91	96.28	59.14
Revenue Growth (YoY)	19.79%	23.41%	37.00%	62.80%	75.35%
Property Expenses	19.21	17.42	16.41	11.7	5.8
Total Property Expenses	19.21	17.42	16.41	11.7	5.8
Gross Profit	175.8	145.36	115.49	84.58	53.34
Selling, General & Admin	21.72	19.72	20.18	19.05	14.81
Depreciation & Amortization Expenses	86.38	76.87	63.68	50.08	30.81
Other Operating Expenses	17.49	30.33	7.54	1.95	4.24
Operating Income	50.21	18.44	24.1	13.5	3.48
Net Gains on Disposal of Properties	7.69	1.88	1.18	4.15	3
Interest Expense	-51.3	-30.32	-19.06	-9.18	-3.7
Other Non-Operating Income (Expense)	0.4	-1.94	0.62	0.13	0.43
Total Non-Operating Income (Expense)	-43.22	-30.39	-17.26	-4.9	-0.27
Pretax Income	6.99	-11.95	6.84	8.6	3.21
Provision for Income Taxes	0.05	0.05	-0.05	0.4	0.06
Net Income	6.9	-11.94	6.84	8.12	3.05
Minority Interest in Earnings	0.04	-0.06	0.05	0.09	0.1
Net Income to Common	6.9	-11.94	6.84	8.12	3.05
Net Income Growth	-	-	-15.77%	166.48%	342.73%
Shares Outstanding (Basic)	83	77	64	50	37
Shares Outstanding (Diluted)	84	77	65	50	39
Shares Change (YoY)	10.05%	18.33%	28.22%	30.41%	82.78%
EPS (Basic)	0.08	-0.16	0.11	0.16	0.08
EPS (Diluted)	0.08	-0.16	0.11	0.16	0.08
EPS Growth	-	-	-31.25%	100.00%	700.00%
Free Cash Flow	-498.04	-429.22	-339.13	-397.76	-430.48
Free Cash Flow Per Share	-5.91	-5.61	-5.24	-7.89	-11.13
Dividends Per Share	0.850	0.830	0.810	0.800	0.800
Dividend Growth	2.41%	2.47%	1.25%	-	166.67%
Gross Margin	90.15%	89.30%	87.56%	87.85%	90.19%
Operating Margin	25.75%	11.33%	18.27%	14.02%	5.89%
Profit Margin	3.56%	-7.37%	5.22%	8.52%	5.33%
FCF Margin	-255.40%	-263.67%	-257.10%	-413.13%	-727.90%
EBITDA	136.59	95.31	87.78	63.58	34.29
EBITDA Margin	70.04%	58.55%	66.55%	66.04%	57.98%
EBIT	50.21	18.44	24.1	13.5	3.48
EBIT Margin	25.75%	11.33%	18.27%	14.02%	5.89%
Effective Tax Rate	0.77%	-0.41%	-0.72%	4.60%	1.84%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q