For Q1 FY2026 (ended March 31, 2026), Broadstone Net Lease reported revenue of $121.4 million, up 11.7% year-over-year. Net income surged 176.9% to $46.4 million, with diluted EPS of $0.24, a 166.7% increase. Operating income was $27.0 million, up 39.1% from the prior year. The company held $20.3 million in cash, with total equity of $2.89 billion and long-term debt of $2.65 billion.
•Revenue increased 11.7% YoY to $121.4 million.
•Net income rose 176.9% YoY to $46.4 million.
•Diluted EPS grew 166.7% to $0.24.
•Long-term debt stood at $2.65 billion against $2.89 billion in equity.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Broadstone Net Lease is an industrial-focused, diversified net lease REIT that invests in primarily single-tenant commercial real estate properties that are net leased on a long-term basis to a diversified group of tenants.
Utilizing an investment strategy underpinned by strong fundamental credit analysis and prudent real estate underwriting, as of March 31, 2026, BNL's diversified portfolio consisted of 773 individual net leased commercial properties with 766 properties located in 44 U.S. states and seven properties located in four Canadian provinces across the industrial, retail, and property types. Broadstone Net Lease, Inc. was established on October 18, 2017 and is based in Victor, United States. Broadstone Net Lease, Inc. was incorporated in Maryland.
Broadstone Net Lease, Inc. is an industrial-focused, diversified net lease real estate investment trust (REIT). The company invests primarily in single-tenant commercial real estate properties that are net leased on a long-term basis to a diversified group of tenants. As of March 31, 2026, its portfolio consisted of 773 individual net leased commercial properties across industrial, retail, and other property types. The company's investment strategy emphasizes strong fundamental credit analysis and prudent real estate underwriting.
Where is Broadstone Net Lease (BNL) listed and in which currency?
Broadstone Net Lease, Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol BNL. Its securities trade in U.S. dollars (USD), reflecting its primary operations in the United States.
What sector and industry does Broadstone Net Lease (BNL) operate in?
Broadstone Net Lease operates in the Real Estate sector, specifically within the REIT - Diversified industry. As a real estate investment trust, it focuses on owning and leasing commercial properties, with a diversified portfolio that includes industrial, retail, and other property types. The company's net lease structure means tenants are responsible for expenses such as taxes, insurance, and maintenance, providing stable, long-term rental income.
Where is Broadstone Net Lease (BNL) headquartered and what markets does it serve?
Broadstone Net Lease, Inc. is headquartered in Victor, New York, United States. The company's portfolio is primarily concentrated in the United States, with 766 properties located across 44 U.S. states as of March 31, 2026. Additionally, it holds seven properties in four Canadian provinces, giving it a North American footprint. The company was incorporated in Maryland and established on October 18, 2017.
What is the business model of Broadstone Net Lease (BNL) and what does its portfolio look like?
Broadstone Net Lease operates as a net lease REIT, meaning it acquires single-tenant commercial properties and leases them on a long-term basis, with tenants covering property expenses like taxes, insurance, and maintenance. This model generates predictable, stable cash flows. As of March 31, 2026, the company's diversified portfolio comprised 773 properties, with a strong industrial focus. The properties are spread across 44 U.S. states and four Canadian provinces, spanning industrial, retail, and other property types. The company's investment approach combines rigorous credit analysis of tenants with careful real estate underwriting to manage risk.