---
title: "ESSENTIAL PROPERTIES REALTY TRUST, INC. Q2 2026: Revenue $161.9M, Net income $74.3M — 10-Q Summary"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293520694.md"
description: "Essential Properties Realty Trust reported Q2 2026 revenue of $161.9M and net income of $74.3M, both up ~17% year-over-year. The portfolio grew to 2,493 properties with 99.6% occupancy. Rental revenue rose 19% due to acquisitions and sale-leasebacks. The company maintains a diversified tenant base across 48 states, strong lease terms averaging 14.3 years, and high rent coverage ratios."
datetime: "2026-07-22T20:51:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293520694.md)
  - [en](https://longbridge.com/en/news/293520694.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293520694.md)
generator: "portal-rs"
---

# ESSENTIAL PROPERTIES REALTY TRUST, INC. Q2 2026: Revenue $161.9M, Net income $74.3M — 10-Q Summary

ESSENTIAL PROPERTIES REALTY TRUST, INC. reported second-quarter 2026 results with revenue of $161.9M, up from $137.1M a year earlier, and net income attributable to stockholders of $74.3M, versus $63.2M in Q2 2025.

**Financial Highlights**

-   Revenue was $161.9M for Q2 2026, compared with $137.1M in Q2 2025; YoY change 17.0%.
-   Net income attributable to stockholders was $74.3M for Q2 2026, compared with $63.2M in Q2 2025; YoY change 17.5%.
-   Diluted earnings per share: not provided in Part I Items 1–2 for Q2 2026 and therefore omitted.

**Business Highlights**

-   Portfolio grew to 2,493 properties, with occupancy at 99.6%, and approximately 287 rental properties added year-over-year contributing to revenue growth.
-   Rental revenue increased about 19% year-to-date driven by acquisitions and sale-leaseback originations, supporting higher cash NOI and operating scale.
-   New investments remained focused on internally originated sale-leasebacks (92% of new investments) and master leases to strengthen tenant relationships and deal sourcing.
-   Portfolio diversification spans 715 concepts across 48 states; top-10 tenants account for only 15.2% of rent, limiting single-tenant concentration risk.
-   Operating discipline reflected in a long weighted average lease term of 14.3 years, 97% of leases with escalations, and strong unit-level rent coverage of 3.5x.

Original SEC Filing: ESSENTIAL PROPERTIES REALTY TRUST, INC. \[ EPRT \] - 10-Q - Jul. 22, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**