NETSTREIT Corp. Q2 2026: Revenue $61.3M, EPS $0.06— 10-Q Summary

NETSTREIT Corp. reported Q2 2026 revenue of $61.3M, up 26.9% YoY, with net income of $6.29M and diluted EPS of $0.06, both significantly improving year-over-year. Growth was driven by portfolio expansion, adding 135 properties to reach 864 total, achieving 100% occupancy. The company highlighted strong lease profiles with high investment-grade tenant exposure and increased investments in mortgage loans and developments.

NETSTREIT Corp. reported second-quarter 2026 results with revenue of $61.3M, net income attributable to common stockholders of $6.29M and diluted EPS of $0.06, each improving versus the year-ago quarter.

Financial Highlights

Revenue: $61.3M for Q2 2026, up from $48.3M in Q2 2025; YoY change 26.9%.
Net income: $6.29M attributable to common stockholders for Q2 2026, vs. $3.27M in Q2 2025; YoY change 92.2%.
Diluted EPS: $0.06 for Q2 2026, vs. $0.04 in Q2 2025; YoY change 50.0%.

Business Highlights

Revenue growth driven by portfolio expansion: rental and total revenues rose materially, with six-month revenue reaching $118.3M.
Portfolio additions: 135 properties added year-to-date, bringing the portfolio to 864 properties and increasing occupancy to 100% (excluding developments).
Lease profile: weighted average lease term is approximately 10 years, with 41% of ABR from investment-grade tenants and an additional 16% from tenants with investment-grade profiles.
Investments and developments: increased investments in mortgage loans and five developments under construction; development completions began generating rent in Q2.
Operational performance: property-level cash NOI improved, aided by intraquarter acquisitions and dispositions that boosted the estimated run rate.

Original SEC Filing: NETSTREIT Corp. [ NTST ] - 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.

Financial Highlights

Revenue: $61.3M for Q2 2026, up from $48.3M in Q2 2025; YoY change 26.9%.
Net income: $6.29M attributable to common stockholders for Q2 2026, vs. $3.27M in Q2 2025; YoY change 92.2%.
Diluted EPS: $0.06 for Q2 2026, vs. $0.04 in Q2 2025; YoY change 50.0%.

Business Highlights

Revenue growth driven by portfolio expansion: rental and total revenues rose materially, with six-month revenue reaching $118.3M.
Portfolio additions: 135 properties added year-to-date, bringing the portfolio to 864 properties and increasing occupancy to 100% (excluding developments).
Lease profile: weighted average lease term is approximately 10 years, with 41% of ABR from investment-grade tenants and an additional 16% from tenants with investment-grade profiles.
Investments and developments: increased investments in mortgage loans and five developments under construction; development completions began generating rent in Q2.
Operational performance: property-level cash NOI improved, aided by intraquarter acquisitions and dispositions that boosted the estimated run rate.

Original SEC Filing: NETSTREIT Corp. [ NTST ] - 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.