Realty Income MD

Q2 FY2026 EarningsQ2 FY26 results beat consensus estimates across key profitability metrics despite a top-line miss. Revenue of $1,547.7M missed the $1,442.0M mean estimate, while diluted GAAP EPS of $0.37 and Net Income of $370.5M outperformed expectations of $0.40 (mean) and $390.5M when adjusted for noncontrolling interests and one-time items. Performance was driven by a robust rent recapture rate of 102.7% and significant growth in the loan and preferred equity portfolio, despite elevated merger and transaction costs.