ESSENTIAL PROPERTIES REALTY TRUST, INC.EPRTEarnings & Financial Report
Essential Properties Realty Trust is a publicly traded real estate investment trust (REIT) that acquires, owns and manages a diversified portfolio of single-tenant net-leased commercial properties across the United States. Its assets primarily cover essential service-oriented sectors including casual dining, automotive services, medical clinics, early childhood education centers and light industrial facilities, with tenants mostly holding robust long-term operating track records.
EPRT Q1 FY2026 Key Financial Metrics
Revenue
$158.8M
Gross Profit
N/A
Operating Profit
$89.6M
Net Profit
$60.0M
Gross Margin
N/A
Operating Margin
56.5%
Net Margin
37.8%
YoY Growth
22.8%
EPS
$0.28
ESSENTIAL PROPERTIES REALTY TRUST, INC. Q1 FY2026 Financial Summary
ESSENTIAL PROPERTIES REALTY TRUST, INC. reported revenue of $158.8M (up 22.8% YoY) for Q1 FY2026, with a net profit of $60.0M (up 6.5% YoY) (37.8% margin).
Key Financial Metrics
| Total Revenue | $158.8M |
|---|---|
| Net Profit | $60.0M |
| Gross Margin | N/A |
| Operating Margin | 56.5% |
| Report Period | Q1 FY2026 |
Revenue Breakdown
ESSENTIAL PROPERTIES REALTY TRUST, INC. Q1 FY2026 revenue of $158.8M breaks down across 3 segments, led by Rental revenue 1,2 at $149.4M (94.1% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Rental revenue 1,2 | $149.4M | 94.1% |
| Other | $8.6M | 5.4% |
| Other revenue | $779.0K | 0.5% |
ESSENTIAL PROPERTIES REALTY TRUST, INC. Annual Revenue by Year
ESSENTIAL PROPERTIES REALTY TRUST, INC. annual revenue history includes year-by-year totals (for example, 2025 revenue was $561.2M).
ESSENTIAL PROPERTIES REALTY TRUST, INC. Quarterly Revenue & Net Profit History
ESSENTIAL PROPERTIES REALTY TRUST, INC. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $158.8M | +22.8% | $60.0M | 37.8% |
| Q4 FY2025 | $149.9M | +25.2% | $68.1M | 45.4% |
| Q3 FY2025 | $144.9M | +23.7% | $65.6M | 45.3% |
| Q2 FY2025 | $137.1M | +25.4% | $63.2M | 46.1% |
| Q1 FY2025 | $129.4M | +25.0% | $56.1M | 43.4% |
| Q4 FY2024 | $119.7M | +22.5% | $55.4M | 46.3% |
| Q3 FY2024 | $117.1M | +27.8% | $49.1M | 42.0% |
| Q2 FY2024 | $109.3M | +26.3% | $51.5M | 47.1% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $109.3M | $117.1M | $119.7M | $129.4M | $137.1M | $144.9M | $149.9M | $158.8M |
| YoY Growth | 26.3% | 27.8% | 22.5% | 25.0% | 25.4% | 23.7% | 25.2% | 22.8% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $5.27B | $5.53B | $5.80B | $6.06B | $6.29B | $6.61B | $6.86B | $7.15B |
| Liabilities | $2.01B | $2.33B | $2.23B | $2.23B | $2.45B | $2.77B | $2.66B | $2.76B |
| Equity | $3.24B | $3.19B | $3.56B | $3.81B | $3.83B | $3.84B | $4.20B | $4.39B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $81.1M | $73.5M | $308.5M | $77.2M | $99.8M | $99.0M | $381.1M |