Global Net Lease, Inc.GNLEarnings & Financial Report
Global Net Lease, Inc. is a publicly traded real estate investment trust that acquires, owns and manages a diversified portfolio of commercial real estate assets under long-term net lease contracts. Its property portfolio spans North America and Europe, covering industrial, office, retail and other key sectors, serving tenants across multiple industries to deliver consistent long-term returns for shareholders.
Revenue
$124.9M
Gross Profit
N/A
Operating Profit
$42.3M
Net Profit
$-24.1M
Gross Margin
N/A
Operating Margin
33.9%
Net Margin
-19.3%
YoY Growth
-14.1%
EPS
$-0.16
Global Net Lease, Inc. Q2 FY2025 Financial Summary
Global Net Lease, Inc. reported revenue of $124.9M (down 14.1% YoY) for Q2 FY2025, with a net profit of $-24.1M (up 32.3% YoY) (-19.3% margin).
Key Financial Metrics
| Total Revenue | $124.9M |
|---|---|
| Net Profit | $-24.1M |
| Gross Margin | N/A |
| Operating Margin | 33.9% |
| Report Period | Q2 FY2025 |
Revenue Breakdown
Global Net Lease, Inc. Q2 FY2025 revenue of $124.9M breaks down across 3 segments, led by Real Estate Investing at $85.9M (68.8% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Real Estate Investing | $85.9M | 68.8% |
| Single Tenant Retail Segment | $35.4M | 28.3% |
| RCG Multi Tenant Retail Assets | $1.5M | 1.2% |
Global Net Lease, Inc. Revenue by Segment — Quarterly Trend
Global Net Lease, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Real Estate Investing and Single Tenant Retail Segment) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Real Estate Investing | — | $84.8M | $85.9M | $93.4M |
| Single Tenant Retail Segment | $30.2M | $30.3M | $35.4M | $37.0M |
| RCG Multi Tenant Retail Assets | — | $5.8M | $1.5M | $1.7M |
Global Net Lease, Inc. Annual Revenue by Year
Global Net Lease, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $495.3M).
| Year | Annual Revenue |
|---|---|
| 2025 | $495.3M |
| 2024 | $569.8M |
| 2023 | $445.8M |
| 2022 | $378.9M |
Global Net Lease, Inc. Quarterly Revenue & Net Profit History
Global Net Lease, 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 |
|---|---|---|---|---|
| Q4 FY2025 | $117.0M | -15.1% | $48.2M | 41.2% |
| Q3 FY2025 | $121.0M | -12.7% | $-60.1M | -49.7% |
| Q2 FY2025 | $124.9M | -14.1% | $-24.1M | -19.3% |
| Q1 FY2025 | $132.4M | -10.5% | $-189.4M | -143.0% |
| Q4 FY2024 | $137.8M | +0.3% | $-6.5M | -4.7% |
| Q3 FY2024 | $138.7M | +17.3% | $-65.6M | -47.3% |
| Q2 FY2024 | $145.5M | +51.8% | $-35.7M | -24.5% |
| Q1 FY2024 | $147.9M | +56.8% | $-23.8M | -16.1% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $147.9M | $145.5M | $138.7M | $137.8M | $132.4M | $124.9M | $121.0M | $117.0M |
| YoY Growth | 56.8% | 51.8% | 17.3% | 0.3% | -10.5% | -14.1% | -12.7% | -15.1% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $7.97B | $7.61B | $7.34B | $6.96B | $5.79B | $4.98B | $4.77B | $4.35B |
| Liabilities | $5.44B | $5.19B | $5.06B | $4.77B | $3.87B | $3.15B | $3.06B | $2.68B |
| Equity | $2.52B | $2.42B | $2.27B | $2.19B | $1.92B | $1.83B | $1.70B | $1.66B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $92.2M | $70.4M | $62.1M | $299.5M | $59.2M | $52.0M | $56.0M | $222.8M |