Net Lease Office PropertiesNLOPEarnings & Financial Report
Net Lease Office Properties is a real estate investment entity focused on acquiring, owning, and operating high-quality single-tenant net lease office assets, primarily located across the United States. It delivers stable, long-term income streams to investors through its curated portfolio of commercial real estate holdings.
NLOP Q4 FY2025 Key Financial Metrics
Revenue
$30.7M
Gross Profit
N/A
Operating Profit
$-71.0K
Net Profit
$-53.0K
Gross Margin
N/A
Operating Margin
-0.2%
Net Margin
-0.2%
YoY Growth
10.9%
EPS
$-0.01
Net Lease Office Properties Q4 FY2025 Financial Summary
Net Lease Office Properties reported revenue of $30.7M (up 10.9% YoY) for Q4 FY2025, with a net profit of $-53.0K (up 99.9% YoY) (-0.2% margin).
Key Financial Metrics
| Total Revenue | $30.7M |
|---|---|
| Net Profit | $-53.0K |
| Gross Margin | N/A |
| Operating Margin | -0.2% |
| Report Period | Q4 FY2025 |
Net Lease Office Properties Annual Revenue by Year
Net Lease Office Properties annual revenue history includes year-by-year totals (for example, 2025 revenue was $118.9M).
Net Lease Office Properties Quarterly Revenue & Net Profit History
Net Lease Office Properties 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 | $30.7M | +10.9% | $-53.0K | -0.2% |
| Q3 FY2025 | $29.8M | -5.4% | $-64.2M | -215.4% |
| Q2 FY2025 | $29.2M | -25.3% | $-81.5M | -279.5% |
| Q1 FY2025 | $29.2M | -33.6% | $492.0K | 1.7% |
| Q4 FY2024 | $27.7M | — | $-35.8M | -129.0% |
| Q3 FY2024 | $31.5M | -27.0% | $-40.3M | -128.0% |
| Q2 FY2024 | $39.0M | — | $12.5M | 31.9% |
| Q1 FY2024 | $44.0M | — | $-27.8M | -63.3% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $44.0M | $39.0M | $31.5M | $27.7M | $29.2M | $29.2M | $29.8M | $30.7M |
| YoY Growth | N/A | N/A | -27.0% | N/A | -33.6% | -25.3% | -5.4% | 10.9% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.23B | $1.04B | $919.9M | $805.1M | $784.1M | $668.7M | $522.6M | $453.4M |
| Liabilities | $580.2M | $380.0M | $293.8M | $219.7M | $197.9M | $164.6M | $88.3M | $155.5M |
| Equity | $647.2M | $660.3M | $621.9M | $581.2M | $582.1M | $500.0M | $430.3M | $293.9M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $26.4M | $14.7M | $20.3M | $71.9M | $14.1M | $11.7M | $16.3M | $64.1M |