NNN REIT, INC.NNNEarnings & Financial Report
NNN Reit, Inc. is a real estate investment trust that invests primarily in restaurant properties that are subject to long-term triple net leases, usually under leaseback arrangements. It is organized in Maryland with its principal office in Orlando, Florida.
NNN Q1 FY2026 Key Financial Metrics
Revenue
$240.4M
Gross Profit
N/A
Operating Profit
$146.6M
Net Profit
$94.0M
Gross Margin
N/A
Operating Margin
61.0%
Net Margin
39.1%
YoY Growth
4.1%
EPS
$0.50
NNN REIT, INC. Q1 FY2026 Financial Summary
NNN REIT, INC. reported revenue of $240.4M (up 4.1% YoY) for Q1 FY2026, with a net profit of $94.0M (down 2.6% YoY) (39.1% margin).
Key Financial Metrics
| Total Revenue | $240.4M |
|---|---|
| Net Profit | $94.0M |
| Gross Margin | N/A |
| Operating Margin | 61.0% |
| Report Period | Q1 FY2026 |
NNN REIT, INC. Annual Revenue by Year
NNN REIT, INC. annual revenue history includes year-by-year totals (for example, 2025 revenue was $926.2M).
NNN REIT, INC. Quarterly Revenue & Net Profit History
NNN REIT, 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 | $240.4M | +4.1% | $94.0M | 39.1% |
| Q4 FY2025 | $238.4M | +9.1% | $96.0M | 40.2% |
| Q3 FY2025 | $230.2M | +5.3% | $96.8M | 42.1% |
| Q2 FY2025 | $226.8M | +4.6% | $100.5M | 44.3% |
| Q1 FY2025 | $230.9M | +7.2% | $96.5M | 41.8% |
| Q4 FY2024 | $218.5M | +1.0% | $97.9M | 44.8% |
| Q3 FY2024 | $218.6M | +6.5% | $97.9M | 44.8% |
| Q2 FY2024 | $216.8M | +7.0% | $106.7M | 49.2% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $216.8M | $218.6M | $218.5M | $230.9M | $226.8M | $230.2M | $238.4M | $240.4M |
| YoY Growth | 7.0% | 6.5% | 1.0% | 7.2% | 4.6% | 5.3% | 9.1% | 4.1% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $8.73B | $8.92B | $8.87B | $9.02B | $9.15B | $9.48B | $9.38B | $9.42B |
| Liabilities | $4.53B | $4.55B | $4.51B | $4.67B | $4.79B | $5.06B | $4.97B | $5.03B |
| Equity | $4.19B | $4.37B | $4.36B | $4.36B | $4.36B | $4.42B | $4.41B | $4.40B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $120.5M | $206.6M | $635.5M | $203.3M | $119.4M | $218.3M | $667.1M |