Realty IncomeOEarnings & Financial Report
Realty Income Corporation is a real estate investment trust that invests in free-standing, single-tenant commercial properties in the United States, the United Kingdom, and six other countries in Europe. These properties are subject to NNN Leases. The company is organized in Maryland with its headquarters in San Diego, California.
Revenue
$1.3B
Gross Profit
N/A
Operating Profit
$286.5M
Net Profit
$269.5M
Gross Margin
N/A
Operating Margin
21.5%
Net Margin
20.2%
YoY Growth
28.1%
EPS
$0.30
Realty Income Q3 FY2024 Financial Summary
Realty Income reported revenue of $1.3B (up 28.1% YoY) for Q3 FY2024, with a net profit of $269.5M (up 15.4% YoY) (20.2% margin).
Key Financial Metrics
| Total Revenue | $1.3B |
|---|---|
| Net Profit | $269.5M |
| Gross Margin | N/A |
| Operating Margin | 21.5% |
| Report Period | Q3 FY2024 |
Realty Income Annual Revenue by Year
Realty Income annual revenue history includes year-by-year totals (for example, 2025 revenue was $5.7B).
| Year | Annual Revenue |
|---|---|
| 2025 | $5.7B |
| 2024 | $5.3B |
| 2023 | $4.1B |
| 2022 | $3.3B |
Realty Income Quarterly Revenue & Net Profit History
Realty Income 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 | $1.5B | +12.2% | $320.9M | 20.7% |
| Q4 FY2025 | $1.5B | +11.0% | $296.1M | 19.9% |
| Q3 FY2025 | $1.5B | +10.5% | $315.8M | 21.5% |
| Q2 FY2025 | $1.4B | +5.3% | $196.9M | 14.0% |
| Q1 FY2025 | $1.4B | +9.5% | $249.8M | 18.1% |
| Q4 FY2024 | $1.3B | +24.5% | $199.6M | 14.9% |
| Q3 FY2024 | $1.3B | +28.1% | $269.5M | 20.2% |
| Q2 FY2024 | $1.3B | +31.4% | $259.4M | 19.4% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.34B | $1.33B | $1.34B | $1.38B | $1.41B | $1.47B | $1.49B | $1.55B |
| YoY Growth | 31.4% | 28.1% | 24.5% | 9.5% | 5.3% | 10.5% | 11.0% | 12.2% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $68.06B | $68.47B | $68.84B | $69.76B | $71.42B | $71.28B | $72.80B | $74.55B |
| Liabilities | $29.15B | $29.80B | $29.78B | $30.52B | $32.06B | $32.02B | $32.67B | $33.32B |
| Equity | $38.58B | $38.46B | $38.84B | $39.03B | $39.15B | $39.05B | $39.44B | $39.15B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $981.2M | $841.5M | $972.0M | $787.5M | $1.06B | $943.1M | $1.20B | $874.5M |