Global Net Lease (GNL)
Owner of net-leased industrial, retail, and office properties across North America and Europe.
$8.69
vs last close−0.03 (−0.29%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 118 | 207 | 148 | 145 | 197 | 199 | 132 | 125 | 121 | 117 | 109 | 112 |
| Cost of revenue | 14 | 37 | 18 | 16 | 34 | 36 | 14 | 12 | 13 | 101 | 13 | 13 |
| Gross profit | 105 | 170 | 130 | 130 | 163 | 163 | 118 | 113 | 108 | 16 | 96 | 99 |
| 200 | 124 | 73 | 68 | 145 | 100 | 146 | 71 | 123 | −27 | 65 | 44 | |
| 26 | 17 | 17 | 16 | 15 | 16 | 19 | 15 | 15 | 13 | 12 | 12 | |
| Selling & marketing | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 0 | 0 | 0 | 0 | 0 |
| General & administrative | 26 | 17 | 17 | 16 | 15 | 16 | 16 | 15 | 15 | 13 | 12 | 12 |
| Other expenses | 174 | 107 | 56 | 52 | 130 | 84 | 127 | 56 | 108 | −40 | 53 | 32 |
| Operating income | −96 | 45 | 57 | 62 | 18 | 64 | −28 | 42 | −14 | 42 | 31 | 55 |
| −38 | −88 | −62 | −84 | −82 | −69 | −64 | −71 | −45 | 24 | −38 | −49 | |
| Interest expense | 41 | 84 | 83 | 90 | 77 | 77 | 53 | 53 | 0 | 42 | 39 | 39 |
| Other non-operating income | −3 | 5 | −3 | 12 | 5 | −8 | −69 | 18 | 0 | −67 | −2 | 10 |
| Income before tax | −133 | −43 | −5 | −22 | −64 | −6 | −92 | −29 | −59 | 66 | −7 | 6 |
| Income tax expense | 3 | 5 | 2 | 0 | 1 | 1 | 3 | 3 | 3 | 12 | 2 | 5 |
| Net income from continuing operations | −136 | −49 | −7 | −22 | −66 | −7 | −95 | −32 | −63 | 54 | −8 | 1 |
| Discontinued operations | 0 | 0 | −16 | −14 | 0 | 0 | −94 | 8 | 2 | 0 | 3 | 2 |
| Other adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −6 | 0 | 0 |
| Net income | −136 | −49 | −24 | −36 | −66 | −7 | −189 | −24 | −60 | 48 | −5 | 3 |
| EPS, basic | −$1.09 | −$0.21 | −$0.10 | −$0.16 | −$0.33 | −$0.08 | −$0.87 | −$0.16 | −$0.32 | $0.17 | −$0.08 | −$0.04 |
| EPS, diluted | −$1.09 | −$0.21 | −$0.10 | −$0.16 | −$0.33 | −$0.08 | −$0.87 | −$0.16 | −$0.32 | $0.17 | −$0.08 | −$0.04 |
| Weighted average shares, basic | 131 | 230 | 230 | 230 | 230 | 230 | 230 | 223 | 221 | 219 | 214 | 211 |
| Weighted average shares, diluted | 131 | 230 | 230 | 230 | 230 | 230 | 230 | 223 | 221 | 219 | 214 | 211 |
| EBITDA | −40 | 144 | 157 | 144 | 103 | 159 | 97 | 72 | 32 | 153 | 74 | 86 |
| Depreciation & amortization | 52 | 104 | 97 | 94 | 90 | 87 | 56 | 48 | 47 | 44 | 42 | 42 |
| EBIT | −92 | 40 | 60 | 50 | 13 | 72 | 41 | 24 | −14 | 109 | 32 | 45 |
