Global Net Lease financials
$8.35−1.65%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $495.3M | $569.8M | $445.8M | $378.9M | $391.2M | $330.1M | $306.2M | $282.2M | $259.3M | $214.2M |
| Gross profit | $444.1M | $505.5M | $401.3M | $346.0M | $358.5M | $297.7M | $277.9M | $253.5M | $206.0M | $175.4M |
| Gross margin | 89.7% | 88.7% | 90.0% | 91.3% | 91.6% | 90.2% | 90.8% | 89.8% | 79.4% | 81.9% |
| Operating income | $173.8M | $221.3M | $55.1M | $100.5M | $110.4M | $100.1M | $92.6M | $87.6M | $86.0M | $70.1M |
| Net income | -$271.1M | -$176.0M | -$243.2M | -$8.4M | -$20.1M | -$8.2M | $33.9M | $1.1M | $20.7M | $47.1M |
| Net margin | −54.7% | −30.9% | −54.6% | −2.2% | −5.1% | −2.5% | 11.1% | 0.4% | 8.0% | 22.0% |
| Diluted EPS | $-1.21 | $-0.76 | $-1.71 | $-0.09 | $-0.20 | $-0.09 | $0.39 | $0.01 | $0.30 | $0.82 |
| EBITDA | $408.6M | $577.3M | $361.5M | $276.0M | $291.2M | $239.7M | $226.6M | $214.3M | $203.1M | $164.5M |
| Operating cash flow | $222.8M | $299.5M | $143.7M | $181.8M | $192.5M | $176.9M | $146.0M | $144.6M | $131.0M | $114.4M |
| Free cash flow | $189.4M | $253.8M | -$37.7M | $118.0M | -$292.8M | -$293.7M | -$434.1M | -$336.5M | $127.8M | $114.2M |
| Diluted shares | 223.3M | 230.4M | 142.6M | 103.7M | 98.3M | 89.5M | 86.3M | 69.7M | 66.9M | 56.7M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $180.1M | $159.7M | $121.6M | $103.3M | $89.7M | $124.2M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $2.52B | $4.07B | $5.15B | $2.40B | $2.43B | $2.27B |
| Total assets | $4.35B | $6.96B | $8.10B | $3.96B | $4.18B | $3.97B |
| Total liabilities | $2.68B | $4.77B | $5.46B | $2.51B | $2.56B | $2.41B |
| Shareholders' equity | $1.66B | $2.19B | $2.64B | $1.45B | $1.63B | $1.55B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology