Realty Income financials
$55.35−0.34%
Close Sep 28, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.43B | $1.47B | $1.18B | $1.47B | $1.34B | $1.35B | $1.11B | $1.33B | $1.34B | $1.26B | $955.4M | $1.04B |
| Gross profit | $1.31B | $1.36B | $1.07B | $1.36B | $1.23B | $1.24B | $1.02B | $1.24B | $1.24B | $1.17B | $873.6M | $968.1M |
| Gross margin | 92.1% | 92.1% | 90.8% | 92.7% | 92.0% | 92.1% | 91.3% | 93.1% | 92.5% | 92.9% | 91.4% | 93.2% |
| Operating income | $548.2M | $526.9M | $267.8M | $576.6M | $389.9M | $469.2M | $323.3M | $489.0M | $489.7M | $365.6M | $332.4M | $420.2M |
| Net income | $344.0M | $311.8M | $296.1M | $315.8M | $196.9M | $249.8M | $199.6M | $261.8M | $256.8M | $129.7M | $218.4M | $233.5M |
| Net margin | 24.1% | 21.2% | 25.2% | 21.5% | 14.7% | 18.6% | 17.9% | 19.7% | 19.2% | 10.3% | 22.9% | 22.5% |
| Diluted EPS | $0.37 | $0.33 | $0.32 | $0.35 | $0.22 | $0.28 | $0.23 | $0.30 | $0.29 | $0.16 | $0.30 | $0.33 |
| EBITDA | $1.25B | $1.30B | $1.01B | $1.31B | $1.18B | $1.19B | $967.5M | $1.20B | $1.19B | $1.13B | $359.7M | $932.6M |
| Operating cash flow | $1.15B | $874.5M | $1.20B | $943.1M | $1.06B | $787.5M | $972.0M | $841.5M | $981.2M | $778.7M | $760.7M | $732.0M |
| Free cash flow | -$812.8M | -$800.9M | -$407.3M | $37.9M | $4.0M | -$419.5M | -$714.9M | $89.1M | $582.1M | $233.1M | -$612.4M | -$1.30B |
| Diluted shares | 934.7M | 934.4M | 922.1M | 915.2M | 903.7M | 892.4M | 877.1M | 872.1M | 870.7M | 835.2M | 726.7M | 709.5M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $552.6M | $373.5M | $434.8M | $417.2M | $800.4M | $319.0M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $27.89B | $29.63B | $26.77B | $28.37B | $26.88B | $27.02B |
| Total assets | $76.44B | $74.55B | $72.80B | $71.28B | $71.42B | $69.76B |
| Total liabilities | $34.51B | $33.32B | $32.67B | $32.02B | $32.06B | $30.52B |
| Shareholders' equity | $41.93B | $41.24B | $40.12B | $39.26B | $39.36B | $39.24B |
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