Broadstone Net Lease, Inc. income statement
In fiscal 2025, Broadstone Net Lease, Inc. reported revenue of $454m, up 5.2% on the year before and net income of $96.5m, or $0.50 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 98 | 143 | 182 | 237 | 299 | 322 | 383 | 408 | 443 | 432 | 454 | 484 |
| General and administrative | 3 | 3 | 5 | 6 | 5 | 28 | 36 | 37 | 39 | 38 | 39 | 43 |
| Operating income | 42 | 64 | 85 | — | — | — | — | — | — | — | — | — |
| Interest expense | 23 | 30 | 35 | 53 | 73 | 76 | 64 | 79 | 80 | 74 | 94 | 103 |
| Income tax | — | — | — | — | — | — | — | — | 1 | 1 | 1 | 1 |
| Net income | 19 | 36 | 55 | 69 | 79 | 51 | 102 | 122 | 155 | 162 | 96 | 146 |
| Diluted EPS | $0.43 | $0.55 | $0.64 | $0.86 | $0.83 | $0.44 | $0.67 | $0.72 | $0.83 | $0.86 | $0.50 | $0.73 |
| Diluted shares (average) | 49m | 73m | 93m | 88m | 103m | 129m | 164m | 180m | 196m | 197m | 198m | 200m |
| EBITDA | 71 | 109 | 148 | — | — | — | — | — | — | — | — | — |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 112 | 109 | 113 | 114 | 118 | 121 | 122 | 122 |
| General and administrative | 10 | 10 | 10 | 10 | 10 | 10 | 12 | 11 |
| Interest expense | 20 | 20 | 21 | 28 | 25 | 25 | 26 | 27 |
| Income tax | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | 26 | 17 | 20 | 26 | 33 | 46 | 40 | 27 |
| Diluted EPS | $0.14 | $0.09 | $0.10 | $0.14 | $0.17 | $0.24 | $0.21 | $0.14 |
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