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Net Lease Office Properties revenue

Net Lease Office Properties's revenue was $119m in fiscal 2025, down 16.4% on the year before. Since fiscal 2021 ($148m) it has grown at a compound -5.3% a year. Over the last twelve months it was $75.9m.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue14815617514211976
Growth on the year before—+5.6%+12.0%−18.7%−16.4%—

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Geography
Region Revenue Share YoY
United States $116M 97.4% ▼ 13.4%
Outside the US $3.1M 2.6% ▼ 63.8%

From Net Lease Office Properties's 10-K filed February 25, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Office REITs: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Net Lease Office Properties $75.9m -35.4% —
Franklin Street Properties Corp $104m -5.4% -12.0%
Postal Realty Trust, Inc. $106m 22.0% 21.2%
Orion Properties Inc. $143m -6.5% -11.2%
Mays J W Inc $21.4m -3.9% -1.9%
Brandywine Realty Trust $503m 3.5% -0.7%

Compare with peers

Head to head: FSP vs NLOPNLOP vs PSTLNLOP vs ONLMAYS vs NLOP

More: Office REITs stocks compared, Real Estate sector, rankings of US companies

Figures from Net Lease Office Properties's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Net Lease Office Properties.