BNL
Broadstone Net Lease, Inc.
NYSE · Real Estate · REIT - Diversified · US
$18.03
+0.28%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 485.0M | 459.1M | 438.8M | 448.1M | 408.9M |
| Cost of Revenue | 192.2M | 351.1M | 337.1M | 339.8M | 331.4M |
| Gross Profit | 292.8M | 108.0M | 101.7M | 108.3M | 77.6M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 22.7M | — | — | — | — |
| General & Admin Expense | 22.7M | — | — | — | — |
| Selling & Marketing Expense | — | — | — | — | — |
| Other Expenses | 42.7M | (120.2M) | (111.2M) | (114.0M) | (116.0M) |
| Total Operating Expenses | 65.4M | (120.2M) | (111.2M) | (114.0M) | (116.0M) |
| Cost and Expenses | 257.6M | 230.9M | 225.9M | 225.8M | 215.4M |
| Operating Income (EBIT) | 227.4M | 228.2M | 212.9M | 222.3M | 193.6M |
| Non-Operating | |||||
| Interest Income | 316.0K | 389.0K | 994.0K | 512.0K | 44.0K |
| Interest Expense | 102.8M | 94.5M | 74.1M | 80.1M | 78.7M |
| Net Interest Income | (102.5M) | (94.1M) | (73.1M) | (79.5M) | (78.6M) |
| Other Non-Op Income/Expense | (76.2M) | (121.2M) | (48.9M) | (56.5M) | (68.5M) |
| Non-Operating Income (excl Interest) | (30.2M) | 15.1M | (53.9M) | (49.2M) | (5.7M) |
| EBT (Pre-Tax Income) | 151.1M | 107.0M | 164.0M | 165.8M | 125.1M |
| Income Tax Expense | 1.3M | 1.2M | 1.2M | 763.0K | 1.3M |
| Bottom Line | |||||
| Net Income | 146.4M | 102.9M | 156.2M | 157.2M | 116.4M |
| Earnings from Cont. Ops | 149.8M | 105.8M | 162.8M | 165.0M | 123.8M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 142.3M | 96.5M | 162.4M | 155.5M | 122.1M |
| Per Share | |||||
| Basic EPS | $0.76 | $0.51 | $0.86 | $0.87 | $0.72 |
| Diluted EPS | $0.74 | $0.50 | $0.86 | $0.83 | $0.72 |
| Revenue Per Share | $2.54 | $2.44 | $2.34 | $2.40 | $2.41 |
| Shares | |||||
| Basic Shares Outstanding | 190.8M | 188.1M | 187.5M | 186.6M | 169.8M |
| Diluted Shares Outstanding | 201.1M | 197.6M | 196.6M | 196.3M | 180.2M |
| Profitability Metrics | |||||
| EBITDA | 437.7M | 372.7M | 418.6M | 430.1M | 349.3M |
| D&A | 180.1M | 159.6M | 151.8M | 158.6M | 150.0M |
| EBIT | 257.6M | 213.1M | 266.8M | 271.5M | 199.3M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026