NETSTREIT Corp. (NTST) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Revenue | 53.87M | 49.12M | 44.78M | 44.9M | 42.57M | 40.7M | 37.82M | 36.58M | 34.9M | 34.33M | 34.16M | 29.33M | 28.06M | 26.89M | 23.89M | 22.34M | 20.64M | 17.61M | 15.42M | 13.56M |
| Revenue Growth % | 26.53% | 20.68% | 18.41% | 22.76% | 21.98% | 18.58% | 10.71% | 24.71% | 24.37% | 27.66% | 42.95% | 31.29% | 35.97% | 52.71% | 54.95% | 64.74% | 75.76% | 56.02% | 63.48% | 94.09% |
| Property Operating Expenses | 5.24M | 5.38M | 4.05M | 4.23M | 4.54M | 4.55M | 4.14M | 3.69M | 3.81M | 4.77M | 35.89M | 3.15M | 3.52M | 3.13M | 2.1M | 2.39M | 2.65M | 1.6M | 1.55M | 1.08M |
| Net Operating Income (NOI) | 48.62M | 43.74M | 40.72M | 40.67M | 38.03M | 36.15M | 33.68M | 32.88M | 31.09M | 29.56M | -1.73M | 26.18M | 24.54M | 23.76M | 21.8M | 19.95M | 17.99M | 16.01M | 13.87M | 12.48M |
| NOI Margin % | 90.26% | 89.04% | 90.94% | 90.59% | 89.33% | 88.82% | 89.05% | 89.9% | 89.07% | 86.1% | -5.06% | 89.25% | 87.44% | 88.36% | 91.23% | 89.3% | 87.16% | 90.9% | 89.92% | 92.05% |
| Operating Expenses | 30.22M | 28.51M | 26.52M | 26.98M | 26.09M | 24.8M | 24.73M | 23.81M | 23.25M | 21.95M | -10.73M | 26.18M | 24.54M | 23.76M | 21.8M | 19.95M | 17.99M | 16.01M | 13.87M | 12.48M |
| G&A Expenses | 5.75M | 5.95M | 5.13M | 5.47M | 5.17M | 4.46M | 4.29M | 5.27M | 5.71M | 4.88M | 0 | 5.26M | 4.91M | 5.45M | 4.55M | 4.87M | 4.19M | 3.91M | 3.78M | 3.99M |
| EBITDA | 42.87M | 37.79M | 35.6M | 35.2M | 32.86M | 31.7M | 29.39M | 27.61M | 25.38M | 24.68M | 25M | 20.92M | 19.63M | 18.32M | 17.25M | 15.08M | 13.8M | 12.1M | 10.09M | 8.49M |
| EBITDA Margin % | 79.58% | 76.93% | 79.49% | 78.39% | 77.19% | 77.87% | 77.72% | 75.5% | 72.72% | 71.89% | 73.19% | 71.31% | 69.95% | 68.11% | 72.18% | 67.52% | 66.86% | 68.72% | 65.43% | 62.62% |
| Depreciation & Amortization | 24.46M | 22.56M | 21.39M | 21.51M | 20.92M | 20.35M | 20.44M | 18.54M | 17.54M | 17.08M | 16M | 15.85M | 14.95M | 13.94M | 13.41M | 11.75M | 10.98M | 9.73M | 8.07M | 7.08M |
| D&A / Revenue % | 45.41% | 45.92% | 47.77% | 47.9% | 49.15% | 49.99% | 54.04% | 50.7% | 50.26% | 49.75% | 46.85% | 54.03% | 53.27% | 51.83% | 56.11% | 52.6% | 53.2% | 55.25% | 52.36% | 52.17% |
| Operating Income | 18.41M | 15.23M | 14.21M | 13.69M | 11.94M | 11.35M | 8.95M | 9.07M | 7.84M | 7.6M | 9M | 5.07M | 4.68M | 4.38M | 3.84M | 3.33M | 2.82M | 2.37M | 2.02M | 1.42M |
| Operating Margin % | 34.17% | 31.01% | 31.73% | 30.5% | 28.05% | 27.88% | 23.67% | 24.8% | 22.46% | 22.15% | 26.34% | 17.29% | 16.68% | 16.28% | 16.07% | 14.92% | 13.66% | 13.47% | 13.07% | 10.45% |
| Interest Expense | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 794K | 894K |
| Interest Coverage | 1.43x | 1.10x | 1.05x | 1.28x | 1.16x | 0.41x | 0.39x | 0.73x | 1.15x | 1.31x | 2.79x | 0.85x | 1.38x | 1.87x | 1.56x | 2.48x | 2.93x | 3.09x | 4.71x | -1.94x |
| Non-Operating Income | -531K | 418K | 1.96M | -1.23M | -280K | 7.52M | 5.5M | 2.97M | -151K | -744K | -4.42M | 559K | -517K | -1.76M | -613K | -191K | -306K | -740K | -1.72M | 3.15M |
| Pretax Income | 5.72M | 1.34M | 633K | 3.3M | 1.72M | -5.41M | -5.32M | -2.29M | 1.07M | 1.97M | 4.25M | -824K | 1.44M | 2.85M | 1.59M | 2.1M | 2.06M | 2.1M | 2.94M | -2.63M |
| Pretax Margin % | 10.63% | 2.73% | 1.41% | 7.35% | 4.03% | -13.28% | -14.07% | -6.27% | 3.06% | 5.75% | 12.45% | -2.81% | 5.12% | 10.6% | 6.65% | 9.41% | 9.97% | 11.95% | 19.09% | -19.39% |
| Income Tax | 14K | 13K | 12K | 13K | 16K | 18K | 2K | 12K | 17K | 11K | 15K | -32K | -43K | 40K | 171K | 93K | 91K | 9K | 0 | 0 |
| Effective Tax Rate % | 0.24% | 0.97% | 1.9% | 0.39% | 0.93% | -0.33% | -0.04% | -0.52% | 1.59% | 0.56% | 0.35% | 3.88% | -2.99% | 1.4% | 10.75% | 4.42% | 4.42% | 0.43% | 0% | 0% |
| Net Income | 5.69M | 1.32M | 618K | 3.27M | 1.69M | -5.4M | -5.29M | -2.29M | 1.04M | 1.94M | 4.21M | -791K | 1.47M | 2.79M | 1.4M | 1.99M | 1.94M | 2.03M | 2.85M | -2.54M |
| Net Margin % | 10.56% | 2.69% | 1.38% | 7.29% | 3.97% | -13.26% | -14% | -6.26% | 2.99% | 5.65% | 12.34% | -2.7% | 5.25% | 10.36% | 5.87% | 8.89% | 9.41% | 11.55% | 18.47% | -18.7% |
| Net Income Growth % | 236.31% | 124.46% | 111.67% | 242.82% | 61.82% | -378% | -225.62% | -189.63% | -29.01% | -30.31% | 200.43% | -139.81% | -24.2% | 36.99% | -50.74% | 178.35% | 177.03% | -51.93% | 237.05% | -762.59% |
| Funds From Operations (FFO) | 30.15M | 23.88M | 22.01M | 24.78M | 22.61M | 14.95M | 15.14M | 16.25M | 18.59M | 19.02M | 20.22M | 15.05M | 16.42M | 16.72M | 14.81M | 13.74M | 12.92M | 11.76M | 10.92M | 4.54M |
| FFO Margin % | 55.97% | 48.61% | 49.15% | 55.18% | 53.12% | 36.73% | 40.04% | 44.44% | 53.25% | 55.4% | 59.19% | 51.33% | 58.52% | 62.19% | 61.98% | 61.49% | 62.61% | 66.8% | 70.83% | 33.47% |
| FFO Growth % | 33.32% | 59.69% | 45.33% | 52.45% | 21.67% | -21.38% | -25.1% | 7.96% | 13.18% | 13.73% | 36.51% | 9.59% | 27.08% | 42.18% | 35.6% | 202.64% | 94.9% | 23.36% | 317.99% | 60.84% |
| FFO per Share | 0.30 | 0.28 | 0.26 | 0.30 | 0.28 | 0.20 | 0.20 | 0.22 | 0.25 | 0.27 | 0.30 | 0.25 | 0.28 | 0.30 | 0.29 | 0.28 | 0.28 | 0.27 | 0.26 | 0.12 |
| FFO Payout Ratio % | 70.97% | 75.62% | 81.96% | 69.61% | 75.87% | 115.17% | 107.92% | 92.9% | 82.94% | 74.05% | 68.37% | 80.86% | 71.56% | 66.3% | 68.34% | 70.55% | 69.63% | 76.11% | 74.9% | 180.15% |
| EPS (Diluted) | 0.06 | 0.02 | 0.01 | 0.04 | 0.02 | -0.07 | -0.07 | -0.03 | 0.01 | 0.03 | 0.06 | -0.01 | 0.03 | 0.05 | 0.03 | 0.04 | 0.04 | 0.05 | 0.07 | -0.07 |
| EPS Growth % | 189.86% | 121.58% | 110.56% | 228.62% | 46.81% | -355.04% | -209.47% | -139.23% | -43.6% | -44.4% | 107.67% | -132.5% | -37.5% | 0% | -57.14% | 159.97% | 100% | -61.54% | 163.64% | -258.6% |
| EPS (Basic) | 0.06 | 0.02 | 0.01 | 0.04 | 0.02 | -0.07 | -0.07 | -0.03 | 0.01 | 0.03 | 0.06 | -0.01 | 0.03 | 0.05 | 0.03 | 0.04 | 0.04 | 0.05 | 0.07 | -0.07 |
| Diluted Shares Outstanding | 99.11M | 86.52M | 85.64M | 82.49M | 82.13M | 76.52M | 77.61M | 73.59M | 74.57M | 69.92M | 68.05M | 61.04M | 58.88M | 55.76M | 51.38M | 48.95M | 45.6M | 43.36M | 41.33M | 38.02M |