NNN REIT (NNN) Financials: History & Chart

NNN REIT, Inc. (NNN)NNNNNN REIT, Inc.

Financials

Quarterly Income Statement (USD)

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Quarterly Report	TTM	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024	Quarter ended Jun 2024
Revenue	935.78M	240.42M	238.40M	230.16M	226.80M	230.85M	218.48M	218.56M	216.81M
Cost of Goods Sold	174.25M	9.80M	146.48M	9.13M	8.84M	9.38M	11.14M	7.26M	6.76M
Gross Profit	761.54M	230.63M	91.92M	221.03M	217.96M	221.48M	207.34M	211.30M	210.06M
Gross Profit Margin	81.4%	95.9%	38.6%	96.0%	96.1%	95.9%	94.9%	96.7%	96.9%
Total Operating Expenses	171.04M	85.48M	-56.37M	73.75M	68.17M	77.63M	63.61M	67.75M	57.79M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	48.09M	14.11M	11.64M	11.06M	11.29M	15.31M	8.77M	11.39M	11.81M
Operating Income (EBIT)	590.78M	145.14M	148.56M	147.28M	149.80M	143.85M	143.73M	143.55M	152.27M
Operating Margin	63.1%	60.4%	62.3%	64.0%	66.0%	62.3%	65.8%	65.7%	70.2%
Income Before Tax (EBT)	387.27M	93.95M	95.95M	96.84M	100.53M	96.46M	97.89M	97.90M	106.67M
Interest Income	241K	28K	87K	111K	15K	329K	1.04M	845K	976K
Interest Expense	208.20M	52.73M	53.29M	52.90M	49.28M	47.72M	46.88M	46.49M	46.58M
Other Income/Expense	-203.51M	-51.19M	-52.61M	-50.44M	-49.27M	-47.39M	-45.84M	-45.65M	-45.60M
Net Income	387.27M	93.95M	95.95M	96.84M	100.53M	96.46M	97.89M	97.90M	106.67M
Income Tax Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Profit Margin	41.4%	39.1%	40.2%	42.1%	44.3%	41.8%	44.8%	44.8%	49.2%
EBITDA	865.40M	215.94M	216.78M	214.53M	218.15M	208.47M	206.93M	206.92M	214.77M
EBITDA Margin	92.5%	89.8%	90.9%	93.2%	96.2%	90.3%	94.7%	94.7%	99.1%
Depreciation & Amortization	274.62M	70.80M	68.22M	67.25M	68.35M	64.62M	63.19M	63.37M	62.50M
EPS Basic	2.06	0.50	0.51	0.51	0.54	0.52	0.52	0.53	0.58
EPS Diluted	2.06	0.50	0.51	0.51	0.54	0.51	0.52	0.53	0.58
Shares Outstanding	189.03M	189.03M	188.83M	189.88M	186.88M	186.85M	186.45M	184.01M	182.44M
Diluted Shares Outstanding	189.46M	189.46M	189.24M	188.33M	187.07M	187.08M	186.83M	184.56M	182.81M

Annual Income Statement (USD)

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Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	926.21M	869.27M	828.11M	773.05M	726.41M	660.68M	670.49M	622.66M
Cost of Goods Sold	574.26M	32.32M	28.38M	26.28M	28.39M	28.36M	27.66M	25.10M
Gross Profit	351.95M	836.95M	799.73M	746.77M	698.02M	632.32M	642.83M	597.56M
Gross Profit Margin	38.0%	96.3%	96.6%	96.6%	96.1%	95.7%	95.9%	96.0%
Total Operating Expenses	-217.91M	259.08M	244.63M	264.24M	248.93M	257.83M	226.31M	172.80M
Research & Development	N/A	N/A	N/A	0.43	0.40	0.35	0.45	0.47
Selling, General & Administrative	46.92M	45.05M	47.50M	49.53M	44.84M	38.24M	37.91M	34.25M
Operating Income (EBIT)	569.87M	577.87M	555.10M	482.54M	449.10M	374.49M	416.78M	424.76M
Operating Margin	61.5%	66.5%	67.0%	62.4%	61.8%	56.7%	62.2%	68.2%
Income Before Tax (EBT)	389.78M	396.83M	392.34M	334.62M	290.11M	228.80M	299.61M	292.49M
Interest Income	424K	2.98M	1.13M	149K	216K	417K	3.11M	1.81M
Interest Expense	202.26M	184.02M	163.90M	148.06M	137.87M	129.43M	120.02M	115.85M
Other Income/Expense	-180.09M	-181.04M	-162.76M	-147.92M	-158.99M	-145.69M	-116.91M	-132.28M
Net Income	389.78M	396.83M	392.34M	334.63M	290.11M	228.80M	299.18M	292.45M
Income Tax Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Profit Margin	42.1%	45.7%	47.4%	43.3%	39.9%	34.6%	44.6%	47.0%
EBITDA	838.31M	827.55M	793.73M	706.37M	654.32M	571.11M	605.65M	599.16M
EBITDA Margin	90.5%	95.2%	95.8%	91.4%	90.1%	86.4%	90.3%	96.2%
Depreciation & Amortization	268.44M	249.68M	238.63M	223.83M	205.22M	196.62M	188.87M	174.40M
EPS Basic	2.07	2.16	2.16	1.89	1.51	1.22	1.56	1.65
EPS Diluted	2.07	2.15	2.16	1.89	1.51	1.22	1.56	1.65
Shares Outstanding	187.61M	183.69M	181.20M	174.74M	174.71M	172.11M	164.69M	155.74M
Diluted Shares Outstanding	187.99M	184.04M	181.69M	174.74M	174.82M	172.22M	165.08M	156.30M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.