Broadstone Net Lease, Inc.
For the period ended Dec 31, 2025. Filed Feb 19, 2026.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 19, 2026
BNL$17.69-0.9%Stored close · as of Nov 11, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Income and Comprehensive Income
Checking your notes…
| For the Year Ended December 31, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| Revenues | |||
| Lease revenues, net | $454,138 | $431,800 | $442,888 |
| Operating expenses | |||
| Depreciation and amortization | 164,086 | 156,179 | 158,626 |
| Property and operating expense | 22,971 | 24,741 | 22,576 |
| General and administrative | 38,883 | 37,986 | 39,425 |
| Provision for impairment of investment in rental properties | 39,734 | 49,001 | 31,274 |
| Total operating expenses | 265,674 | 267,907 | 251,901 |
| Other income (expenses) | |||
| Interest income | 389 | 994 | 512 |
| Interest expense | (94,467) | (74,077) | (80,053) |
| Gain on sale of real estate | 12,601 | 73,153 | 54,310 |
| Income taxes | (1,154) | (1,175) | (763) |
| Other (expenses) income | (6,417) | 6,201 | (1,681) |
| Net income | 99,416 | 168,989 | 163,312 |
| Net income attributable to non-controlling interests | (2,921) | (6,548) | (7,834) |
| Net income attributable to Broadstone Net Lease, Inc. | $96,495 | $162,441 | $155,478 |
| Weighted average number of common shares outstanding | |||
| Basic | 188,123 | 187,454 | 186,617 |
| Diluted | 197,573 | 196,619 | 196,315 |
| Net earnings per share attributable to common stockholders | |||
| Basic | $0.51 | $0.86 | $0.83 |
| Diluted | $0.50 | $0.86 | $0.83 |
| Comprehensive income | |||
| Net income | $99,416 | $168,989 | $163,312 |
| Other comprehensive income | |||
| Change in fair value of interest rate swaps | (36,185) | 124 | (17,293) |
| Realized loss on interest rate swaps | 6,091 | 209 | 1,883 |
| Comprehensive income | 69,322 | 169,322 | 147,902 |
| Comprehensive income attributable to non-controlling interests | (1,635) | (6,552) | (7,070) |
| Comprehensive income attributable to Broadstone Net Lease, Inc. | $67,687 | $162,770 | $140,832 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.