Netstreit Q2 FY26 net income per share rises 50% to $0.06; revenue increases 26.86% to $61.28 million
NTST•Updated full-year outlook
Netstreit raised its full-year AFFO per share outlook to $1.37-$1.39 and lifted its net investment activity forecast to $700-$800 million.
Quarterly results and operating metrics
Netstreit posted Q2 GAAP net income attributable to common stockholders of $6.29 million, up 92.08% year over year.
Revenue rose 26.92% to $61.28 million; FFO per diluted share climbed 9.7% to $0.34.
Net investment activity totaled $229.62 million; cash yield held at 7.4%.
The portfolio stayed 100% occupied with ABR of $231.43 million; the weighted average lease term was 10.0 years.
