One Liberty Properties Q2 FY26 net income rises 86% to $15.66 million; revenue increases 10.3% to $27 million
OLP•Financing after quarter end
- Subsequent to quarter end, it entered a new up to USD 100 million revolving credit facility maturing in December 2029, with an extension option to December 2030.
Q2 results and operating metrics
- One Liberty Properties posted Q2 net income attributable to shareholders of USD 15.66 million, up 86%, with diluted EPS rising 82% to USD 0.71.
- Rental income, net climbed 10.3% to USD 27 million, while total operating expenses increased to USD 17.64 million from year-ago levels.
- Non-GAAP FFO per diluted share rose 8.9% to USD 0.49, while non-GAAP AFFO per diluted share increased 4.1% to USD 0.51.
- Quarter-end occupancy was 97.6%; the REIT sold three non-core properties for USD 26.5 million, generating USD 16.3 million of net proceeds.
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