FY2025 · ended Dec 31, 2025 · Revenue $454.14M, +5.2% YoY · Filed Feb 19, 2026
Broadstone Net Lease, Inc. (BNL) files with the SEC under industry code 6798, Real Estate Investment Trusts. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $454.1 million and net income of $96.5 million. Free cash flow was $269.8 million. As of Sep 30, 2026 it held $12.2 million in cash and investments and $2.9 billion in total debt.
Revenue (TTM)
$483.87M
+8.0% vs year-ago TTM
Net income (TTM)
$146.41M
+63.1% vs year-ago TTM
Operating cash flow (TTM)
$306.46M
+9.9% vs year-ago TTM
Free cash flow (TTM)
$262.93M
+5.5% vs year-ago TTM
EPS (TTM)
$0.73
+61.7% vs year-ago TTM
Dividend per share
$1.16
+163.6% vs prior year
Shares outstanding
191.42M
+1.4% vs prior year
Net cash
$-2.90B
as of Sep 30, 2026
Operating margin
46.8%
FY 2017
Company profile
- Industry
- Real Estate Investment Trusts (SIC 6798)
- Listed as
- BNL (NYSE)
- Fiscal year ends
- December 31
- Headquarters
- Victor, NY
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1424182
- Former names
- Broadstone Net Lease Inc (until Aug 10, 2017)
Other Real Estate Investment Trusts companies
- Welltower Inc. WELL
- Prologis, Inc. PLD
- Equinix Inc EQIX
- American Tower Corp /MA/ AMT
- Simon Property Group Inc. SPG
- Digital Realty Trust, Inc. DLR
- Public Storage PSA
- Realty Income Corp O
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $454.1M | $431.8M | $442.9M | $407.5M | $382.9M |
| Net income | $96.5M | $162.4M | $155.5M | $122.1M | $102.4M |
| Diluted EPS | $0.50 | $0.86 | $0.83 | $0.72 | $0.67 |
| Operating cash flow | $299.5M | $276.3M | $271.1M | $255.9M | $244.9M |
| Free cash flow | $269.8M | $259.5M | $224.8M | $224.5M | $243.3M |
| Total assets | $5.7B | $5.2B | $5.3B | $5.5B | $4.6B |
| Total liabilities | $2.7B | $2.1B | $2.1B | $2.2B | $1.9B |
| Stockholders' equity | $2.9B | $3.0B | $3.0B | $3.1B | $2.6B |
| Cash and investments | $30.5M | $14.8M | $19.5M | $21.8M | $21.7M |
| Total debt | $2.5B | $1.9B | $1.9B | $2.0B | $1.7B |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Oct 28, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations
|
Oct 28, 2026 | Oct 28, 2026 |
| 8-K |
Current report
Regulation FD disclosure
|
Oct 5, 2026 | Oct 5, 2026 |
| 8-K |
Current report
Regulation FD disclosure
|
Aug 25, 2026 | Aug 25, 2026 |
| 8-K |
Current report
Other events
|
Aug 10, 2026 | Aug 6, 2026 |
| 10-Q/A | Amended quarterly report | Jul 29, 2026 | Jun 30, 2026 |
All 736 Broadstone Net Lease, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.