NNN: revenue $244.3M, net income $97.9M. NNN REIT grows portfolio and rent 7.7%, but impairments and interest costs rise

Filed August 5, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 5, 2025 · ~1 min read

Key Changes

• high

  Total revenue rose 7.7% to $244.3M, driven by acquisitions and higher rental income, but net income fell 2.6% to $97.9M and diluted EPS declined 3.7% to $0.52.

  MD&A: Results verify on EDGAR →
• high

  Real estate impairments more than tripled to $18.7M for the six months, up from $6.0M a year earlier, signaling property-level write-downs.

  MD&A: Impairments verify on EDGAR →
• high

  Interest expense rose 9.5% for the six months to $106.2M, reflecting new debt including a $500M term loan and higher average borrowings.

  MD&A: Interest verify on EDGAR →