NNN · XBRL financial data

NNN REIT financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (NNN's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Revenue	205	216*	215	217	219	218*	231	227	230	238*	244	250
General and administrative	10	11*	13	12	11	9*	13	11	11	12*	14	14
Total operating expenses	77	84*	82	82	83	87*	91	93	95	105*	102	100
Operating income (loss)	148	140*	138	152	144	144*	144	150	147	149*	151	165
Interest expense	42	43*	44	47	46	47*	48	49	53	54*	53	55
Other income (expense)	(41)	(43)*	(44)	(46)	(46)	(46)*	(47)	(49)	(50)	(53)*	(53)	(55)
Net income (loss)	107	97*	94	107	98	98*	96	101	97	96*	98	110
Earnings per share, basic USD per share	0.59	0.53*	0.52	0.58	0.53	0.52*	0.52	0.54	0.51	0.51*	0.52	0.58
Earnings per share, diluted USD per share	0.59	0.53*	0.52	0.58	0.53	0.52*	0.51	0.54	0.51	0.51*	0.52	0.57
Weighted average shares, basic millions of shares	181	181*	182	182	184	186*	187	187	188	189*	189	191
Weighted average shares, diluted millions of shares	182	182*	182	183	185	187*	187	187	188	189*	190	191

Fiscal quarters (NNN's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Cash and cash equivalents	77	1	1	2	174	9	5	6	158	5	4	3
Total assets	8,561	8,662	8,706	8,727	8,924	8,873	9,022	9,149	9,480	9,379	9,607	9,719
Total liabilities	4,403	4,505	4,531	4,532	4,555	4,510	4,665	4,786	5,060	4,971	5,146	5,167
Accumulated deficit	(800)	(806)	(814)	(811)	(819)	(829)	(841)	(849)	(865)	(883)	(918)	(926)
Total stockholders' equity	4,158	4,157	4,175	4,195	4,369	4,362	4,356	4,362	4,420	4,408	4,461	4,551
Total liabilities and equity	8,561	8,662	8,706	8,727	8,924	8,873	9,022	9,149	9,480	9,379	9,607	9,719
Common shares outstanding (cover page) millions of shares	≈0	182	183	184	188	188	188	189	190	190	192	194

≈ Rounded on cover: the filing states this count rounded, and it sits more than 1% off the weighted shares for the period.

Fiscal quarters (NNN's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Net income (loss)	107	97*	94	107	98	98*	96	101	97	96*	98	110
Depreciation and amortization	60*	60*	61	63*	63*	63*	65	68*	67*	68*	—	74*
Net cash from operating activities	192*	122*	191	120*	207*	118*	203	119*	218*	126*	—	220*
Net cash from investing activities	(148)*	(244)*	(98)	(42)*	(106)*	(179)*	(215)	(172)*	(248)*	(113)*	—	(183)*
Proceeds from issuing common stock	1*	1*	22	13*	182*	1*	1	11*	72*	2*	—	92*
Dividends paid	103*	103*	103	103*	106*	108*	108	109*	113*	113*	—	118*
Repayments of long-term debt	—	—	—	—	—	—	—	—	—	—	—	0*
Net cash from financing activities	50*	30*	(97)	(63)*	61*	(108)*	8	53*	182*	(166)*	—	(39)*
Net change in cash	93*	(93)*	(4)	16*	162*	(169)*	(4)	1*	152*	(153)*	—	(1)*

SIC 6798 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 6798 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
NNN REIT	2.7	250	220*	193.9M	Q3 FY26 10-QSep 30, 2026
Federal Realty Investment Trust	110	339	not reported	86.0M	Q3 FY26 10-QSep 30, 2026
Brixmor Property Group	164	360	171*	306.9M	Q3 FY26 10-QSep 30, 2026
Rexford Industrial Realty	424	0	152*	212.1M	Q3 FY26 10-QSep 30, 2026
AGNC Investment	468	not reported	404*	1.3B	Q3 FY26 10-QSep 30, 2026
Janus Living	338	268	112*	not reported	Q3 FY26 10-QSep 30, 2026
Eastgroup Properties	0.3	199	176*	53.8M	Q3 FY26 10-QSep 30, 2026
Healthpeak Properties	514	268	354*	689.5M	Q3 FY26 10-QSep 30, 2026
Vornado Realty Trust	580	468	not reported	187.0M	Q3 FY26 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.