Postal Realty Trust PSTL

Postal Realty Trust reports $5.6 million net income for Q3 2026

Form: 10-Q
Filed: Nov 3, 2026, 4:22 pm ET
Importance: Notable
Accession: 0001628280-26-069546

Revenue of $30.28 million for the three months ended Sep 30, 2026
Net income of $5.6 million for the three months ended Sep 30, 2026
Diluted EPS of $0.16 for the three months ended Sep 30, 2026

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The reading, claim by claim

The filing includes consolidated balance sheets, statements of operations, changes in equity, and cash flows.
It also contains notes to the financial statements.

2 of 5 claims matched the filing text.

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For the quarter ended September 30, 2026, the company reported revenue of $30.3 million.
Net income was $5.6 million, with an operating margin of 39.3% and a net margin of 18.5%.
Revenue increased by 24.5% compared to the same period a year earlier.

From the filing

Item 1.

Financial Statements

Consolidated Balance Sheets (Unaudited) as of September 30, 2026 and December 31, 2025¹

Consolidated Statements of Operations and Comprehensive Income (Unaudited) for the Three and Nine Months Ended September 30, 2026 and 2025¹

Consolidated Statements of Changes in Equity (Unaudited) for the Three and Nin e Months Ended September 30, 2026 and 2025¹

Consolidated Statements of Cash Flows (Unaudited) for the Nine Months Ended September 30, 2026 and 2025¹

7²

Notes to Consolidated Financial Statements (Unaudited)²

Item 1. Financial Statements

POSTAL REALTY TRUST, INC.

CONSOLIDATED BALANCE SHEETS (UNAUDITED)

(In thousands, except par value and share data)

September 30,

2026 December 31, 2025

Assets

Investments:

Real estate properties, at cost:

Land $ 217,666 $ 163,485 Building and improvements 712,703 603,390 Tenant improvements 9,513 8,649

Total real estate properties, at cost 939,882 775,524

Less: Accumulated depreciation ( 89,189 ) ( 74,769 )

Total real estate properties, net 850,693 700,755

Investment in financing leases, net 15,769 15,851

Total real estate investments, net 866,462 716,606

Cash 1,764 1,454 Escrow and reserves 605 643 Rent and other receivables 8,919 5,232

Prepaid expenses and other assets, net 18,645 11,800

Goodwill 1,536 1,536 Deferred rent receivable 9,499 5,373 Lease intangible assets, net 23,390 16,413

Assets held for sale, net 415 —

Total Assets $ 931,235 $ 759,057

Liabilities and Equity

Liabilities:

Term loans, net $ 337,610 $ 288,313 Revolving credit facility 11,000 39,000

Secured and other borrowings, net 36,375 33,828

Accounts payable, accrued expenses and other, net 19,157 18,597

Below market leases, net 24,971 19,758 Total Liabilities 429,113 399,496

Commitments and Contingencies

Equity:

Class A common stock, par value $ 0.01 per share; 500,000,000 shares authorized; 33,460,576 and 26,849,381 shares issued and outstanding as of September 30, 2026 and December 31, 2025, respectively 335 268 Class B common stock, par value $ 0.01 per share; 27,206 shares authorized; 27,206 shares issued and outstanding as of September 30, 2026 and December 31, 2025

— —

Additional paid-in capital 480,683 358,001 Accumulated other comprehensive income 7,832 954 Accumulated deficit ( 80,787 ) ( 74,024 ) Total Stockholders' Equity 408,063 285,199

Operating partnership unitholders' non-controlling interests

94,059 74,362 Total Equity 502,122 359,561 Total Liabilities and Equity $ 931,235 $ 759,057

The accompanying notes are an integral part of these unaudited consolida

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