Broadstone Net Lease Inc (BNL) financials
Broadstone Net Lease revenue and earnings by year
Broadstone Net Lease's revenue was $454 million in the fiscal year to December 31, 2025, up 5.2% from the year before. Net income was $96.5 million, 21.2% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 13.7% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 454 | 432 | 443 | 408 | 383 | 322 | 299 | 237 | 182 | 143 |
| Revenue growth | 5.2% | -2.5% | 8.7% | 6.4% | 19.0% | 7.6% | 25.8% | 30.8% | 27.1% | — |
| Operating income | 188 | 164 | 191 | 188 | 168 | 121 | 135 | 109 | 86 | 64 |
| Operating margin | 41.5% | 38.0% | 43.1% | 46.1% | 43.8% | 37.5% | 45.2% | 46.1% | 47.1% | 44.5% |
| Net income | 96 | 162 | 155 | 122 | 102 | 51 | 79 | 69 | 55 | 36 |
| Net margin | 21.2% | 37.6% | 35.1% | 30.0% | 26.8% | 15.9% | 26.6% | 29.2% | 30.2% | 25.4% |
| Diluted EPS | $0.50 | $0.86 | $0.83 | $0.72 | $0.67 | $0.44 | $0.83 | $0.86 | $0.81 | $0.68 |
| Free cash flow | -376 | 217 | 247 | -604 | -337 | 150 | -684 | -401 | -514 | -400 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open BNL in Markets.
See also: BNL valuation and P/E history · BNL returns
No forecast, no recommendation. This page describes Broadstone Net Lease Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.