Global Net Lease Inc (GNL) financials
Global Net Lease revenue and earnings by year
Global Net Lease's revenue was $495 million in the fiscal year to December 31, 2025, down 13.1% from the year before. Net income was -$225 million, -45.5% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 9.8% 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 | 0.50 | 0.57 | 0.45 | 0.38 | 0.39 | 0.33 | 0.31 | 0.28 | 0.26 | 0.21 |
| Revenue growth | -13.1% | 27.8% | 17.7% | -3.2% | 18.5% | 7.8% | 8.5% | 8.8% | 21.1% | — |
| Operating income | 0.11 | 0.19 | -0.02 | 0.10 | 0.11 | 0.10 | 0.11 | 0.07 | 0.09 | 0.06 |
| Operating margin | 22.4% | 33.0% | -3.4% | 26.5% | 28.2% | 30.1% | 37.5% | 26.1% | 33.6% | 28.1% |
| Net income | -0.23 | -0.13 | -0.21 | 0.01 | 0.01 | 0.01 | 0.05 | 0.01 | 0.02 | 0.05 |
| Net margin | -45.5% | -23.1% | -47.5% | 3.2% | 2.9% | 3.3% | 15.2% | 3.9% | 9.1% | 22.0% |
| Diluted EPS | -$1.21 | -$0.76 | -$1.71 | -$0.09 | — | -$0.09 | $0.39 | $0.01 | $0.31 | $0.83 |
| Free cash flow | -1.50 | -0.46 | 0.04 | 0.17 | -0.24 | -0.29 | -0.15 | -0.31 | 0.04 | 0.01 |
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 GNL in Markets.
See also: GNL valuation and P/E history · GNL returns
No forecast, no recommendation. This page describes Global 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.