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Global Net Lease GNL
$ 9.12 0.27%
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Quarterly report 2026-Q2
added 08-05-2026

Global Net Lease Income Statement 2025-2011 | GNL

Brief overview of income trends at Global Net Lease

This overview is based on financial performance over the past five years. Revenue reported by Global Net Lease was 330 million dollars at the beginning of the period and 495 million dollars at the end. The five-year change reached +50%, while CAGR stood at 8.5%. Revenue advanced gradually over the five-year period.

The operating result measured by EBITDA moved from 238 million dollars to 302 million dollars, or +27.1%. Changes in revenue did not translate into comparable EBITDA performance. At the operating-margin level, the figure shifted from 72% to 61%. Operating return per unit of revenue declined.

Comparing the endpoints shows a move from $10.8 million to −$225 million. The move from profit to loss indicates a material deterioration in final efficiency.

Market capitalization changed from $1.5 billion to $2.2 billion (+47%). The market broadly confirmed the positive direction of the business.

What the figures show

The financial profile remains mixed, with strengths and risks moving in different directions. The positive side is supported by revenue expansion. Caution is warranted because of lower net income and weaker operating efficiency. Further direction will depend on top-line growth, operating profitability, and net income.

Annual Income Statement Global Net Lease

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

Market Cap

 2.17 B 1.74 B 1.05 B 1.48 B 1.36 B 1.48 B 1.78 B 1.33 B 1.21 B 1.29 B 1.22 B 29.4 K 149 K 1.59 M 6.5 M

Shares

 223 M 230 M 143 M 104 M 98.3 M 89.5 M 85 M 69.4 M 66.9 M 56.7 M 58.1 M 42 M 57.4 M 57.4 M 57.4 M

Historical Prices

 9.74 7.53 7.35 14.3 13.8 16.5 14.8 12.9 10.2 14.4 12.5 - - - -

Net Income

 -225 M -132 M -212 M 12 M 11.4 M 10.8 M 46.5 M 10.9 M 23.6 M 47.1 M -2.06 M -53.6 M -6.99 M -413 K -

Revenue

 495 M 570 M 446 M 379 M 391 M 330 M 306 M 282 M 259 M 214 M 205 M 93.4 M 3.95 M 30 K -

Cost of Revenue

 - - - - - - - 28.2 M 24.5 M 19.8 M - - - - -

Gross Profit

 - - - - - - 278 M 253 M 230 M 195 M 187 M 85.4 M 3.91 M 30 K -

Operating Income

 111 M 188 M -15.3 M 101 M 112 M 99.2 M 115 M 68 M 87.1 M 73.6 M 33.2 M -43.6 M -6.06 M -403 K -

Interest Expense

 4.33 M 1.08 M 179 M 97.5 M 94.3 M 71.8 M 64.2 M 58 M 48.4 M 39.1 M 34.9 M 14.9 M 969 K 10 K -

EBITDA

 302 M 405 M 164 M 255 M 275 M 238 M 225 M 212 M 201 M 165 M 144 M 80.3 M 3.8 M -154 K -

Operating Expenses

 - - - - - - 179 M 161 M 142 M 125 M 133 M 45.5 M 2.22 M 205 K -

General and Administrative Expenses

 52.8 M 52.4 M 37.2 M 17.7 M 17.2 M 13.3 M 52.9 M 41.3 M 29.3 M 30.6 M 43.3 M 5.11 M 108 K 184 K -

All numbers in USD currency

Quarterly Income Statement Global Net Lease

2026-Q2 2026-Q1 2025-Q3 2025-Q2 2025-Q1 2024-Q4 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Shares

 211 M 214 M 221 M 223 M 230 M 231 M 230 M 230 M 230 M 231 M 131 M 104 M 104 M 104 M 104 M 104 M 104 M 104 M 101 M 96.4 M 91.5 M 89.5 M 89.5 M 89.5 M 89.5 M 89.5 M 85.3 M 83.8 M 81.5 M 73.6 M 69.4 M 67.3 M 67.3 M 67.3 M 67.3 M 66.7 M 66.3 M 57.8 M 56.5 M 56.3 M 56.3 M 169 M 169 M 180 M 179 M 177 M 175 M 112 M 37.6 M 11.5 M 7.02 M 2.76 M 439 K 189 K 22.2 K 22.2 K 22.2 K 22.2 K - 22.2 K 22.2 K

Net Income

 3.49 M -5.08 M -60.1 M -24.1 M -189 M - -65.6 M -35.7 M -23.8 M - -136 M -26.3 M -890 K - 14.8 M -716 K 10.5 M - 7.39 M 2.59 M 4.18 M -13.3 M 4.14 M 5.53 M 9.6 M 9.26 M 9.94 M 15.3 M 8.28 M -6.74 M 2.63 M 7.74 M 4.81 M 6 M 2.49 M 5.2 M 7.43 M 15.9 M 8.94 M 15.8 M 6.49 M 12.3 M 5.43 M -45.7 M 25.9 M -5.21 M -24.6 M -7.48 M -16.3 M -2.6 M -3.09 M -1.29 M -2 K -256 K -93 K -63 K -1 K - -16 K -16 K -16 K

Revenue

 112 M 109 M 121 M 125 M 132 M - 139 M 145 M 148 M - 118 M 95.8 M 94.3 M - 92.6 M 95.2 M 97.1 M - 95.8 M 99.6 M 89.4 M 87 M 82.7 M 81.1 M 79.2 M 76.7 M 77.9 M 76.1 M 75.5 M 71.2 M 71.9 M 71 M 68.1 M 66.6 M 64.9 M 65 M 62.8 M 52.8 M 53.3 M 53.2 M 55 M 56 M 50.3 M 49.1 M 50 M 46.3 M 25.9 M 13.6 M 7.55 M 2.47 M 1.23 M 200 K 45 K 30 K - - - - - - -

Cost of Revenue

 - - - - - - - - - - - - - - - - - - - - - - - - - - 8.22 M 8.16 M 8.04 M - 6.96 M 7.14 M 6.83 M - 6.39 M 5.71 M - - - - - - - - - - - - - - - - - - - - - - - - -

Operating Income

 54.7 M 30.9 M -14.2 M 42.3 M -27.9 M - 12.8 M 61.9 M 57.1 M - -95.6 M 4.49 M 30.4 M - 29 M 14.8 M 32.8 M - 30.8 M 29 M 25.8 M - 26 M 24.3 M 23.8 M - 24.6 M 31.2 M 24.1 M - 19.4 M 18.3 M 21.8 M - 18.5 M 23.4 M 20.3 M - 15.2 M 18.9 M 18.1 M - 11.5 M -20.5 M 20.7 M - -20.8 M -4.72 M -14.6 M - -2.76 M -1.26 M 11 K - -93 K -63 K -1 K - - - -

Interest Expense

 276 K 174 K 1.82 M 1.68 M 48 K - 76 K 345 K -40 K - 119 K 1.65 M 27 M - 24.2 M 23.4 M 24.1 M - 24.9 M 24 M 21.4 M - 18.7 M 17.5 M 16.4 M - 16.2 M 15.7 M 15.2 M - 15.1 M 14.4 M 13 M - 12.5 M 11.6 M 11.5 M - 8.91 M 10.6 M 10.6 M - 9.04 M 7.95 M 7.81 M - 4.08 M 2.61 M 1.69 M - 348 K 52 K 13 K - - - - - - - -

EBITDA

 96.2 M 72.6 M 30.6 M 87.9 M 28.5 M - 65.6 M 119 M 114 M - -46.3 M 41.8 M 67.4 M - 66.8 M 54.2 M 72.7 M - 72.4 M 68.7 M 65.5 M - 61.1 M 58.3 M 57.3 M - 56.2 M 62.2 M 55.4 M - 49.6 M 48.2 M 51.3 M - 48.4 M 50.9 M 47.4 M - 38.7 M 42.7 M 41.9 M - 34.4 M 1.61 M 41.8 M - -5.68 M 2.92 M -10.2 M - -2.08 M -1.14 M 41 K - -93 K -63 K -1 K - - - -

Operating Expenses

 - - - - - - - - - - - - - - - - - - - - - - - - 55.4 M - 60.4 M 51.9 M 52.3 M - 50.6 M 48.8 M 46.3 M - 46.4 M 41.5 M 42.6 M - 38 M 34.3 M 36.8 M - 38.8 M 69.6 M 29.2 M - 46.7 M 18.3 M 22.1 M - 3.99 M 1.46 M 34 K - 93 K 63 K 1 K - - - -

General and Administrative Expenses

 11.9 M 12.1 M 11.8 M 11.3 M 16.2 M - 10.9 M 13.7 M 14.7 M - 6.98 M 10.7 M 5.66 M - 4.06 M 3.68 M 3.89 M - 3.91 M 4.2 M 4.13 M - 2.64 M 3.41 M 2.96 M - 3.25 M 2.32 M 3.21 M - 3.22 M 2.56 M 2.05 M - 2.47 M 2.05 M 1.77 M - 1.71 M 1.88 M 1.7 M - 2.04 M 1.89 M 1.71 M - 740 K 877 K 976 K - 19 K 11 K 4 K - 93 K 63 K 1 K - - - -

All numbers in USD currency

The income statement is one of the three key financial reports of a company Global Net Lease (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:

  • How much revenue the company earned
  • How much it spent on production, personnel, marketing, taxes, etc.
  • What profit remained in the end

Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.

Features
  • The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
  • Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
  • A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.

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