NNN REIT, Inc.

Real Estate · REIT - Retail

41.60$ -0.1% vs. previous close Closing price · As of: Sep 22, 2026

Statements

Income Statement

NNN REIT, Inc. (NNN) by the numbers: income statement, balance sheet and cash flow, by year or by quarter. In the most recent period (2025), "Revenue" came in at 926 million USD. Tick rows to compare them in a chart.

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Amounts Change % Common size % Per share

Last 12 Full history

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All figures in millions of USD.

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Income Statement NNN
Line item	1996	1997	1998	1999	2000	2001	2002	2003	2004	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Revenue	33	50	64	77	81	81	94	103	129	145	159	187	231	248	268	311	351	392	435	483	534	585	623	670	661	726	773	828	869	926
Cost of Revenue	–	–	–	–	16	30	24	27	12	13	7.1	1.4	4.9	16	13	17	17	18	19	20	21	23	25	28	28	28	26	28	32	574
Gross Profit	33	50	65	77	78	81	90	111	108	111	149	181	227	231	242	287	334	375	416	463	513	562	598	643	632	698	747	800	837	352
Research & Development	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	–	–
Selling, General & Administrative	1.2	1.2	7.7	6.2	4.8	6.9	16	22	23	23	24	24	25	22	23	29	32	31	33	35	37	34	34	38	38	45	50	47	45	47
Total Operating Expenses	6.4	9.0	21	25	13	30	20	38	35	48	64	65	81	119	113	128	131	135	150	174	177	188	173	226	258	249	264	245	259	-218
Operating Income	27	41	44	51	65	51	70	73	73	84	94	121	146	121	135	164	198	239	266	289	309	338	425	417	374	449	483	555	578	570
Interest Expense	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	32	36	46	49	58	62	65	75	84	85	86	90	96	109	116	120	129	138	148	164	184	202
Pre-Tax Income	20	31	40	57	61	49	71	79	45	50	52	76	90	60	71	91	117	155	180	198	212	229	292	300	229	290	335	392	397	390
Income Tax Expense	0.2	0.4	14	10	27	22	-3.0	-2.9	-2.5	-2.9	-11	-8.5	-7.5	-1.0	0.5	0.9	-6.9	0.1	-0.1	10	27	37	-16	120	129	138	148	164	–	–
Net Income	20	30	32	35	38	29	51	53	65	89	183	157	123	55	73	92	142	160	191	198	240	265	292	299	229	290	335	392	397	390
EBITDA	31	46	54	54	98	112	119	132	169	85	112	154	194	162	180	219	281	340	381	423	485	548	583	609	555	633	707	795	831	860

Data as of: September 22, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)

Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.

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Income Statement

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