Global Net Lease Financial Statements
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At close: Oct 9, 4:00 PM ET · Delayed 15 min
Global Net Lease revenue and earnings
In fiscal 2025, Global Net Lease generated $495.3 million in revenue, down 13.1% from fiscal 2024, its first annual decline since 2022. Global Net Lease reported a net loss of $225.5 million, compared with a loss of $131.6 million a year earlier. Operating margin was 22.4%.
Diluted earnings per share came in at -$1.21. Over the last 5 fiscal years, GNL's revenue has grown at a 8.5% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Global Net Lease income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 495.29M | 569.79M | 445.76M | 378.86M | 391.23M | 330.10M | 306.21M | 282.21M | 259.30M | 214.17M |
| Revenue growth (YoY) | -13.08% | +27.82% | +17.66% | -3.16% | +18.52% | +7.80% | +8.51% | +8.84% | +21.07% | +4.31% |
| Cost of Revenue | — | — | — | — | — | — | — | 28.23M | 24.46M | 19.75M |
| Gross Profit | — | — | — | — | — | — | — | 253.97M | 234.84M | 194.42M |
| Operating Expenses | — | — | — | — | — | — | — | 208.44M | 173.25M | 153.89M |
| Operating Income | 110.98M | 188.12M | -15.29M | 100.54M | 111.91M | 99.24M | 114.89M | 68.02M | 87.14M | 73.62M |
| Interest Expense | 194.72M | 255.69M | 179.41M | 97.51M | 94.34M | 71.80M | 64.20M | 57.97M | 48.45M | 39.12M |
| Other Income (Expense) | -224.93M | -263.04M | -161.45M | -77.49M | -88.39M | -83.50M | -64.09M | -54.69M | -60.41M | -21.62M |
| Pretax Income | -113.95M | -74.92M | -176.74M | 23.05M | 23.52M | 15.75M | 50.81M | 13.33M | 26.73M | 52.00M |
| Income Tax | 21.80M | 4.45M | 14.47M | 11.03M | 12.15M | 4.97M | 4.33M | 2.43M | 3.14M | 4.42M |
| Net Income | -225.46M | -131.57M | -211.91M | 12.02M | 11.37M | 10.78M | 46.48M | 10.90M | 23.59M | 47.14M |
| Net Income growth (YoY) | — | — | -1862.54% | +5.78% | +5.46% | -76.81% | +326.50% | -53.80% | -49.97% | — |
| EPS (Basic) | -1.21 | -0.76 | -1.71 | -0.09 | -0.20 | -0.09 | 0.40 | 0.01 | 0.30 | 0.82 |
| EPS (Diluted) | -1.21 | -0.76 | -1.71 | -0.09 | -0.20 | -0.09 | 0.39 | 0.01 | 0.30 | 0.82 |
| Shares Outstanding (Basic) | 223.26M | 230.44M | 142.58M | 103.69M | 98.28M | 89.47M | 85.03M | 69.41M | 66.88M | 56.72M |
| Shares Outstanding (Diluted) | 223.26M | 230.44M | 142.58M | 103.69M | 98.28M | 89.47M | 86.35M | 69.66M | 66.88M | 56.72M |
| EBITDA | 302.17M | 404.94M | 164.06M | 254.57M | 274.99M | 237.79M | 240.89M | 187.60M | 200.19M | 168.08M |
| Gross Margin | — | — | — | — | — | — | — | 90.00% | 90.57% | 90.78% |
| Operating Margin | 22.41% | 33.02% | -3.43% | 26.54% | 28.61% | 30.06% | 37.52% | 24.10% | 33.61% | 34.38% |
| Net Margin | -45.52% | -23.09% | -47.54% | 3.17% | 2.91% | 3.27% | 15.18% | 3.86% | 9.10% | 22.01% |
This table shows 10 annual periods of Global Net Lease's income statement, from FY 2025 back to FY 2016, across 18 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow GNL's reporting calendar. What is a income statement?