NNN REIT, Inc. filed its quarterly report on Form 10-Q with the U.S. Securities and Exchange Commission for the period ended June 30, 2026, disclosing condensed consolidated financial statements and related notes as of that date.

Key Highlights

  • Rental income: $242,682 thousand for the quarter ended June 30, 2026, compared to $226,498 thousand in the same quarter of 2025.
  • Net earnings: $97,924 thousand for Q2 2026, versus $100,529 thousand in Q2 2025; basic and diluted earnings per share were $0.52, down from $0.54.
  • Six-month net earnings: $191,875 thousand for the six months ended June 30, 2026, compared to $196,987 thousand for the same period in 2025.
  • Total assets: $9,606,523 thousand as of June 30, 2026, up from $9,379,355 thousand at December 31, 2025.
  • Common dividend: $0.600 per share declared and paid in Q2 2026, compared to $0.580 per share in Q2 2025.
  • ATM equity issuance: 1,667,232 shares issued under the ATM equity program during Q2 2026, raising $74,617 thousand before stock issuance costs of $1,238 thousand.
  • Shares outstanding: 191,931,400 shares of common stock outstanding as of July 30, 2026, per the filing cover page.

NNN REIT's Second Quarter 2026 Balance Sheet and Income Statement Details

According to the filing, NNN REIT, Inc. (New York Stock Exchange: NNN) reported total revenues of $244,266 thousand for the quarter ended June 30, 2026, compared to $226,802 thousand in the prior-year quarter. Rental income accounted for the majority of revenues at $242,682 thousand, up from $226,498 thousand a year earlier. For the six months ended June 30, 2026, rental income totaled $482,696 thousand versus $457,072 thousand in the comparable 2025 period.

The filing reported net earnings of $97,924 thousand for Q2 2026, a decrease from $100,529 thousand in Q2 2025. Total operating expenses for the quarter were $101,995 thousand, including depreciation and amortization of $71,025 thousand and impairment losses on real estate, net of recoveries, of $8,067 thousand. Interest expense for the quarter was $53,487 thousand, up from $49,282 thousand in Q2 2025. Gain on disposition of real estate was $9,105 thousand for the quarter, compared to $16,198 thousand in the year-ago quarter.

On the balance sheet as of June 30, 2026, the company reported total liabilities of $5,145,787 thousand and total equity of $4,460,736 thousand. The real estate portfolio, net of accumulated depreciation and amortization, stood at $9,463,681 thousand, up from $9,239,542 thousand at December 31, 2025. The line of credit payable decreased to $28,500 thousand from $348,100 thousand at year-end 2025, while a term loan payable of $496,835 thousand (net of unamortized debt costs) appeared on the balance sheet as of June 30, 2026, with no comparable balance at December 31, 2025. The accumulated deficit as of June 30, 2026 was $(917,959) thousand, compared to $(882,712) thousand at December 31, 2025.

What Was Disclosed

NNN REIT filed its Form 10-Q for the quarter ended June 30, 2026, disclosing condensed consolidated balance sheets, income statements, equity statements, and related financial data, including revenue, earnings, dividends, equity issuances, and balance sheet positions.