Broadstone Net Lease BNL
NYSE BNL
$21.12 -0.09 (-0.42%)
At close: Aug 21, 2026 · 4:00 PM EDT

Broadstone Net Lease (BNL) Cost of Revenue (2017 - 2024)

Broadstone Net Lease (BNL) posted quarterly Cost of Revenue of $3.2 million for Q1 2024, up 121.79% year-over-year from $1.5 million in Q2 2023, and up 137.53% quarter-over-quarter from $1.4 million in Q3 2023.

Broadstone Net Lease (BNL) Cost of Revenue (2017 - 2024) Analysis & Trends

Broadstone Net Lease (BNL) has reported Cost of Revenue for 8 consecutive years, with $3.2 million the latest figure, recorded in Q1 2024.

  • In Q1 2024, Cost of Revenue rose 121.79% year-over-year to $3.2 million; the TTM figure through Mar 2024 stood at $7.6 million (up 499.45% YoY), while the FY2020 annual figure was $2.5 million, down 88.74% from the prior year.
  • Cost of Revenue improved to $3.2 million in Q1 2024 per BNL's latest filing, from $1.4 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $3.2 million in Q1 2024 and bottomed at -$3.3 million in Q4 2021.
  • Historically, Cost of Revenue has averaged $652533.3 across 5 years, with a median of $507000.0 in 2022.
  • Annual changes were most pronounced in 2021 — Cost of Revenue plunged 1130.22% — and 2023, when it soared 1154.13%.
  • Broadstone Net Lease's Cost of Revenue stood at -$268000.0 in 2020, then slumped by 1130.22% to -$3.3 million in 2021, then surged by 75.49% to -$808000.0 in 2022, then jumped by 269.18% to $1.4 million in 2023, then surged by 137.53% to $3.2 million in 2024.
  • Business Quant data shows BNL's Cost of Revenue at $3.2 million in Q1 2024, $1.4 million in Q3 2023, and $1.5 million in Q2 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Vici Properties 28.92 Bn 28.48 Bn 1.05 Bn 7.40 Mn
2 W. P. Carey 16.08 Bn 16.08 Bn 441.59 Mn 19.47 Mn
3 Broadstone Net Lease 4.01 Bn 4.00 Bn - -
4 Global Net Lease 1.91 Bn 1.76 Bn - -
5 American Assets Trust 1.38 Bn 1.38 Bn - -
6 Safehold 1.10 Bn -2.59 Bn 113.88 Mn 770,000.00
7 Cim 1.05 Bn 2.41 Bn - -
8 Empire State Realty Trust 826.12 Mn 826.12 Mn - -
9 CTO Realty Growth 764.50 Mn 764.50 Mn 32.71 Mn 11.13 Mn
10 JBG SMITH Properties 729.72 Mn 729.72 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2024 3.25 Mn
Mar 31, 2024 3.25 Mn
Sep 30, 2023 1.37 Mn
Sep 30, 2023 1.37 Mn
Jun 30, 2023 1.55 Mn
Jun 30, 2023 1.55 Mn
Mar 31, 2023 1.46 Mn
Mar 31, 2023 1.46 Mn
Dec 31, 2022 -808,000.00
Dec 31, 2022 -808,000.00
Sep 30, 2022 109,000.00
Sep 30, 2022 109,000.00
Jun 30, 2022 507,000.00
Jun 30, 2022 507,000.00
Mar 31, 2022 192,000.00
Mar 31, 2022 192,000.00
Dec 31, 2021 -3.30 Mn
Dec 31, 2021 -3.30 Mn
Sep 30, 2021 1.10 Mn
Sep 30, 2021 1.10 Mn