Broadstone Net Lease (BNL) Intangibles (2016 - 2026)
Broadstone Net Lease (BNL) posted quarterly Intangibles of $250.5 million for Q2 2026, down 2.39% year-over-year from $256.7 million in Q2 2025, and down 4.37% quarter-over-quarter from $262.0 million in Q1 2026.
Broadstone Net Lease (BNL) Intangibles (2016 - 2026) Analysis & Trends
Broadstone Net Lease (BNL) has reported Intangibles for 11 consecutive years, with $250.5 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Intangibles fell 2.39% year-over-year to $250.5 million; the TTM figure through Jun 2026 stood at $250.5 million (down 2.39% YoY), while the FY2025 annual figure was $268.0 million, changed 0.14% from the prior year.
- Intangibles declined to $250.5 million in Q2 2026 per BNL's latest filing, from $262.0 million in the prior quarter.
- Across five years, Intangibles topped out at $329.6 million in Q4 2022 and bottomed at $250.5 million in Q2 2026.
- Historically, Intangibles has averaged $284.7 million across 5 years, with a median of $276.8 million in 2024.
- Annual changes were most pronounced in 2022 — Intangibles rose 8.54% — and 2024, when it fell 13.93%.
- Broadstone Net Lease's Intangibles stood at $329.6 million in 2022, then dropped by 12.55% to $288.2 million in 2023, then dropped by 7.14% to $267.6 million in 2024, then climbed by 0.14% to $268.0 million in 2025, then decreased by 6.52% to $250.5 million in 2026.
- Business Quant data shows BNL's Intangibles at $250.5 million in Q2 2026, $262.0 million in Q1 2026, and $268.0 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 28.92 Bn | 28.48 Bn | 1.05 Bn | - |
| 2 | W. P. Carey | 16.08 Bn | 16.08 Bn | 441.59 Mn | - |
| 3 | Broadstone Net Lease | 4.01 Bn | 4.00 Bn | - | 250.54 Mn |
| 4 | Global Net Lease | 1.91 Bn | 1.76 Bn | - | 492.33 Mn |
| 5 | American Assets Trust | 1.38 Bn | 1.38 Bn | - | - |
| 6 | Safehold | 1.10 Bn | -2.59 Bn | 113.88 Mn | 257.20 Mn |
| 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 | 145.09 Mn |
| 10 | JBG SMITH Properties | 729.72 Mn | 729.72 Mn | - | 11.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 250.54 Mn |
| Mar 31, 2026 | 261.98 Mn |
| Dec 31, 2025 | 268.01 Mn |
| Sep 30, 2025 | 258.15 Mn |
| Jun 30, 2025 | 256.68 Mn |
| Mar 31, 2025 | 264.08 Mn |
| Dec 31, 2024 | 267.64 Mn |
| Sep 30, 2024 | 276.81 Mn |
| Jun 30, 2024 | 282.55 Mn |
| Mar 31, 2024 | 273.25 Mn |
| Dec 31, 2023 | 288.23 Mn |
| Sep 30, 2023 | 297.66 Mn |
| Jun 30, 2023 | 309.30 Mn |
| Mar 31, 2023 | 317.48 Mn |
| Dec 31, 2022 | 329.59 Mn |
| Sep 30, 2022 | 322.31 Mn |
| Jun 30, 2022 | 316.12 Mn |
| Dec 31, 2021 | 303.64 Mn |
| Sep 30, 2021 | 301.05 Mn |
| Jun 30, 2021 | 296.13 Mn |