Global Net Lease (GNL) Operating Income (2011 - 2026)

Global Net Lease's (GNL) quarterly Operating Income came in at $23.1 million in Q1 2026, up 182.73% year-on-year from $8.2 million in Q1 2025, and up 43.64% quarter-over-quarter from $16.1 million in Q4 2025.

Global Net Lease (GNL) Operating Income (2011 - 2026) Analysis & Trends

Global Net Lease's Operating Income history runs 16 years deep, the most recent figure standing at $23.1 million for Q1 2026.

  • On a quarterly basis, Operating Income rose 182.73% year-over-year to $23.1 million in Q1 2026; TTM through Mar 2026 was $67.2 million, a 45.87% increase from a year earlier, with the FY2025 full-year figure at $16.3 million, down 87.56% from the prior year.
  • Operating Income advanced to $23.1 million in Q1 2026 per GNL's latest filing, from $16.1 million in the prior quarter.
  • Across five years, Operating Income topped out at $61.9 million in Q2 2024 and bottomed at -$95.6 million in Q3 2023.
  • The 5-year median for Operating Income is $23.1 million (2026), against an average of $15.1 million.
  • Across the five-year window, Operating Income tumbled 431.06% in 2023 and jumped 2087.0% in 2025, its largest moves.
  • Year by year, Operating Income stood at $23.9 million in 2022, then surged by 97.12% to $47.1 million in 2023, then plunged by 101.72% to -$808000.0 in 2024, then soared by 2087.0% to $16.1 million in 2025, then surged by 43.64% to $23.1 million in 2026.
  • Per Business Quant, the three latest GNL Operating Income figures stand at $23.1 million (Q1 2026), $16.1 million (Q4 2025), and -$14.2 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Vici Properties 28.12 Bn 27.64 Bn 1.01 Bn 996.08 Mn
2 W. P. Carey 16.60 Bn 16.61 Bn 434.82 Mn 179.72 Mn
3 Broadstone Net Lease 4.29 Bn 4.40 Bn - -
4 American Assets Trust 1.47 Bn 1.41 Bn - 23.22 Mn
5 Safehold 1.15 Bn -2.44 Bn 109.54 Mn 25.55 Mn
6 Empire State Realty Trust 930.17 Mn 1.66 Bn - 29.46 Mn
7 Cim 917.30 Mn 735.54 Mn - -
8 JBG SMITH Properties 855.38 Mn 1.35 Bn - 60.92 Mn
9 CTO Realty Growth 725.13 Mn 725.13 Mn 31.01 Mn 10.29 Mn
10 Global Net Lease 521.56 Mn 396.08 Mn - 23.06 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 23.06 Mn
Dec 31, 2025 16.06 Mn
Sep 30, 2025 -14.18 Mn
Jun 30, 2025 42.30 Mn
Mar 31, 2025 -27.87 Mn
Dec 31, 2024 -808,000.00
Sep 30, 2024 12.85 Mn
Jun 30, 2024 61.93 Mn
Mar 31, 2024 57.06 Mn
Dec 31, 2023 47.08 Mn
Sep 30, 2023 -95.56 Mn
Jun 30, 2023 4.49 Mn
Mar 31, 2023 30.37 Mn
Dec 31, 2022 23.88 Mn
Sep 30, 2022 28.86 Mn
Jun 30, 2022 14.74 Mn
Mar 31, 2022 32.85 Mn
Dec 31, 2021 24.91 Mn
Sep 30, 2021 29.58 Mn
Jun 30, 2021 28.97 Mn