Global Net Lease (GNL) Operating Income (2011 - 2026)
Global Net Lease's Operating Income was $54.73 million in Q2 2026, up 29.4% from $42.3 million a year earlier and up 76.9% from the prior quarter.
Global Net Lease (GNL) Operating Income (2011 - 2026) Analysis & Trends
On a trailing twelve-month basis, Global Net Lease's Operating Income was $182.23 million through Jun 30, 2026, up 118.1% year-over-year; for FY2025, it was $110.98 million, down 41.0% from FY2024.
- Operating Income shows a five-year compound annual growth rate of 2.2% (FY2020 to FY2025).
- In earlier years, Operating Income was $188.12 million in FY2024, -$15.29 million in FY2023, $100.54 million in FY2022 (-10.2%) and $111.91 million in FY2021 (+12.6%).
- Quarterly Operating Income has moved between -$95.56 million (Q3 2023) and $110.74 million (Q4 2025) over five years.
- Compared with a year earlier, Operating Income was higher in three of the last four quarters, with growth averaging 29.6%.
- The best year-over-year quarter for Operating Income over five years was Q4 2025 (growth of 96.8%); the worst was Q2 2023 (a decline of 69.7%).
- Per Business Quant data, GNL's Operating Income in the three quarters before Q2 2026 was $30.94 million (Q1 2026), $110.74 million (Q4 2025) and -$14.18 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 164.16 Bn | 146.67 Bn | 1.39 Bn | -1.83 Bn |
| 2 | Prologis | 120.28 Bn | 124.68 Bn | - | 1.25 Bn |
| 3 | Simon Property | 68.97 Bn | 70.18 Bn | - | 762.16 Mn |
| 4 | Realty Income | 51.22 Bn | 53.60 Bn | - | - |
| 5 | Public Storage | 49.85 Bn | 48.94 Bn | - | 466.68 Mn |
| 6 | Ventas | 43.09 Bn | 42.28 Bn | - | - |
| 7 | Extra Space Storage | 28.15 Bn | 28.15 Bn | 642.43 Mn | 392.18 Mn |
| 8 | Vici Properties | 24.95 Bn | 23.07 Bn | 1.05 Bn | 735.50 Mn |
| 9 | Vivmark Residential | 22.41 Bn | 22.60 Bn | - | - |
| 10 | Global Net Lease | 1.74 Bn | 1.12 Bn | - | 54.73 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 54.73 Mn |
| Mar 31, 2026 | 30.94 Mn |
| Dec 31, 2025 | 110.74 Mn |
| Sep 30, 2025 | -14.18 Mn |
| Jun 30, 2025 | 42.30 Mn |
| Mar 31, 2025 | -27.87 Mn |
| Dec 31, 2024 | 56.28 Mn |
| Sep 30, 2024 | 12.85 Mn |
| Jun 30, 2024 | 61.93 Mn |
| Mar 31, 2024 | 57.06 Mn |
| Dec 31, 2023 | 45.41 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 | 29.01 Mn |
| Jun 30, 2022 | 14.80 Mn |
| Mar 31, 2022 | 32.85 Mn |
| Dec 31, 2021 | 26.40 Mn |
| Sep 30, 2021 | 30.78 Mn |
Global Net Lease Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=GNL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "GNL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=GNL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();