Global Net Lease (GNL) Operating Leases (2013 - 2026)

Global Net Lease (GNL) recorded quarterly Operating Leases of $40.6 million in Q1 2026, down 1.85% quarter-over-quarter from $41.4 million in Q4 2025, and little changed on a YoY basis from $40.7 million in Q1 2025.

Global Net Lease (GNL) Operating Leases (2013 - 2026) Analysis & Trends

Global Net Lease's Operating Leases history runs 13 years deep, the most recent figure standing at $40.6 million for Q1 2026.

  • In Q1 2026, Operating Leases changed 0.1% year-over-year to $40.6 million; the TTM figure through Mar 2026 stood at $40.6 million (changed 0.1% YoY), while the FY2025 annual figure was $41.4 million, up 3.24% from the prior year.
  • Operating Leases was $40.6 million for Q1 2026 at Global Net Lease, down from $41.4 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $50.1 million in Q3 2024 to a low of $20.3 million in Q3 2022.
  • Historically, Operating Leases has averaged $36.6 million across 5 years, with a median of $40.7 million in 2025.
  • The sharpest annual moves came in 2023 and 2024: Operating Leases jumped 136.48% in 2023, then fell 17.15% in 2024.
  • A 5-year view of Operating Leases shows it stood at $21.9 million in 2022, then surged by 121.0% to $48.4 million in 2023, then dropped by 17.15% to $40.1 million in 2024, then grew by 3.24% to $41.4 million in 2025, then retreated by 1.85% to $40.6 million in 2026.
  • The last three Operating Leases figures came in at $40.6 million (Q1 2026), $41.4 million (Q4 2025), and $41.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Vici Properties 29.90 Bn 29.42 Bn 1.01 Bn
2 Broadstone Net Lease 4.01 Bn 4.11 Bn -
3 American Assets Trust 1.48 Bn 1.42 Bn -
4 Safehold 1.14 Bn 1.15 Bn 109.54 Mn
5 Empire State Realty Trust 973.69 Mn 1.70 Bn -
6 JBG SMITH Properties 887.28 Mn 1.38 Bn -
7 CTO Realty Growth 676.07 Mn 676.07 Mn 31.01 Mn
8 Gladstone Commercial 618.88 Mn 788.92 Mn -
9 AH Realty Trust 547.30 Mn 729.64 Mn -
10 Global Net Lease - - -

Historic Data

Download Data
DateValue
Mar 31, 2026 40.63 Mn
Dec 31, 2025 41.40 Mn
Sep 30, 2025 41.83 Mn
Jun 30, 2025 42.20 Mn
Mar 31, 2025 40.67 Mn
Dec 31, 2024 40.10 Mn
Sep 30, 2024 50.13 Mn
Jun 30, 2024 49.58 Mn
Mar 31, 2024 47.70 Mn
Dec 31, 2023 48.40 Mn
Sep 30, 2023 47.90 Mn
Jun 30, 2023 22.30 Mn
Mar 31, 2023 22.03 Mn
Dec 31, 2022 21.90 Mn
Sep 30, 2022 20.26 Mn
Jun 30, 2022 21.73 Mn
Mar 31, 2022 23.20 Mn
Dec 31, 2021 22.77 Mn
Sep 30, 2021 23.40 Mn
Jun 30, 2021 24.20 Mn