NewLake Capital Partners (NLCP) Operating Income (2020 - 2026)
NewLake Capital Partners (NLCP) reported Operating Income of $6.14 million for Q2 2026, down 18.9% from $7.56 million a year earlier but up 2.0% from the prior quarter.
NewLake Capital Partners (NLCP) Operating Income (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, NewLake Capital Partners' Operating Income came in at $25.34 million, down 5.8% year-over-year; for FY2025, it came in at $27.25 million, up 1.7% from FY2024.
- Operating Income has increased for four consecutive years.
- By year, Operating Income came in at $26.79 million in FY2024 (+8.7%), $24.66 million in FY2023 (+9.5%), $22.52 million in FY2022 (+95.9%) and $11.5 million in FY2021.
- Five-year quarterly Operating Income spans a low of $2.76 million in Q3 2021 and a high of $7.56 million in Q2 2025.
- Year over year, Operating Income gained in four of the last eight quarters, with an average decline of 2.5%.
- The high point for year-over-year Operating Income in five years was Q1 2022 (growth of 232.9%); the low point was Q2 2026 (a decline of 18.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $6.01 million (Q1 2026), $6.28 million (Q4 2025) and $6.92 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | -1.83 Bn |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | 1.25 Bn |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | 890.67 Mn |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | - |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | 466.68 Mn |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | - |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | 392.18 Mn |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | 735.50 Mn |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | - |
| 10 | NewLake Capital Partners | 301.51 Mn | 210.11 Mn | - | 6.14 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.14 Mn |
| Mar 31, 2026 | 6.01 Mn |
| Dec 31, 2025 | 6.28 Mn |
| Sep 30, 2025 | 6.92 Mn |
| Jun 30, 2025 | 7.56 Mn |
| Mar 31, 2025 | 6.49 Mn |
| Dec 31, 2024 | 6.22 Mn |
| Sep 30, 2024 | 6.64 Mn |
| Jun 30, 2024 | 6.97 Mn |
| Mar 31, 2024 | 6.98 Mn |
| Dec 31, 2023 | 7.04 Mn |
| Sep 30, 2023 | 5.98 Mn |
| Jun 30, 2023 | 5.79 Mn |
| Mar 31, 2023 | 5.84 Mn |
| Dec 31, 2022 | 6.91 Mn |
| Sep 30, 2022 | 6.71 Mn |
| Jun 30, 2022 | 3.79 Mn |
| Mar 31, 2022 | 5.11 Mn |
| Dec 31, 2021 | 4.40 Mn |
| Sep 30, 2021 | 2.76 Mn |
NewLake Capital Partners 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=NLCP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "NLCP", "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=NLCP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();