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Global Net Lease GNL Retail — Total investments in real estate, net

Other segment segments

Industrial & Distribution
$1.71B-18.2%
Office
$796.19M-25.2%

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Other financials

Income statement

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Revenue$112.5M-10.0%
Operating income$54.7M+29.4%
Net income$3.5M+114%
EPS (diluted)-$0.04+75.0%

Balance sheet

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Cash & equivalents$153.6M+6.1%
Total debt$40.0M-5.2%
Total equity$1.5B-17.6%
Total assets$4.1B-18.4%

Cash flow

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Operating cash flow$67.1M+29.0%
CapEx$1.8M-81.5%
Free cash flow$65.3M+54.7%

Valuation

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Market cap$1.95B+18.9%
Enterprise value$1.83B+19.4%
P/S4.2×+1.2×

Profitability

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Gross margin89.4%
Operating margin39.6%+24.0pp
Net margin-54.3%+193pp
FCF margin43.8%+6.0pp

Returns & leverage

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Return on equity-14.1%-263pp
Debt / equity0.0×

Where this comes from

Reported directly by Global Net Lease in its filing.

Tagged under the XBRL concept us-gaap:RealEstateInvestmentPropertyNet.

The source filing: Global Net Lease’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:23 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-053396
(In thousands)June 30, 2026December 31, 2025 (1)
Investments in real estate, net:
Industrial & Distribution$1,713,035$1,792,235
Retail1,099,9541,142,964
Office796,188875,425
Total investments in real estate, net3,609,1773,810,624
Real estate assets held for sale33,83449,654
Assets related to discontinued operations348
Cash and cash equivalents153,640180,114

Item 1. Financial Statements.

FAQ

What is Global Net Lease's retail — total investments in real estate, net?
Global Net Lease (GNL) reported retail — total investments in real estate, net of $1.1B in Q2 2026.
How has Global Net Lease's retail — total investments in real estate, net changed year-over-year?
Global Net Lease's retail — total investments in real estate, net decreased by 9.0% year-over-year, from $1.21B to $1.1B.
What does retail — total investments in real estate, net mean?
This metric represents the net book value of all retail real estate assets held by the company, after accounting for accumulated depreciation and impairment. It reflects the total capital deployed into the retail segment and serves as a proxy for the scale of the retail footprint. Investors use this to understand the asset base supporting the segment's revenue and long-term value.

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