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Global Net Lease GNL Construction in progress

Construction in progress at other companies

LXP Industrial Trust logo
LXP Industrial TrustLXP
$102.42M+204%
Innovative Industrial Properties, Inc. logo
Innovative Industrial Properties, Inc.IIPR
$40.31M-33.4%
First Industrial Realty Trust logo
First Industrial Realty TrustFR
$207.41M+4.2%
EastGroup Properties logo
EastGroup PropertiesEGP
$691.52M+2.0%
NetSTREIT logo
NetSTREITNTST
$13.5M+658%
Rexford Industrial Realty logo
Rexford Industrial RealtyREXR
$324.37M-24.9%

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:DevelopmentInProcess.

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
Line itemJune 30,2026December 31,2025
Real estate investments, at cost (Note 4):
Land$636,934$659,086
Buildings, fixtures and improvements3,468,7283,592,121
Construction in progress4062,993
Acquired intangible lease assets492,330523,406
Total real estate investments, at cost4,598,3984,777,606
Less accumulated depreciation and amortization(989,221)(966,982)
Total real estate investments, net3,609,1773,810,624

Item 1. Financial Statements.

FAQ

What is Global Net Lease's construction in progress?
Global Net Lease (GNL) reported construction in progress of $406K in Q2 2026.
How has Global Net Lease's construction in progress changed year-over-year?
Global Net Lease's construction in progress decreased by 74.3% year-over-year, from $1.58M to $406K.
What is the long-term trend for Global Net Lease's construction in progress?
Over 5 years (2020 to 2025), Global Net Lease's construction in progress has grown at a -11.4% compound annual growth rate (CAGR), from $5.49M to $2.99M.
What does construction in progress mean?
Costs accumulated for facilities, equipment, or infrastructure projects under construction — not yet placed in service or generating revenue.

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