Global Net Lease GNL Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue from tenants by Business | ||||||
| Industrial & Distribution | $216.84M-3.9% | $225.66M+0.6% | $224.27M-1.3% | $227.22M-2.8% | $233.66M-1.7% | |
| Office | $129.95M-5.0% | $136.84M-5.5% | $144.8M-0.7% | $145.8M-0.1% | $145.92M+1.6% | |
| Retail | $125.37M-5.6% | $132.78M-8.6% | $145.32M-6.0% | $154.63M-3.3% | $159.96M-3.4% | |
| Total investments in real estate, net by Business | ||||||
| Industrial & Distribution | $7.69B-4.3% | $8.03B-4.6% | $8.42B-2.2% | $8.61B-1.8% | $8.77B-3.9% | |
| Office | $3.76B-4.8% | $3.95B-4.0% | $4.11B-3.9% | $4.28B-2.5% | $4.39B-3.7% | |
| Retail | $4.62B-2.4% | $4.74B-5.2% | $5B-7.1% | $5.38B-6.4% | $5.75B-6.6% | |
| Operating Income (Loss) by Business | ||||||
| Industrial & Distribution | $197.86M-4.3% | $206.69M+1.6% | $203.49M-1.0% | $205.54M-2.7% | $211.3M-2.1% | |
| Office | $113.29M-5.1% | $119.39M-5.8% | $126.67M-0.1% | $126.75M-0.6% | $127.53M+2.3% | |
| Retail | $110.83M-6.1% | $118.01M-9.4% | $130.23M-7.4% | $140.68M-3.0% | $144.98M-3.0% | |
| Property operating expense by Business | ||||||
| Industrial & Distribution | $18.98M0.0% | $18.98M-8.7% | $20.78M-4.2% | $21.68M-3.0% | $22.36M+2.8% | |
| Office | $16.66M-4.6% | $17.45M-3.7% | $18.12M-4.9% | $19.06M+3.6% | $18.4M-2.5% | |
| Retail | $14.55M-1.6% | $14.78M-2.0% | $15.08M+8.2% | $13.95M-6.9% | $14.98M-7.4% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Global Net Lease break its business down?
- Global Net Lease (GNL) reports revenue from tenants by business across 3 parts — Industrial & Distribution, Office and Retail. Each is extracted from the segment footnotes and tracked over time.
- Where does Global Net Lease's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Global Net Lease's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
