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Realty Income O Q2 2026 earnings

Reported August 5, 2026 · After market close

Revenue$1.5BBeat by $142.9M
EPS$0.37Miss by $0.03
Revenue estimate$1.4B
EPS estimate$0.40
“Our results reflect the strength of Realty Income's diversified platform and our disciplined approach to capital allocation. As demonstrated by our recently announced $6 billion hyperscale data center joint venture and the continued expansion of our Realty Income Investment Management platform, we are leveraging our scale, relationships, and track record to access new sources of growth while maintaining the same disciplined underwriting standards that have defined Realty Income for decades.”
Sumit Roy

Next report

Nov 2, 2026 (in a month)
Revenue estimate$1.4B
EPS estimate$0.41

Financials

Q2 2026

Income statement

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Revenue$1.5B+9.7%
Net income$370.5M+86.2%
EPS (diluted)$0.37+68.2%

Balance sheet

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Cash & equivalents$552.6M-31.0%
Total debt$528.5M+1.2%
Total equity$39.5B+1.0%
Total assets$76.4B+7.0%

Cash flow

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Operating cash flow$1.1B+8.0%
CapEx$57.2M+118%
Free cash flow$1.1B+5.2%

Valuation & ratios

Valuation

as of 10/02/26
See full
Market cap$50.65B-7.8%
Enterprise value$50.63B-8.0%
P/E38.9×-18.0×
P/S8.4×-1.4×

Profitability

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Net margin21.5%+4.7pp
FCF margin66.1%+1.2pp

Returns & leverage

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Return on equity3.3%+0.9pp
Debt / equity0×0.0×

FAQ

When did Realty Income report Q2 2026 earnings?
Realty Income (O) reported Q2 2026 earnings on August 5, 2026 after market close.
What were Realty Income's Q2 2026 revenue and EPS?
Realty Income reported revenue of $1.5B and eps of $0.37 for Q2 2026.
Did Realty Income beat estimates in Q2 2026?
Revenue beat the consensus estimate of $1.4B by $142.9M. EPS missed the consensus estimate of $0.40 by $0.03.
How did Realty Income's Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 9.7% from $1.4B a year earlier and eps grew 69.8% from $0.22.
Where can I find Realty Income's Q2 2026 SEC filings?
You can read the 8-K earnings release (0000726728-26-000044) and the 10-Q periodic report (0000726728-26-000048) directly on SEC EDGAR. The filing index links above go to sec.gov.