NetSTREIT Corp. (NTST) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	234.2M	195.0M	162.8M	131.9M	96.3M
Cost of Revenue	22.6M	19.4M	17.8M	16.9M	12.5M
Gross Profit	211.6M	175.6M	145.0M	115.0M	83.7M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	24.1M	21.7M	19.7M	20.2M	19.1M
General & Admin Expense	24.1M	21.7M	19.7M	20.2M	19.1M
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	107.5M	86.4M	76.9M	63.7M	50.1M
Total Operating Expenses	131.6M	108.1M	96.6M	83.9M	69.1M
Cost and Expenses	154.2M	127.5M	114.4M	100.7M	81.7M
Operating Income (EBIT)	80.0M	67.5M	48.4M	31.2M	14.6M
Non-Operating
Interest Income	6.2M	12.6M	11.6M	7.4M	2.3M
Interest Expense	63.9M	57.3M	48.5M	35.6M	12.3M
Net Interest Income	(57.7M)	(44.7M)	(36.9M)	(28.2M)	(10.0M)
Other Non-Op Income/Expense	(57.9M)	(60.5M)	(60.4M)	(24.3M)	(6.0M)
Non-Operating Income (excl Interest)	(4.5M)	3.2M	11.9M	(11.3M)	(6.3M)
EBT (Pre-Tax Income)	22.0M	7.0M	(12.0M)	6.8M	8.6M
Income Tax Expense	187.0K	54.0K	49.0K	(49.0K)	396.0K
Bottom Line
Net Income	21.8M	6.9M	(11.9M)	6.8M	8.1M
Earnings from Cont. Ops	21.9M	6.9M	(12.0M)	6.9M	8.2M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	21.8M	6.9M	(11.9M)	6.8M	8.1M
Per Share
Basic EPS	$0.22	$0.08	($0.16)	$0.11	$0.16
Diluted EPS	$0.21	$0.08	($0.16)	$0.11	$0.16
Revenue Per Share	$2.27	$2.36	$2.13	$2.06	$1.94
Shares
Basic Shares Outstanding	103.1M	82.7M	76.5M	63.9M	49.5M
Diluted Shares Outstanding	108.2M	84.2M	76.5M	64.7M	50.4M
Profitability Metrics
EBITDA	185.8M	150.7M	113.4M	106.1M	71.0M
D&A	101.4M	86.4M	76.9M	63.7M	50.1M
EBIT	84.5M	64.3M	36.5M	42.5M	20.9M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026