← NETSTREIT Corp.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|
| Mortgage loans receivable, net | — | — | $0 | $46.4m | $114.5m | $139.4m | $142.5m | |
| Cash, cash equivalents, and restricted cash | $169.3m | $92.6m | $7.6m | $70.5m | $29.9m | $14.3m | $14.5m | |
| Lease intangible assets, net | $28.8m | $75.0m | $124.8m | $151.0m | $161.4m | $164.4m | $173.4m | |
| Lease intangible liabilities, net | $4.7m | $16.9m | $23.3m | $30.1m | $25.4m | $20.2m | $16.9m | |
| Other assets, net | $3.3m | $5.7m | $20.4m | $52.1m | $49.3m | $58.2m | $63.1m | |
| Land | $84.0m | $189.4m | $299.9m | $401.1m | $460.9m | $571.3m | $772.4m | |
| Buildings and improvements | $140.1m | $358.4m | $626.5m | $907.1m | $1.1b | $1.4b | $1.6b | |
| Less accumulated depreciation | ($132k) | ($10.1m) | ($30.7m) | ($62.5m) | ($101.2m) | ($143.4m) | ($188.9m) | |
| Property under development | — | $0 | $17.9m | $16.8m | $29.2m | $6.1m | $5.5m | |
| Real estate held for investment, net | $223.9m | $537.6m | $913.6m | $1.3b | $1.5b | $1.8b | $2.2b | |
| Assets held for sale | $8.5m | $14.8m | $2.1m | $23.2m | $52.5m | $48.6m | $41.0m | |
| Term loans, net | — | — | $174.3m | $373.3m | $521.9m | $622.6m | $1.1b | |
| Revolving credit facility | — | $0 | $64.0m | $113.0m | $80.0m | $239.0m | $0 | |
| Mortgage note payable, net | $173.9m | $174.1m | $174.3m | $7.9m | $7.9m | $7.9m | $7.8m | |
| Liabilities related to assets held for sale | $189k | $399k | $0 | $406k | $1.2m | $1.9m | $1.0m | |
| Total real estate, at cost | $224.1m | $547.7m | $926.4m | $1.3b | $1.6b | $2.0b | $2.4b | |
| Total stockholders’ equity | $164.5m | $494.1m | $779.2m | $1.0b | $1.3b | $1.3b | $1.4b | |
| Total equity | $252.4m | $528.1m | $789.8m | $1.1b | $1.3b | $1.3b | $1.5b | |
| Total assets | $433.9m | $725.8m | $1.1b | $1.6b | $1.9b | $2.3b | $2.6b | |
| Accounts payable, accrued expenses, and other liabilities | $2.7m | $6.3m | $17.0m | $22.5m | $36.5m | $29.7m | $42.6m | |
| Total liabilities | $181.5m | $197.7m | $278.6m | $547.3m | $672.8m | $921.2m | $1.2b | |
| Common stock, $0.01 par value, 400,000,000 shares authorized; 93,070,533 and 81,602,232 shares issued and outstanding as of December 31, 2025 and 2024, respectively | 89k | 282k | 442k | 580k | 732k | 816k | 931k | |
| Additional paid-in capital | $164.4m | $501.0m | $809.7m | $1.1b | $1.4b | $1.5b | $1.7b | |
| Distributions in excess of retained earnings | $28k | ($7.5m) | ($35.1m) | ($66.9m) | ($112.3m) | ($188.0m) | ($251.9m) | |
| Accumulated other comprehensive (loss) income | $0 | $235k | $4.1m | $23.7m | $8.9m | $10.2m | ($4.6m) | |
| Noncontrolling interests | $87.9m | $34.0m | $10.6m | $9.6m | $8.5m | $7.2m | $6.6m | |
| Total liabilities and equity | $433.9m | $725.8m | $1.1b | $1.6b | $1.9b | $2.3b | $2.6b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.