GNL Revenue Flow Filed revenue amounts for 2026-04-01 to 2026-06-30. Coverage is partial. Unconnected amounts are separate disclosures; they must not be added together.
2026-06-30: Revenue $112.47M ; Cost of revenue (m) ; Operating expenses (m) ; Income tax $4.78M . 2026-03-31: Revenue $109.29M ; Cost of revenue (m) ; Operating expenses (m) ; Income tax $1.64M . 2025-12-31: Revenue $116.95M* ; Cost of revenue (m) ; Operating expenses (m) ; Income tax $12.43M* . 2025-09-30: Revenue $121.01M ; Cost of revenue (m) ; Operating expenses (m) ; Income tax $3.09M . Consolidation item Separate filed amounts; connecting flows are not established. Components and totals may overlap.
GNL revenue flow Filed amounts. Only explicit calculation relationships connect amounts; dimensional membership alone does not establish an additive flow. Operating Segments $112.48M Revenue $112.48M Operating income $54.73M Other income, net $276.00K Pre-tax income $5.79M Income tax $4.78M Net income $3.49M
Segment Separate filed amounts; connecting flows are not established. Components and totals may overlap.
GNL revenue flow Filed amounts. Only explicit calculation relationships connect amounts; dimensional membership alone does not establish an additive flow. Industrial And Distribution Segment $51.69M Office Segment $30.79M Real Estate Investing $112.48M Single Tenant Retail Segment $30.00M Revenue $112.48M Operating income $54.73M Other income, net $276.00K Pre-tax income $5.79M Income tax $4.78M Net income $3.49M
Finer product or service dollar figures and nonoverlapping groupings are shown only where supported by the retained filing evidence. Growth percentages are never converted to revenue dollars.
Historical revenue and expense breakdown Revenue and expense 3 month Period end Revenue Cost of revenue Operating expenses Income tax Net income 2026-06-30 $112.47M (m) (m) $4.78M (m) 2026-03-31 $109.29M (m) (m) $1.64M (m) 2025-12-31 $116.95M* (m) (m) $12.43M* (m) 2025-09-30 $121.01M (m) (m) $3.09M (m) 2025-06-30 $124.91M (m) (m) $3.00M (m) 2025-03-31 $132.41M (m) (m) $3.28M (m) 2024-09-30 $138.67M (m) (m) $1.31M (m) 2024-06-30 $145.46M (m) (m) -$250.00K (m) 2024-03-31 $147.88M (m) (m) $2.36M (m) 2023-09-30 $118.17M (m) (m) $2.80M (m) 2023-06-30 $95.84M (m) (m) $3.51M (m) 2023-03-31 $94.33M (m) (m) $2.71M (m) 2022-09-30 $92.60M (m) (m) $3.05M (m) 2022-06-30 $95.18M (m) (m) $2.52M (m) 2022-03-31 $97.13M (m) (m) $3.10M (m) 2021-09-30 $95.76M (m) (m) $1.93M (m) 2021-06-30 $99.56M (m) (m) $1.93M (m) 2021-03-31 $89.39M (m) (m) $2.08M (m) 2020-12-31 $87.04M (m) (m) (m) (m) 2020-09-30 $82.71M (m) (m) $862.00K (m) 2020-06-30 $81.11M (m) (m) $691.00K (m) 2020-03-31 $79.24M (m) $55.43M $959.00K (m) 2019-12-31 $76.69M (m) (m) (m) (m) 2019-09-30 $77.94M $8.22M $60.36M $940.00K (m) 2019-06-30 $76.12M $8.16M $51.89M $780.00K (m) 2019-03-31 $75.47M $8.04M $52.28M $960.00K (m) 2018-12-31 $71.23M (m) (m) (m) (m) 2018-09-30 $71.92M $6.96M $50.55M $530.00K (m) 2018-06-30 $70.97M $7.14M $48.81M $1.20M (m) 2018-03-31 $68.09M $6.83M $46.26M $1.07M (m) 2017-12-31 $66.60M (m) (m) (m) (m) 2017-09-30 $64.87M $6.39M $46.38M $760.00K (m) 2017-06-30 $64.99M $5.71M $41.54M $510.00K $5.20M 2017-03-31 $62.84M (m) $42.56M $906.00K $7.43M 2016-12-31 $52.77M (m) (m) (m) $15.95M* 2016-09-30 $53.25M (m) $38.03M $448.00K $8.94M 2016-06-30 $53.20M (m) $34.29M $430.00K $15.76M 2016-03-31 $54.95M (m) $36.84M $550.00K $6.49M 2015-12-31 $56.04M (m) (m) (m) (m) 2015-09-30 $50.25M (m) $38.77M $703.00K $5.43M 2015-06-30 $49.07M (m) $69.55M $1.30M -$45.66M 2015-03-31 $49.97M (m) $29.25M $1.64M $25.86M 2014-12-31 $46.31M (m) (m) (m) -$5.21M 2014-09-30 $25.90M (m) $46.71M -$70.00K -$24.56M 2014-06-30 $13.63M (m) $18.34M $658.00K -$7.48M 2014-03-31 $7.55M (m) $22.14M $0.00 -$16.35M 2013-12-31 $2.47M (m) (m) (m) -$2.60M 2013-09-30 $1.23M (m) $3.99M (m) -$3.09M 2013-06-30 $200.00K (m) $1.46M (m) -$1.29M 2013-03-31 $45.00K (m) $34.00K (m) -$2.00K 2012-12-31 $30.00K (m) (m) (m) -$256.00K 2012-09-30 $0.00 (m) $93.00K (m) -$93.00K 2012-06-30 $0.00 (m) $63.00K (m) -$63.00K 2012-03-31 $0.00 (m) $1.00K (m) -$1.00K 2011-09-30 $0.00 (m) $0.00 (m) $0.00
Revenue and expense 6 month Period end Revenue Cost of revenue Operating expenses Income tax Net income 2026-06-30 $221.76M (m) (m) $6.42M (m) 2025-06-30 $257.32M (m) (m) $6.28M (m) 2024-06-30 $293.34M (m) (m) $2.11M (m) 2023-06-30 $190.18M (m) (m) $6.21M (m) 2022-06-30 $192.31M (m) (m) $5.61M (m) 2021-06-30 $188.95M (m) (m) $4.01M (m) 2020-06-30 $160.35M (m) (m) $1.65M (m) 2019-06-30 $151.59M $16.20M $104.17M $1.74M (m) 2018-06-30 $139.06M $13.97M $95.07M $2.27M (m) 2017-06-30 $127.82M $11.44M $84.10M $1.42M $12.63M 2016-06-30 $108.15M (m) $71.13M $980.00K $22.25M 2015-06-30 $99.04M (m) $98.80M $2.94M -$19.81M 2014-06-30 $21.18M (m) $40.48M $1.10M -$23.83M 2013-06-30 $245.00K (m) $1.49M (m) -$1.30M 2012-06-30 $0.00 (m) $64.00K (m) -$64.00K 2011-12-31 $0.00 (m) $16.00K (m) -$16.00K
Revenue and expense 9 month Period end Revenue Cost of revenue Operating expenses Income tax Net income 2025-09-30 $378.33M (m) (m) $9.37M (m) 2024-09-30 $432.01M (m) (m) $3.42M (m) 2023-09-30 $308.34M (m) (m) $9.02M (m) 2022-09-30 $284.91M (m) (m) $8.66M (m) 2021-09-30 $284.71M (m) (m) $5.94M (m) 2020-09-30 $243.06M (m) (m) $2.51M (m) 2019-09-30 $229.53M $24.43M $164.53M $2.68M (m) 2018-09-30 $210.98M $20.93M $145.63M $2.80M (m) 2017-09-30 $192.69M $17.83M $130.49M $2.18M (m) 2016-09-30 $161.40M (m) $109.16M $1.43M $31.19M 2015-09-30 $149.29M (m) $137.57M $3.65M -$14.38M 2014-09-30 $47.08M (m) $86.10M $1.03M -$48.39M 2013-09-30 $1.48M (m) $5.49M (m) -$4.39M 2012-09-30 $0.00 (m) $157.00K (m) -$157.00K 2012-03-31 $0.00 (m) $17.00K (m) -$17.00K
Revenue and expense 12 month Period end Revenue Cost of revenue Operating expenses Income tax Net income 2025-12-31 $495.29M (m) (m) $21.80M (m) 2024-12-31 $569.79M (m) (m) $4.45M (m) 2023-12-31 $445.76M (m) (m) $14.47M (m) 2022-12-31 $378.86M (m) (m) $11.03M (m) 2021-12-31 $391.23M (m) (m) $12.15M (m) 2020-12-31 $330.10M (m) (m) $4.97M (m) 2019-12-31 $306.21M (m) (m) $4.33M (m) 2018-12-31 $282.21M $28.23M $208.44M $2.43M (m) 2017-12-31 $259.30M $24.46M $173.25M $3.14M (m) 2016-12-31 $214.17M $19.75M $153.89M $4.42M $47.14M 2015-12-31 $205.33M (m) $172.12M $5.89M -$2.06M 2014-12-31 $93.38M (m) $136.94M -$1.43M -$53.59M 2013-12-31 $3.95M (m) $10.01M $0.00 -$6.99M 2012-12-31 $30.00K (m) $433.00K $0.00 -$413.00K 2012-06-30 $0.00 (m) $80.00K (m) -$80.00K