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Netstreit Corp (NTST) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

REAL ESTATE · REIT - RETAIL · DATA UPDATED 2026-09-06

Netstreit Corp (NTST) operates in the REIT - RETAIL industry and is headquartered in Dallas, United States with about 29 employees. Its market capitalization is roughly $2 billion. In the fiscal year ended 2025-12-31, NTST reported $195M in revenue and $7M in net income.

NETSTREIT Corp. is an internally managed real estate investment trust based in Dallas, Texas that specializes in acquiring single-tenant net lease retail properties nationwide. The growing portfolio consists of high-quality properties leased to e-commerce resistant tenants with healthy balance sheets.

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NTST Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-31
Total Revenue$216M$195M$163M$132M$96M$59M$34M$20M$24M
Gross Profit$195M$176M$145M$115M$84M$53M$28M$19M$22M
Gross Margin %90.3%90.0%89.1%87.2%87.0%89.0%83.0%91.6%92.7%
Operating Income (EBIT)$74M$67M$48M$31M$15M$7M($3M)$0M$5M
Operating Margin %34.3%34.6%29.7%23.6%15.2%11.9%-9.4%-0.6%22.8%
Net Income$14M$7M($12M)$7M$8M$3M$1M($8M)($20M)
Net Margin %6.4%3.5%-7.3%5.2%8.4%5.1%2.2%-39.6%-85.2%
EBITDA$169M$152M$115M$108M$71M$37M$16M$15M$18M
Earnings Per Share (EPS)$0.14$0.08$-0.16$0.11$0.16$0.08$0.03$-0.33$-0.84
Shares Outstanding (M)103M84M77M65M50M39M21M24M24M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

NTST Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Total Revenue$61M$54M$53M$48M$48M$46M$44M$41M
Gross Profit$56M$49M$47M$44M$44M$41M$39M$37M
Gross Margin %90.7%90.3%89.2%91.1%90.6%89.4%88.7%89.1%
Operating Income (EBIT)$20M$18M$19M$17M$17M$15M$14M$12M
Operating Margin %32.2%34.2%35.1%36.2%34.7%32.6%32.4%29.4%
Net Income$6M$6M$1M$1M$3M$2M($5M)($5M)
Net Margin %10.3%10.6%2.5%1.3%6.8%3.7%-12.2%-12.8%
EBITDA$48M$43M$42M$36M$38M$36M$29M$28M
Earnings Per Share (EPS)$0.06$0.06$0.02$0.01$0.04$0.02$-0.07$-0.07
Shares Outstanding (M)103M99M87M86M82M82M77M78M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

NTST Free Cash Flow History

Cash flowTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-31
Cash from Operations (CFO)$120M$110M$90M$80M$51M$31M$13M$6M$9M
Capital Expenditures (CapEx)$482M$0M$0M$0M$1M$1M$0M$0M$32M
Free Cash Flow (FCF)($362M)$109M$90M$80M$49M$31M$13M$6M($23M)
FCF Margin %-167.3%56.1%55.4%60.7%51.3%52.0%37.6%29.2%-95.3%
Dividends Paid$80M$71M$64M$52M$40M$31M$9M$6M$10M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

NTST Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Cash from Operations (CFO)$37M$26M$29M$28M$31M$22M$28M$25M
Capital Expenditures (CapEx)$242M$239M$0M$0M$0M$0M$3M$7M
Free Cash Flow (FCF)($205M)($213M)$29M$28M$31M$22M$25M$18M
FCF Margin %-335.1%-395.6%54.6%57.9%63.4%48.1%56.7%43.0%
Dividends Paid$22M$22M$18M$18M$17M$17M$17M$16M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

NTST Balance Sheet History

Balance sheet2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-31
Total Assets$3.0B$2.6B$2.3B$1.9B$1.6B$1.1B$726M$434M$333M
Cash & Cash Equivalents$20M$14M$14M$30M$66M$8M$93M$169M$1M
Total Liabilities$1.5B$1.2B$921M$673M$547M$279M$198M$181M$250M
Total Debt (Short + Long-Term)$1.2B$1.1B$869M$610M$494M$238M$177M$348M$243M
Total Shareholders' Equity$1.6B$1.4B$1.3B$1.3B$1.0B$779M$494M$165M$83M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive NTST viewer.

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