Broadstone Net Lease, Inc.
Broadstone Net Lease, Inc. (NYSE: BNL) is an industrial-focused, diversified real estate investment trust that owns primarily single-tenant commercial properties leased on a long-term, net basis to tenants across multiple industries. It invests through property acquisitions, build-to-suit development,… From the company’s description.
Over the twelve months to Sep 30, 2026, Broadstone Net Lease, Inc. reported revenue of $483.87M, up 8.0% from a year earlier, and net income of $149.81M. Operations generated $306.46M in cash. In fiscal 2025, it reported revenue of $454.14M, up 5.2% from fiscal 2024, and net income of $99.42M.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Broadstone Net Lease, Inc. does
In the company’s own words
Broadstone Net Lease, Inc. (NYSE: BNL) is an industrial-focused, diversified real estate investment trust that owns primarily single-tenant commercial properties leased on a long-term, net basis to tenants across multiple industries. It invests through property acquisitions, build-to-suit development, revenue-generating capital expenditures for existing tenants, and shorter-term transitional capital, including preferred equity. Its portfolio focuses on industrial properties such as warehouses, manufacturing facilities and food-processing sites, alongside retail properties including general merchandise stores, restaurants and automotive services; tenants generally pay property expenses under the net leases. The company operates as a single portfolio rather than reporting business segments. At December 31, 2025, it owned 771 properties across 44 U.S. states and four Canadian provinces, totaling approximately 41.6 million rentable square feet; the portfolio was 61.9% industrial and 30.1% retail by annualized base rent. Its 206 tenants operated 197 distinct brands across 57 industries, with no tenant accounting for more than 3.9% of portfolio annualized base rent. Its website is www.broadstone.com.
Company details
- Sector
- Real Estate
- Industry (SIC)
- REITs
- Headquarters
- VICTOR, NY
- Fiscal year end
- December
- CIK
- 1424182
- SIC
- 6798
Financial performance, year by year
Fiscal 2017–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Broadstone Net Lease, Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Broadstone Net Lease, Inc.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
Compare this company with peers, find it in your funds and follow its financial history with your connected AI:
- “How do Broadstone Net Lease, Inc. and its peers compare on margins and cash generation over ten years?”
- “Where did five years of Broadstone Net Lease, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
- “What changed in Broadstone Net Lease, Inc.'s last four quarterly filings that the numbers alone won't show?”