NETSTREIT Corp. (NTST) Financial Statements
Industry: Real Estate Investment Trusts
In fiscal 2025, NETSTREIT reported revenue of $195.0M, up 19.8% from $162.8M the year before. Net income was $6.9M (a 3.5% net margin), or $0.08 per diluted share. Gross margin was 25.7% and operating margin was 14.6%. Operating activities generated $109.5M of cash. At fiscal year end, NETSTREIT held $2.61B in total assets against $1.16B in total liabilities.
Open the full interactive NETSTREIT financials → Quarterly statements, key ratios, valuation history and price charts.
NETSTREIT Key Stats
| Share Price | $17.39 |
|---|---|
| Market Cap | $1.79B |
| P/E Ratio | 217.4 |
| Revenue YoY Growth | +19.8% |
| 52-Week Range | $16.58 – $22.01 |
| Shares Outstanding | 97.4 million (basic, 2026 Q2) |
NETSTREIT Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $33.7M | $59.1M | $96.3M | $131.9M | $162.8M | $195.0M |
| Cost of Goods Sold | $35.2M | $55.7M | $82.8M | $107.8M | $144.3M | $144.8M |
| Gross Profit | -$1.5M | $3.5M | $13.5M | $24.1M | $18.4M | $50.2M |
| Operating Income | -$12.8M | -$11.3M | -$5.5M | $3.9M | -$1.3M | $28.5M |
| Pre-Tax Income | $730,000 | $3.2M | $8.6M | $6.8M | -$12.0M | $7.0M |
| Income Tax | — | $59,000 | $396,000 | -$49,000 | $49,000 | $54,000 |
| Net Income | $730,000 | $3.0M | $8.1M | $6.8M | -$11.9M | $6.9M |
| Diluted EPS | $0.01 | $0.08 | $0.16 | $0.11 | -$0.16 | $0.08 |
NETSTREIT Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $48.3M | $52.5M | $57.1M | $61.3M |
| Net Income | $618,000 | $1.3M | $5.7M | $6.3M |
| Diluted EPS | $0.01 | $0.02 | $0.06 | $0.06 |
NETSTREIT Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Total Assets | $725.8M | $1.07B | $1.61B | $1.95B | $2.26B | $2.61B |
| Total Long-Term Debt | $174.1M | $237.5M | $491.5M | $607.9M | $868.3M | $1.10B |
| Total Liabilities | $197.7M | $278.6M | $547.3M | $672.8M | $921.2M | $1.16B |
| Shareholders' Equity | $494.1M | $779.2M | $1.05B | $1.26B | $1.33B | $1.45B |
NETSTREIT Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $12.7M | $31.5M | $50.6M | $80.2M | $90.2M | $109.5M |
| Cash From Investing | -$362.1M | -$430.1M | -$468.4M | -$452.0M | -$432.9M | -$448.8M |
| Cash From Financing | $272.7M | $313.6M | $480.7M | $331.2M | $327.1M | $339.5M |
Figures from NETSTREIT's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full NETSTREIT financials page for every line item.
NETSTREIT Company Profile
| Ticker | NTST |
|---|---|
| Exchange | NYSE |
| Industry | Real Estate Investment Trusts |
| Headquarters | Dallas, Texas |
| Incorporated in | Maryland |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001798100 |
Frequently Asked Questions
What was NETSTREIT's revenue in fiscal 2025?
NETSTREIT (NTST) reported revenue of $195.0M for fiscal 2025.
What is NETSTREIT's annual revenue history?
NETSTREIT's annual revenue by fiscal year: 2020: $33.7M; 2021: $59.1M; 2022: $96.3M; 2023: $131.9M; 2024: $162.8M; 2025: $195.0M.
What was NETSTREIT's net income in fiscal 2025?
NETSTREIT reported net income of $6.9M for fiscal 2025.
What was NETSTREIT's earnings per share (EPS) in fiscal 2025?
NETSTREIT's diluted EPS was $0.08 for fiscal 2025 (adjusted for any later stock splits).
What was NETSTREIT's revenue last quarter?
In its most recent reported quarter (2026 Q2), NETSTREIT reported revenue of $61.3M.
How much debt does NETSTREIT have?
NETSTREIT reported $1.10B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of NETSTREIT are outstanding?
NETSTREIT reported a weighted average of 97.4 million basic shares outstanding in 2026 Q2.
What is NETSTREIT's market cap?
Based on its latest closing price, NETSTREIT (NTST) has a market capitalization of about $1.79B.
When does NETSTREIT's fiscal year end?
NETSTREIT's fiscal year end, as registered with the SEC, is December 31.
Where is NETSTREIT headquartered?
NETSTREIT lists its business address in Dallas, Texas in its SEC filings.