Broadstone Net Lease — Third Quarter 2026 Earnings Summary

Broadstone Net Lease, Inc. reported third-quarter 2026 net income of $28.1 million and Adjusted Funds From Operations (AFFO) of $77.8 million, representing a 5.4% year-over-year increase. The company invested $236.6 million during the quarter, including $63.8 million in new property acquisitions and $137.1 million in build-to-suit developments, while stabilizing six projects totaling $95.3 million. Capital markets activity included a $259.3 million public equity offering in August and the initiation of a new $300 million senior unsecured delayed-draw term loan. Management has raised its full-year 2026 AFFO per share guidance to a range of $1.55 to $1.57, reflecting increased investment and disposition expectations.