Earnings Releases·Nov 2, 2026, 4:07 PM ET

Realty Income — Three and Nine Months Ended September 30, 2026 Earnings Summary

Revenue and net income grew year-over-year for both the three and nine months ended September 30, 2026, with AFFO per share increasing 3.7% to $1.12 for the quarter and $3.35 for the nine-month period.
The company raised its 2026 AFFO per share guidance to $4.45–$4.46 (from $4.44–$4.45) while reaffirming a $10.0 billion investment volume target and projecting 1.1%–1.3% same-store rent growth.
Strategic expansion included a joint venture with KKR to enter the European market with an initial €528.0 million investment, alongside $7.9 billion in total investments and $5.5 billion in real estate acquisitions for the nine-month period.
Capital management activities included the 116th consecutive quarterly dividend increase to an annualized rate of $3.258 per share, the issuance of $1.0 billion in convertible senior notes, and the upsizing of credit facilities to $5.5 billion.