HighGravityData

Realty Income — Aug 5, 2026 release

Fiscal 2026 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000726728-26-000044
Open on SEC.gov ↗
Showing in the filing
Growth rate at the midpoint (AFFO per share)
“approximately 4%”
Period
FY2026
Measure
GAAP-tied
Source
Prose
All guidance in this release · 12
Growth rate at the midpoint (AFFO per share) for FY2026
“approximately 4%”
Net income per share (2) for FY2026
“$1.59 - $1.60”
Real estate depreciation per share for FY2026
“$2.66”
Other adjustments per share (3) for FY2026
“$0.19”
AFFO per share for FY2026
“$4.44 - $4.45”
Same store rent growth for FY2026
“1.1% - 1.3%”
Occupancy for FY2026
“Approx 98.5%”
Cash G&A expenses (% of total Gross Asset Va… for FY2026
“21 - 22 bps”
Property expenses (non-reimbursable) (% of t… for FY2026
“Approx 1.5%”
Income tax expenses for FY2026
“$100 - $110 million”
Investment volume (at 100%) for FY2026
“$10.0 billion”
Lease termination income for FY2026
“$45 - $50 million”
Exhibit 99.1 · the passage around this item
… earlier in the release
“As demonstrated by our recently announced $6 billion hyperscale data center joint venture and the continued expansion of our Realty Income Investment Management platform, we are leveraging our scale, relationships, and track record to access new sources of growth while maintaining the same disciplined underwriting standards that have defined Realty Income for decades.” “Supported by the resilience of our core portfolio and contributions from these complementary growth channels, we delivered another quarter of solid AFFO per share growth and invested approximately $2.6 billion, or $2.1 billion at our share, during the quarter. As a result, we are pleased to raise our 2026 AFFO per share guidance to $4.44 - $4.45, reflecting approximately 4% growth rate at the midpoint.” Select Financial Results The following summarizes our select financial results (dollars in millions, except per share data): Three months ended June 30, Six months ended June 30, 2026 2025 2026 2025 Total revenue $ 1,547.7 $ 1,410.4 $ 3,096.4 $ 2,790.9 Net income available to common stockholders (1) $ 344.0 $ 196.9 $ 655.7 $ 446.7 Net income per share $ 0.37 $ 0.22 $ 0.70 $ 0.50 Funds from operations available to common stockholders (FFO) (2) $ 996.6 $ 955.7 $ 1,990.2 $ 1,893.4 FFO per share $ 1.07 $ 1.06 $ 2.13 $ 2.11 Normalized funds from operations available to common stockholders (Normalized FFO) (2) $ 998.7 $ 956.1 $ 2,003.0 $ 1,894.0 Normalized FFO per share $ 1.07 $ 1.06 $ 2.14 $ 2.11 Adjusted funds from operations available to common stockholders (AFFO) (2) $ 1,022.1 $ 947.5 $ 2,079.7 $ 1,897.2 AFFO per share $ 1.09 $ 1.05 $ 2.22 $ 2.11 (1) The calculation to determine net income available to common stockholders includes provisions for impairment of real estate, provisions for credit losses on loans and financing receivables, gain on sales of real estate, and foreign currency gain and loss. These items can vary from quarter to quarter and can
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.