Broadstone Net Lease raises 2025 AFFO guidance as Q3 net income falls 26.3%
Broadstone Net Lease reported third-quarter 2025 revenue of $114.2 million, up from $108.4 million a year earlier, and AFFO of $74.3 million, or $0.37 per diluted share, up 5.7%. GAAP net income fell 26.3% to $27.1 million, or $0.14 per diluted share, and the company raised its full-year 2025 AFFO per share guidance, which matters to shareholders because the outlook improved while reported profit declined.
Key points
- Q3 2025 AFFO of $74.3 million, or $0.37 per diluted share, up 5.7% from the prior-year quarter.
- Q3 2025 net income of $27.1 million, or $0.14 per diluted share, down 26.3%, mainly from a $10.1 million rise in interest expense and a $5.9 million rise in impairment provisions.
- 2025 AFFO guidance raised to $1.49 to $1.50 per diluted share from $1.48 to $1.50.
- Quarterly dividend of $0.29 per share declared on October 23, 2025, payable on or before January 15, 2026.
The filing
Written by AI on Nov 8, 2026, 1:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 29, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.