Broadstone Net Lease Q1 2026 AFFO rises 5.6%; 2026 AFFO guidance unchanged
Broadstone Net Lease reported first quarter 2026 results, with revenues of $121.4 million and net income of $46.4 million, or $0.24 per diluted share, compared with $17.5 million, or $0.09 per share, a year earlier. AFFO rose 5.6% year over year to $76.9 million, or $0.38 per diluted share, and the company kept its 2026 AFFO guidance of $1.53 to $1.57 per diluted share unchanged.
Key points
- Revenues were $121.4 million for the quarter ended March 31, 2026, up from $108.7 million in the same quarter of 2025.
- AFFO was $76.9 million, or $0.38 per diluted share, versus $71.8 million, or $0.36 per share, a year earlier.
- 2026 AFFO guidance of $1.53 to $1.57 per diluted share was unchanged.
- The company declared a quarterly dividend of $0.2925 per share, payable on or before July 15, 2026, to holders of record as of June 30, 2026.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:39 AM ET, from the text of the filing and its press-release exhibits 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 April 29, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.