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AI brief of an SEC Form 8-K · Four Corners Property Trust (FCPT)

FCPT Q1 2026 net income rose to $30.3 million; AFFO per share up 3.4% to $0.45

Positive Impact 3 of 5 earnings Written later

Four Corners Property Trust reported first-quarter 2026 results, with rental revenue up 10.0% to $69.8 million and net income attributable to common shareholders of $30.3 million, compared with $26.2 million a year earlier. Adjusted funds from operations (AFFO) per diluted share rose 3.4% to $0.45, and the company said 99.7% of contractual base rent for the quarter had been received. The company also entered a $200 million term loan on April 6, 2026, with $50 million drawn at close.

Key points

  • Rental revenue rose 10.0% year over year to $69.8 million for the quarter ended March 31, 2026.
  • Net income attributable to common shareholders was $30.3 million, or $0.28 per diluted share, versus $0.26 per diluted share a year earlier.
  • AFFO per diluted share was $0.45, up 3.4%; NAREIT-defined FFO per diluted share was $0.42, up 4.7%.
  • On April 6, 2026, the company entered a $200 million senior unsecured delayed draw term loan maturing April 6, 2033, with $50 million drawn at close.

The filing

CompanyFour Corners Property Trust (FCPT)
Form8-K, current report
Filed with the SECApr 29, 2026, 5:00 PM ET
Accession number0001193125-26-192152

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:56 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 April 29, 2026.

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.