GLPI reports record Q4 revenue of $407.0 million, AFFO up 7.5% to $290.0 million
Gaming and Leisure Properties reported fourth-quarter 2025 revenue of $407.0 million, up from $389.6 million a year earlier, and net income of $275.4 million, up from $223.6 million. The company also set 2026 AFFO guidance of $1.207 billion to $1.222 billion, or $4.06 to $4.11 per diluted share, and declared a first-quarter dividend of $0.78 per share, which shareholders can use to judge the company's cash flow outlook.
Key points
- Q4 2025 revenue was $407.0 million versus $389.6 million in Q4 2024; diluted EPS was $0.94 versus $0.79.
- Q4 2025 AFFO was $290.0 million versus $269.7 million, and full-year 2025 AFFO was $1.120 billion.
- 2026 AFFO guidance is $1.207 billion to $1.222 billion, or $4.06 to $4.11 per diluted share and OP/LTIP unit.
- Board declared a first-quarter 2026 dividend of $0.78 per share, payable March 27, 2026 to holders of record on March 13, 2026.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:56 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 February 20, 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.