GLPI Q1 2026 revenue rises 6.3% to $420.0 million; raises 2026 AFFO per share guidance
Gaming and Leisure Properties reported first-quarter 2026 total revenue of $420.0 million, up 6.3% from a year earlier, and net income of $239.4 million, or $0.82 per diluted share, compared with $0.60 a year earlier. The company raised its 2026 AFFO per share guidance to $4.08 to $4.12 from $4.06 to $4.11, which points to higher expected cash earnings for shareholders.
Key points
- Total revenue was $420.0 million for the three months ended March 31, 2026, versus $395.2 million a year earlier.
- Net income was $239.4 million, or $0.82 per diluted share, versus $170.4 million, or $0.60 per diluted share, a year earlier.
- 2026 AFFO guidance is now $1.212 billion to $1.223 billion, or $4.08 to $4.12 per diluted share and OP/LTIP units, up from $4.06 to $4.11.
- Financial leverage was 5.0x net debt to adjusted EBITDA as of March 31, 2026, the low end of the company's 5.0x to 5.5x target range.
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 April 24, 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.