AI brief of an SEC Form 8-K · Global Net Lease (GNL)

Global Net Lease Q3 revenue falls to $112.9 million; raises AFFO guidance low end

Mixed Impact 4 of 5 earnings

Global Net Lease reported third quarter 2026 revenue of $112.9 million, down from $121.0 million a year earlier, and AFFO per share of $0.22, down from $0.24. The company raised the low end of its full-year 2026 AFFO per share guidance to $0.83 to $0.85 and reaffirmed its leverage guidance, while the net loss attributable to common stockholders narrowed to $67.1 million from $71.1 million.

Key points

  • Revenue from tenants was $112.9 million versus $121.0 million in third quarter 2025, which the company attributed mainly to asset dispositions.
  • AFFO was $48.3 million, or $0.22 per share, compared with $53.2 million, or $0.24 per share, a year earlier.
  • Full-year 2026 AFFO per share guidance is $0.83 to $0.85, up from $0.82 to $0.85 previously; net debt to adjusted EBITDA guidance of 6.5x to 6.9x was unchanged.
  • The $535 million Modiv Industrial acquisition closed on August 12, 2026, and the company repurchased 6.6 million shares for $58.5 million in the quarter.

The filing

CompanyGlobal Net Lease (GNL)
Form8-K, current report
Filed with the SECNov 4, 2026, 4:16 PM ET
Accession number0001628280-26-070168

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

Read the filing on SEC.gov ↗

Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.

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.