Every material Form 8-K Realty Income filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Realty Income's Compensation and Talent Committee adopted the 2026 Promote Award Plan on November 3, 2026. The plan lets employees, including named executive officers, earn bonuses tied to incentive allocations from certain investment funds and joint ventures the company manages, with bonus pools capped at 40% of each allocation. The filing gives no dollar amounts for awards, so shareholder cost cannot be sized from this document.
Plan adopted November 3, 2026 by the Compensation and Talent Committee
Bonus pools may not exceed 40% of the incentive allocation for each measurement period
Executive bonuses paid in stock-based awards; 50% vests at grant and 50% after one year, unless the Committee decides otherwise
Filing includes the plan and form of RSU award agreement as Exhibits 10.1 and 10.2
Realty Income reported third-quarter 2026 net income available to common stockholders of $403.9 million, or $0.43 per share, alongside an increase in Adjusted Funds from Operations to $1.12 per share. Driven by strong operating performance and robust investment activity, the company raised its full-year 2026 AFFO per share guidance to $4.45 to $4.46.
Net income available to common stockholders reached $403.9 million, or $0.43 per share, for the third quarter ended September 30, 2026.
Adjusted Funds from Operations rose 3.7% to $1.12 per share compared to the third quarter of 2025.
The company invested $2.6 billion during the quarter at an initial weighted average cash yield of 6.8%.
Full-year 2026 AFFO per share guidance was raised to a range of $4.45 to $4.46.
Realty Income reported higher second-quarter 2026 results, with net income available to common stockholders of $344.0 million, or $0.37 per share, up from $196.9 million, or $0.22 per share, a year earlier. The company raised its 2026 AFFO per share guidance to $4.44-$4.45 from $4.41-$4.44, while narrowing its net income per share guidance to $1.59-$1.60 from $1.60-$1.63.
Q2 2026 total revenue was $1,547.7 million, up from $1,410.4 million a year earlier.
AFFO per share rose 3.8% to $1.09 for the three months ended June 30, 2026, compared with $1.05 a year earlier.
2026 AFFO per share guidance was raised to $4.44-$4.45; net income per share guidance was lowered to $1.59-$1.60 from $1.60-$1.63.
Monthly dividends paid per share rose 0.7% to $0.812 in the quarter, the 115th consecutive quarterly dividend increase.
On July 10, 2026, Realty Income entered a Fifth Amended and Restated Credit Agreement that raises its unsecured multicurrency revolving credit capacity to $5.5 billion from $4.0 billion, and adds UK and Netherlands subsidiaries as joint borrowers. The company also doubled the maximum outstanding amounts under its U.S. and euro commercial paper programs to $2.75 billion each from $1.50 billion each. The filing says the larger capacity and lower borrowing costs add financial flexibility for shareholders, though the company will carry more borrowing capacity.
Revolving credit capacity rises to $5.5 billion from $4.0 billion, with an accordion feature that can increase it to $6.5 billion subject to lender commitments.
Two $2.75 billion tranches initially mature on April 29, 2029 and July 10, 2030, each with two six-month extension options.
Maximum outstanding commercial paper is $2.75 billion under each of the U.S. and euro programs, up from $1.50 billion each.
The press release cites all-in drawn pricing of 80 basis points over SOFR, a reduction of 5.0 basis points from the prior facilities.
Realty Income reported first-quarter 2026 total revenue of $1,548.7 million, up from $1,380.5 million a year earlier, and net income available to common stockholders of $311.8 million, or $0.33 per share, versus $0.28 per share. The company raised its 2026 AFFO per share guidance to $4.41 to $4.44 and its investment volume guidance to $9.5 billion, but lowered its 2026 net income per share guidance to $1.60 to $1.63.
Total revenue was $1,548.7 million for the three months ended March 31, 2026, compared with $1,380.5 million a year earlier.
AFFO per share was $1.13, up 6.6% from the prior-year period; net income per share was $0.33, compared with $0.28.
2026 AFFO per share guidance was raised to $4.41 to $4.44 from $4.38 to $4.42, and investment volume guidance was raised to $9.5 billion from $8.0 billion.
2026 net income per share guidance was lowered to $1.60 to $1.63 from $1.65 to $1.69.
Realty Income said its Executive Vice President, Chief Legal Officer, General Counsel and Secretary, Michelle Bushore, is leaving the company. She will remain in the role through September 2, 2026 while the company searches for a new Chief Legal Officer, and the filing says her separation will be treated as a Qualifying Termination under the company's Executive Severance Plan.
Michelle Bushore will continue as Executive Vice President, Chief Legal Officer, General Counsel and Secretary through September 2, 2026 (the Transition Period).
Under a Transition Agreement dated February 26, 2026, she will receive a retention grant of restricted shares valued at $512,663, set by the February 26, 2026 closing share price.
The retention grant vests on completion of the Transition Period, subject to a general release of claims and fulfillment of job duties; the full Transition Agreement will be filed with the Form 10-Q for the quarter ending March 31, 2026.
Realty Income reported fourth-quarter 2025 net income available to common stockholders of $296.1 million, or $0.32 per share, up from $199.6 million, or $0.23 per share, a year earlier, on total revenue of $1,487.9 million versus $1,340.3 million. The company also introduced 2026 AFFO per share guidance of $4.38 to $4.42, compared with full-year 2025 AFFO of $4.28 per share.
Q4 2025 net income per share was $0.32, compared with $0.23 in Q4 2024; AFFO per share was $1.08, compared with $1.05
Full-year 2025 AFFO per share was $4.28, compared with $4.19 in 2024
2026 guidance: net income per share of $1.65 to $1.69 and AFFO per share of $4.38 to $4.42; initial investment volume of approximately $8.0 billion
Occupancy was 98.9% at December 31, 2025, compared with 98.7% at September 30, 2025
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.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Realty Income filing is on SEC EDGAR ↗. 8-K briefs of other companies →