STAG Industrial Q2 Core FFO rises 3.3% to $0.63 a share; GAAP net income falls 16.4%
STAG Industrial reported second-quarter 2025 results on July 29, 2025. Core FFO per diluted share rose 3.3% to $0.63, and Cash NOI rose 8.9% to $161.7 million, but net income attributable to common stockholders fell 16.4% to $50.0 million, or $0.27 per share, as gains on property sales were lower than a year earlier.
Key points
- Core FFO per diluted share was $0.63 for the quarter, up from $0.61 in the second quarter of 2024.
- Net income attributable to common stockholders was $50.0 million, down from $59.7 million; per-share net income was $0.27 versus $0.33.
- Cash NOI rose 8.9% to $161.7 million, and total occupancy was 96.3% as of June 30, 2025.
- The company sold one building for $9.1 million and acquired one for $18.4 million in the quarter; a $550 million unsecured notes financing was funded on June 25, 2025.
The filing
Written by AI on Nov 8, 2026, 12:57 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 July 29, 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.