STAG Industrial Q1 net income falls 32% to $62.0 million; Core FFO up 6.6%
STAG Industrial reported first quarter 2026 results. Net income attributable to common stockholders fell 32.2% to $62.0 million, or $0.32 per share, from $91.3 million, or $0.49 per share, a year earlier, while total revenue rose to $224.2 million from $205.6 million and Core FFO per diluted share rose 6.6% to $0.65. The company also declared a $0.3875 per share dividend for the second quarter of 2026.
Key points
- Net income attributable to common stockholders: $62.0 million ($0.32 per share), down from $91.3 million ($0.49 per share) in Q1 2025
- Core FFO per diluted share: $0.65, up 6.6% from $0.61; Same Store Cash NOI rose 4.1% to $159.3 million
- Total revenue: $224.2 million, up from $205.6 million; gain on sales of rental property was $15.1 million versus $49.9 million a year earlier
- Board declared a $0.3875 per share dividend for Q2 2026, payable July 15, 2026, to holders of record as of June 30, 2026
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 April 28, 2026.
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.