Realty Income Corporation (O) Financials
Key financial figures for Realty Income Corporation (Q2 2026).
Realty Income grew Q2 2026 AFFO per share 3.8% YoY to $1.09 and raised full-year AFFO guidance to $4.44-$4.45 alongside a higher $10.0 billion investment volume target. AFFO per share of $1.09 in Q2 2026, up 3.8% year over year (5.2% YTD growth); total revenue of approximately $1.55 billion. Deployed approximately $2.6 billion in total investment volume ($2.1 billion pro rata) at a 7.3% initial weighted average cash yield, ahead of the prior full-year pace. Portfolio occupancy held at 98.8% (down slightly from 98.9% in Q1 2026); same-store rent growth was 1.2%. Net Debt to Annualized Pro Forma Adjusted EBITDAre rose to 5.4x from 5.2x at Q1 2026, alongside a EUR600 million senior notes issuance and an expanded $5.5 billion revolving credit facility. On the outlook: Full-year 2026 AFFO per share guidance raised to $4.44-$4.45 (from $4.41-$4.44); investment volume target raised to $10.0 billion (from $9.5 billion); lease termination income guidance held at $45-$50 million. Figures are for Q2 2026, as Realty Income Corporation reported them.
- Revenue
- $1.5B
- Net Income
- $371M
- EPS
- $0.37
- Total Assets
- $76.4B
- Operating Cash Flow
- $1.1B
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q2 FY2026 | $1.4B | $397M | $0.37 | 42.4% | -$813M |
| Q1 FY2026 | $1.5B | $312M | $0.33 | 46.86% | $848M |
| Q4 FY2025 | $1.5B | $296M | $0.32 | -18.32% | $1.2B |
| Q3 FY2025 | $1.5B | $316M | $0.35 | 45.84% | $943M |
| Q2 FY2025 | $1.4B | $197M | $0.22 | 42.87% | $1.1B |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $5.7B | $1.1B | $1.17 | 28.3% | $4.0B |
| FY2024 | $5.3B | $861M | $0.98 | 44.03% | $3.5B |
| FY2023 | $4.1B | $872M | $1.26 | 42.22% | $2.9B |
Frequently asked questions
What was Realty Income Corporation's revenue last quarter?
Realty Income Corporation reported revenue of $1.43 billion for Q2 FY2026, up 1.2% from the same period a year earlier.
Is Realty Income Corporation profitable?
Yes. Realty Income Corporation reported net income of $397.1 million for Q2 FY2026, a net margin of 27.82% on revenue.
How has Realty Income Corporation's margin trended?
Operating margin was 42.4% in Q2 FY2026, compared with 42.87% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Realty Income Corporation generate?
Realty Income Corporation generated free cash flow of -$812.8 million in Q2 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Realty Income Corporation on SentiSense, with up to forty quarters and twenty fiscal years of history.