NETSTREIT Corp.
For the period ended Dec 31, 2025. Filed Feb 10, 2026.
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FY2025 · Filed Feb 10, 2026
NTST$18.91-0.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets as of December 31, 202 and
CONSOLIDATED BALANCE SHEETS
(In thousands, except share and per share data)
| December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Assets | ||
| Real estate, at cost: | ||
| Land | $772,417 | $571,272 |
| Buildings and improvements | 1,590,714 | 1,400,393 |
| Total real estate, at cost | 2,363,131 | 1,971,665 |
| Less accumulated depreciation | (188,858) | (143,422) |
| Property under development | 5,500 | 6,118 |
| Real estate held for investment, net | 2,179,773 | 1,834,361 |
| Assets held for sale | 40,976 | 48,637 |
| Mortgage loans receivable, net | 142,464 | 139,409 |
| Cash, cash equivalents, and restricted cash | 14,467 | 14,320 |
| Lease intangible assets, net | 173,440 | 164,392 |
| Other assets, net | 63,076 | 58,227 |
| Total assets | $2,614,196 | $2,259,346 |
| Liabilities and equity | ||
| Liabilities: | ||
| Term loans, net | $1,093,331 | $622,608 |
| Revolving credit facility | — | 239,000 |
| Mortgage note payable, net | 7,814 | 7,853 |
| Lease intangible liabilities, net | 16,910 | 20,177 |
| Liabilities related to assets held for sale | 1,016 | 1,912 |
| Accounts payable, accrued expenses, and other liabilities | 42,559 | 29,664 |
| Total liabilities | 1,161,630 | 921,214 |
| Commitments and contingencies (Note 13) | ||
| Equity: | ||
| Stockholders’ equity | ||
| Common stock, $0.01 par value, 400,000,000 shares authorized; 93,070,533 and 81,602,232 shares issued and outstanding as of December 31, 2025 and 2024, respectively | 931 | 816 |
| Additional paid-in capital | 1,701,572 | 1,507,995 |
| Distributions in excess of retained earnings | (251,926) | (188,046) |
| Accumulated other comprehensive (loss) income | (4,565) | 10,206 |
| Total stockholders’ equity | 1,446,012 | 1,330,971 |
| Noncontrolling interests | 6,554 | 7,161 |
| Total equity | 1,452,566 | 1,338,132 |
| Total liabilities and equity | $2,614,196 | $2,259,346 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.