Global Net Lease, Inc.
For the period ended Nov 4, 2026. Filed Nov 4, 2026.
View on SEC.govAbout this filing
A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
Nov 4, 2026 · Filed Nov 4, 2026
Use the contents to explore the available documents and sections.
Contents
EX-99.2 · (Amounts in thousands, except per share data)
(Amounts in thousands, except per share data)
| Three Months Ended | ||||
|---|---|---|---|---|
| September 30,2026 | June 30,2026 | March 31,2026 | December 31,2025 | |
| Net (loss) income attributable to common stockholders (in accordance with GAAP) | $(67,129) | $(7,450) | $(16,014) | $37,245 |
| Impairment charges | 58,188 | 3,695 | 11,115 | 31,972 |
| Depreciation and amortization | 43,557 | 41,512 | 41,612 | 44,439 |
| Loss (gain) on dispositions of real estate investments | 1,614 | (23,250) | (7,879) | (100,625) |
| Discontinued operations FFO adjustments | (2,226) | (573) | (748) | 71 |
| Proportionate share of adjustments for noncontrolling interest to arrive at FFO | (1,222) | — | — | — |
| FFO (as defined by NAREIT) attributable to common stockholders | 32,782 | 13,934 | 28,086 | 13,102 |
| Merger, transaction and other costs | 5,334 | 6,561 | 4,387 | 1,458 |
| Loss on extinguishment and modification of debt | 206 | 11,911 | 1,707 | 2,335 |
| Discontinued operations Core FFO adjustments | — | — | — | 2 |
| Proportionate share of adjustments for noncontrolling interest to arrive at Core FFO | (67) | — | — | — |
| Core FFO attributable to common stockholders | 38,255 | 32,406 | 34,180 | 16,897 |
| Non-cash equity-based compensation | 3,820 | 3,942 | 4,042 | 3,024 |
| Non-cash portion of interest expense | 2,283 | 2,271 | 2,260 | 1,961 |
| Amortization related to above and below-market lease intangibles and right-of-use assets, net | 1,123 | 1,088 | 1,106 | 1,088 |
| Straight-line rent | (1,082) | 378 | (680) | (777) |
| Unrealized (gains) losses on undesignated foreign currency advances and other hedge ineffectiveness | (2,560) | (1,816) | — | — |
| Eliminate unrealized gains on foreign currency transactions [1] | (654) | (59) | (3,517) | (792) |
| Amortization of discounts on mortgages and senior notes | 7,758 | 8,685 | 9,041 | 8,833 |
| Eliminate deferred tax expense related to the disposition of the McLaren Campus [2] | — | — | — | 12,741 |
| Eliminate (gains) losses related to multi-tenant disposition receivable [3] | (208) | (1,039) | (2,536) | 5,541 |
| Forfeited disposition deposit [4] | (300) | (154) | — | — |
| Proportionate share of adjustments for noncontrolling interest to arrive at AFFO | (123) | — | — | — |
| Adjusted funds from operations (AFFO) attributable to common stockholders | $48,312 | $45,702 | $43,896 | $48,516 |
| Weighted average common shares outstanding — Basic and Diluted | 221,133 | 211,339 | 214,040 | 219,056 |
| Net (loss) income per share attributable to common stockholders | $(0.31) | $(0.04) | $(0.08) | $0.16 |
| FFO per diluted common share | $0.15 | $0.07 | $0.13 | $0.06 |
| Core FFO per diluted common share | $0.17 | $0.15 | $0.16 | $0.08 |
| AFFO per diluted common share | $0.22 | $0.22 | $0.21 | $0.22 |
| Dividends declared to common stockholders | $40,435 | $40,640 | $41,159 | $42,055 |
[1]For AFFO purposes, we adjust for unrealized gains and losses. For the three months ended September 30, 2026, the gain on derivative instruments was $0.3 million, which consisted of unrealized gains of $0.7 million and realized losses of $0.4 million. For the three months ended June 30, 2026, the loss on derivative instruments was $0.3 million, which consisted of unrealized gains of $0.1 million and realized losses of $0.4 million. For the three months ended March 31, 2026, the gain on derivative instruments was $3.1 million, which consisted of unrealized gains of $3.5 million and realized losses of $0.4 million. For the three months ended December 31, 2025, the loss on derivative instruments was $0.3 million, which consisted of unrealized gains of $0.8 million and realized losses of $1.1 million.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.