Owns commercial properties leased to businesses under long-term net leases.
Dec 2025Revenue $926M/yrExpenses $337M/yr
No trend
Figures by year
Is NNN Reit profitable?
Yes. In the 12 months to Dec 2025, revenue was $926M and expenses $337M.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Dec 2025 | $926M | $337M | $589M |
| Dec 2024 | $869M | $291M | $578M |
| Dec 2023 | $828M | $273M | $555M |
| Dec 2022 | $773M | $291M | $483M |
| Dec 2021 | $726M | $277M | $449M |
| Dec 2020 | $661M | $286M | $374M |
| Dec 2019 | $670M | $254M | $417M |
| Dec 2018 | $623M | $198M | $425M |
| Dec 2017 | $585M | $211M | $374M |
| Dec 2016 | $534M | $197M | $336M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.