Financials in USD. Standardized financial statements.
A compact view of how NETSTREIT Corp. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue? | $195.01M | $162.78M | $131.91M | $96.28M | $59.14M | $33.73M | $20.32M | $23.83M |
| Revenue Growth? | +19.8% | +23.4% | +37.0% | +62.8% | +75.3% | +66.0% | -14.7% | 0.0% |
| Cost of Revenue? | $19.43M | $17.78M | $16.87M | $12.53M | $6.50M | $5.74M | $1.70M | $1.73M |
| Gross Profit? | $175.58M | $145.00M | $115.04M | $83.75M | $52.64M | $27.99M | $18.62M | $22.10M |
| Gross Margin? | +90.0% | +89.1% | +87.2% | +87.0% | +89.0% | +83.0% | +91.6% | +92.7% |
| Operating Expenses? | $108.10M | $96.59M | $83.85M | $69.13M | $45.62M | $31.16M | $18.74M | $22.10M |
| Operating Income? | $67.48M | $48.41M | $31.18M | $14.62M | $7.02M | -$3.17M | -$125,000 | $0 |
| EBITDA? | $154.86M | $126.50M | $96.26M | $64.41M | $37.53M | $15.85M | $15.01M | $18.30M |
| Income Before Tax | $6.99M | -$11.95M | $6.84M | $8.60M | $3.21M | $212,000 | -$8.03M | -$20.30M |
| Income Tax Expense | $54,000 | $49,000 | -$49,000 | $396,000 | $59,000 | $0 | $0 | $0 |
| Net Income? | $6.90M | -$11.94M | $6.84M | $8.12M | $3.05M | $730,000 | -$8.04M | -$20.30M |
| EPS? | $0.08 | $-0.16 | $0.11 | $0.16 | $0.08 | $0.04 | $-0.84 | $-0.84 |
| Diluted EPS? | $0.08 | $-0.16 | $0.11 | $0.16 | $0.08 | $0.01 | $-0.84 | $-0.84 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality