---
schema_version: "secwatch.filing_event.v1"
accession: "0001424182-26-000034"
form_type: "8-K"
ticker: "BNL"
cik: "0001424182"
company_name: "Broadstone Net Lease, Inc."
filed_at: "2026-04-29T23:59:59+00:00"
generated_at: "2026-05-15T01:40:38.986598+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Broadstone Net Lease Q1 AFFO $0.38/share, up 5.6% YoY; net income $46.4M

## Summary
- Net income $46.4M ($0.24 diluted EPS) vs $17.5M in prior-year quarter; AFFO $76.9M ($0.38/share) vs $71.8M.
- Same-store rental revenue growth of 2.8%; collected 100% of base rents; G&A $10.3M (core $7.8M).
- Invested $171.9M in Q1: $61.2M acquisitions, $99.4M build-to-suit; added $30M committed pipeline.
- FY2026 AFFO guidance maintained at $1.53-$1.57 per share; quarterly dividend $0.2925 payable July 15.
- Post-quarter: commenced $30.4M Tesla build-to-suit in Austin, TX; sold three properties for $54.8M.

## SEC filing metadata
- accession: 0001424182-26-000034
- form_type: 8-K
- ticker: BNL
- cik: 0001424182
- company_name: Broadstone Net Lease, Inc.
- filed_at: 2026-04-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1424182/000142418226000034/0001424182-26-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1424182/000142418226000034/bnl-20260429.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001424182-26-000034
- JSON: https://secwatch.observer/filing/0001424182-26-000034.json
- Plain text: https://secwatch.observer/filing/0001424182-26-000034.txt

## Key facts
- Earnings Releases
  Broadstone Net Lease, Inc. reported the quarter ended March 31, 2026 results: revenue $ 121,401, net income $ 46,392, EPS $ 0.24.
  - Period: the quarter ended March 31, 2026
  - Revenue: $ 121,401
  - Net income: $ 46,392
  - EPS: $ 0.24
  - Result: reported results
  source text: of $0.2925 per share. SUMMARIZED FINANCIAL RESULTS For the Three Months Ended (in thousands, except per share data) March 31, 2026 December 31, 2025 March 31, 2025 Revenues $ 121,401 $ 118,295 $ 108,690 Net income, including non-controlling interests $ 46,392 $ 35,028 $ 17,493 Net earnings per share – diluted $ 0.24 $ 0.17 $ 0.09 FFO $ 80,697 $ 73,010 $ 72,627
  evidence_url: https://www.sec.gov/Archives/edgar/data/1424182/000142418226000034/0001424182-26-000034-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.