---
schema_version: "secwatch.filing_event.v1"
accession: "0001424182-26-000061"
form_type: "8-K"
ticker: "BNL"
cik: "0001424182"
company_name: "Broadstone Net Lease, Inc."
filed_at: "2026-07-29T20:29:36+00:00"
generated_at: "2026-07-29T20:32:01.322429+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Broadstone Net Lease Q2 net income up 110%; announces $303M build-to-suit for Fortune 20 tenant; raises AFFO guidance

## Summary
- Net income $40.3M ($0.21 diluted EPS), up 110% YoY; AFFO $78.2M ($0.39/share), up 2.6% YoY.
- Subsequent to quarter-end, started $303M build-to-suit development for Fortune 20 investment-grade tenant; year-one cash yield ~8.5%, straight-line yield ~11.6%.
- Raised full-year 2026 AFFO per share guidance midpoint to $1.56 (range $1.55-$1.57); investment guidance raised to $600-$800M.
- Entered new $300M term loan maturing 2030; amended pricing grids to reduce margin by 5 bps; sold 2.2M shares forward at $20.77 for $45.5M gross proceeds.
- Quarterly dividend unchanged at $0.2925 per share; same-store rental revenue growth 2.2%; portfolio 100% leased with 9.3-year WALT.

## SEC filing metadata
- accession: 0001424182-26-000061
- form_type: 8-K
- ticker: BNL
- cik: 0001424182
- company_name: Broadstone Net Lease, Inc.
- filed_at: 2026-07-29T20:29:36+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1424182/000142418226000061/0001424182-26-000061-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1424182/000142418226000061/bnl-20260729.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001424182-26-000061
- JSON: https://secwatch.observer/filing/0001424182-26-000061.json
- Plain text: https://secwatch.observer/filing/0001424182-26-000061.txt

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