---
schema_version: "secwatch.filing_event.v1"
accession: "0001476204-26-000003"
form_type: "8-K"
ticker: "PECO"
cik: "0001476204"
company_name: "Phillips Edison & Company, Inc."
filed_at: "2026-02-05T23:59:59+00:00"
generated_at: "2026-05-16T04:24:36.719218+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Phillips Edison Q4 Core FFO $0.66, FY 2025 Core FFO $2.60; same-center NOI +3.8%; guides 2026

## Summary
- Q4 net income $47.5M ($0.38 diluted) vs $18.1M a year ago; FY net income $111.3M ($0.89).
- FY Nareit FFO $353.1M ($2.54/share), +9.1% YoY; Core FFO $360.7M ($2.60), +8.7%.
- Same-center NOI grew 3.2% in Q4 and 3.8% FY to $454.7M; leased occupancy 97.3%, inline record 95.1%.
- Comparable new lease rent spreads 34.3% in Q4; renewal spreads 20.0%; portfolio comparable rent spread 24.5%.
- Acquired $356.9M wholly-owned in 2025; subsequent $77M in acquisitions including H-E-B anchored center.

## SEC filing metadata
- accession: 0001476204-26-000003
- form_type: 8-K
- ticker: PECO
- cik: 0001476204
- company_name: Phillips Edison & Company, Inc.
- filed_at: 2026-02-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1476204/000147620426000003/0001476204-26-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1476204/000147620426000003/cik0001476204-20260205.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001476204-26-000003
- JSON: https://secwatch.observer/filing/0001476204-26-000003.json
- Plain text: https://secwatch.observer/filing/0001476204-26-000003.txt

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