---
schema_version: "secwatch.filing_event.v1"
accession: "0001479094-23-000009"
form_type: "8-K"
ticker: "STAG"
cik: "0001479094"
company_name: "STAG Industrial, Inc."
filed_at: "2023-04-26T23:59:59+00:00"
generated_at: "2026-06-16T12:36:21.226661+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# STAG Industrial Q1 net income $49.4M ($0.28/sh); Core FFO $0.55, up 3.8% YoY

## Summary
- Net income $49.4M ($0.28/sh) vs $52.8M ($0.30/sh) YoY; Core FFO $0.55/sh (+3.8%).
- Cash NOI $132.6M (+7.8%); Same-Store Cash NOI $122.7M (+5.9%).
- Operating portfolio occupancy 98.1%; cash rent change on new leases 25.3%, straight-line 35.3%.
- Sold two buildings for $37.2M; paid off $100M fixed-rate senior unsecured note.
- Appointed Steven T. Kimball as EVP – Real Estate Operations.

## SEC filing metadata
- accession: 0001479094-23-000009
- form_type: 8-K
- ticker: STAG
- cik: 0001479094
- company_name: STAG Industrial, Inc.
- filed_at: 2023-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1479094/000147909423000009/0001479094-23-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1479094/000147909423000009/stag-20230426.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001479094-23-000009
- JSON: https://secwatch.observer/filing/0001479094-23-000009.json
- Plain text: https://secwatch.observer/filing/0001479094-23-000009.txt

## Key facts
- Earnings Releases
  STAG Industrial, Inc. reported first quarter of 2023 results: net income $49.4 million of net income attributable to common stockholders, EPS $0.28 of net income per basic and diluted common share.
  - Period: first quarter of 2023
  - Net income: $49.4 million of net income attributable to common stockholders
  - EPS: $0.28 of net income per basic and diluted common share
  - Result: reported results
  source text: Reported $0.28 of net income per basic and diluted common share for the first quarter of 2023, compared to $0.30 of net income per basic and diluted common share for the first quarter of 2022. Reported $49.4 million of net income attributable to common stockholders for the first quarter of 2023, compared to net income attributable to common stockholders of $52.8 million for the first quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1479094/000147909423000009/0001479094-23-000009-index.htm

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