secwatch.observer — SEC 8-K summary
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Issuer:     Global Net Lease, Inc. (GNL)
CIK:        0001526113
Form:       8-K
Filed at:   2026-08-05T20:17:59+00:00
Accession:  0001628280-26-053386
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GNL Q2 AFFO $0.22/share; raises FY AFFO guidance to $0.82-$0.85; Modiv acquisition expected mid-Aug
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- Q2 revenue $112.5M (down from $124.9M YoY); net loss $7.5M vs $35.1M loss in Q2 2025.
- AFFO per share $0.22; full-year AFFO guidance raised to $0.82-$0.85 from $0.80-$0.84.
- Modiv Industrial acquisition expected to close mid-Aug 2026, 4% accretive to AFFO per share.
- Net debt to Adjusted EBITDA improved to 6.6x from 7.2x in Q1 2026; liquidity increased to $919M.
- Repurchased 20.9M shares at $8.11 avg for $169.7M; office dispositions 78% of $263M pipeline.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1526113/000162828026053386/0001628280-26-053386-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1526113/000162828026053386/gnl-20260805.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-053386

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer