---
schema_version: "secwatch.filing_event.v1"
accession: "0001798100-23-000006"
form_type: "8-K"
ticker: "NTST"
cik: "0001798100"
company_name: "NETSTREIT Corp."
filed_at: "2023-02-23T23:59:59+00:00"
generated_at: "2026-06-19T03:09:18.214590+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# NETSTREIT Q4 AFFO $0.29/share, full-year AFFO $1.16; guides 2023 AFFO $1.17-$1.23

## Summary
- Q4 net income $0.05/diluted share (flat YoY); AFFO $0.29/diluted share vs $0.27 prior year.
- Full-year 2022 AFFO $1.16/diluted share; net investments $480.2M at 6.6% initial cap rate.
- Portfolio 100% occupied; 62.9% investment-grade tenants; weighted-average lease term 9.5 years.
- 2023 AFFO guidance $1.17-$1.23/share; expects at least $400M net investments.
- Quarterly dividend declared $0.20/share, payable March 30, 2023; net debt/EBITDA 3.4x (pro forma).

## SEC filing metadata
- accession: 0001798100-23-000006
- form_type: 8-K
- ticker: NTST
- cik: 0001798100
- company_name: NETSTREIT Corp.
- filed_at: 2023-02-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1798100/000179810023000006/0001798100-23-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1798100/000179810023000006/ntst-20230223.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001798100-23-000006
- JSON: https://secwatch.observer/filing/0001798100-23-000006.json
- Plain text: https://secwatch.observer/filing/0001798100-23-000006.txt

## Key facts
- Earnings Releases
  NETSTREIT Corp. reported the full year ended December 31, 2022 results: net income $0.16 per diluted share, EPS $0.16 per diluted share.
  - Period: the full year ended December 31, 2022
  - Net income: $0.16 per diluted share
  - EPS: $0.16 per diluted share
  - Result: reported results
  source text: Net Income of $0.16 and AFFO of $1.16 per diluted share for the Full Year 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1798100/000179810023000006/0001798100-23-000006-index.htm
- Earnings Releases
  NETSTREIT Corp. updated its full year 2023 guidance (initiated).
  - Period: full year 2023
  - Guidance: initiated
  - Result: guidance update
  source text: Provides Full Year 2023 AFFO Guidance of $1.17 to $1.23 AFFO per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1798100/000179810023000006/0001798100-23-000006-index.htm
- Earnings Releases
  NETSTREIT Corp. reported the fourth quarter ended December 31, 2022 results: net income $0.05 per diluted share, EPS $0.05 per diluted share.
  - Period: the fourth quarter ended December 31, 2022
  - Net income: $0.05 per diluted share
  - EPS: $0.05 per diluted share
  - Result: reported results
  source text: Reports Net Income of $0.05 and Adjusted Funds from Operations ("AFFO") of $0.29 per diluted share for the Fourth Quarter
  evidence_url: https://www.sec.gov/Archives/edgar/data/1798100/000179810023000006/0001798100-23-000006-index.htm

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