NewLake reports Q4 AFFO $0.51, revenue $12.3M; FY AFFO $2.09, declares $0.43 dividend

NewLake Capital Partners, Inc.

Q4 2025 revenue $12.3M (-1.4% YoY); AFFO $10.6M ($0.51/share); payout ratio 85%.
Full year 2025 revenue $51.1M (+1.9% YoY); AFFO $43.8M ($2.09/share); net income $26.3M ($1.28 EPS).
Declared Q1 2026 dividend $0.43/share (annualized $1.72); payable Apr 15 to record Mar 31; AFFO payout 82% FY.
Cash $23.9M, liquidity $106.3M; debt 1.6% of total assets; no maturities until May 2027.
Acquired two Ohio dispensaries for $0.8M; like-kind exchange Mokena, IL for Brookville, PA; Hartford CT property for sale.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

NewLake Capital Partners, Inc. reported the fourth quarter and year ended December 31, 2025 results: revenue $12.3 Million, net income $6.0 Million.

Period: the fourth quarter and year ended December 31, 2025
Revenue: $12.3 Million
Net income: $6.0 Million
Result: reported results

Exact text from the filing

Partners Reports Fourth Quarter and Full-Year 2025 Financial Results; Declared First Quarter 2026 Common Stock Dividend of $0.43 per Share Fourth Quarter 2025 Revenue totaled $12.3 Million Full Year 2025 Revenue totaled $51.1 Million Fourth Quarter 2025 Net Income Attributable to Common Stockholders totaled $6.0 Million, Funds From Operations totaled $10.0 Million,

View on SEC.gov

Browse all earnings releases →

NewLake Capital Partners, Inc. filing history →

Source: SEC EDGAR

accession 0001854964-26-000003

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.