Realty Income Corporation (O) income statement
NYSE · Real Estate · REIT - Retail · 544 employees · CEO Sumit Roy
- Price
- $58.84
- Market cap
- $55.9B
- Enterprise value
- $87B Data as of 2026-11-14
- Last report
- Q3 '26 filed 2026-11-03
- Next report
- 2027-02-23 EPS est. $0.43
Realty Income Corporation (O) reported revenue of $1.62B for Q3 '26 (+10.3% year on year), operating income of $669M (41.2% of revenue) and net income of $404M. Over the last four quarters revenue was $6.09B.
Income statement
| Income statement | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.08B | $1.26B | $1.34B | $1.33B | $1.34B | $1.38B | $1.41B | $1.47B | $1.49B | $1.55B | $1.43B | $1.62B | |
| Cost of revenue | $81.9M | $89.4M | $99.9M | $92.2M | $96.3M | $107M | $107M | $107M | $266M | $1.38B | $112M | $122M | |
| Gross profit | $994M | $1.17B | $1.24B | $1.24B | $1.24B | $1.27B | $1.3B | $1.36B | $1.22B | $171M | $1.31B | $1.5B | |
| General & administrative | $38M | $40.8M | $45.1M | $41.9M | $49.1M | $44M | $49.3M | $42M | $118M | $58.9M | $57.6M | $54.3M | |
| Other operating expenses | $476M | $581M | $615M | $602M | $607M | $609M | $649M | $648M | $1.38B | -$613M | $652M | $776M | |
| Operating expenses | $514M | $622M | $660M | $644M | $656M | $653M | $698M | $690M | $1.49B | -$554M | $710M | $830M | |
| Operating income | $481M | $549M | $580M | $595M | $588M | $621M | $605M | $674M | -$273M | $726M | $605M | $669M | |
| Interest income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $121M | $0 | |
| Interest expense | $210M | $242M | $249M | $262M | $271M | $270M | $286M | $296M | $290M | $285M | $314M | $334M | |
| Other non-operating income (gains on investments, FX ...) | $25.2M | $160M | $61.6M | $53.2M | $104M | $90.7M | $105M | $333M | -$519M | $86.6M | -$94.3M | -$121M | |
| Total non-operating income | -$245M | -$400M | -$303M | -$308M | -$367M | -$354M | -$382M | -$333M | $519M | -$379M | -$209M | -$213M | |
| Income before tax | $236M | $149M | $277M | $286M | $221M | $267M | $223M | $341M | $247M | $347M | $396M | $456M | |
| Income tax | $15.8M | $15.5M | $15.6M | $15.4M | $20.1M | $15.7M | $24.1M | $23.8M | -$43.5M | $26.2M | $25.8M | $23.6M | |
| Net income | $218M | $132M | $259M | $269M | $200M | $250M | $197M | $316M | $296M | $312M | $397M | $404M | |
| EPS (basic) | $0.30 | $0.16 | $0.30 | $0.30 | $0.23 | $0.28 | $0.22 | $0.35 | $0.32 | $0.33 | $0.37 | $0.43 | |
| EPS (diluted) | $0.30 | $0.16 | $0.29 | $0.30 | $0.23 | $0.28 | $0.22 | $0.35 | $0.32 | $0.33 | $0.37 | $0.43 | |
| Shares (basic, weighted) | 725M | 835M | 870M | 871M | 876M | 892M | 903M | 914M | 905M | 905M | 932M | 944M | |
| Shares (diluted, weighted) | 727M | 835M | 871M | 872M | 880M | 892M | 904M | 915M | 905M | 905M | 935M | 949M | |
| Depreciation & amortization | $476M | $581M | $606M | $602M | $607M | $609M | $648M | $632M | $635M | $630M | $645M | $648M | |
| EBITDA | $931M | $970M | $1.12B | $1.14B | $1.09B | $1.14B | $1.15B | $973M | $882M | $1.27B | $1.34B | $1.44B |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.1B | $1.22B | $1.33B | $1.49B | $1.65B | $2.08B | $3.34B | $4.08B | $5.27B | $5.75B | |
| Cost of revenue | $62.9M | $69.5M | $66.3M | $88.6M | $105M | $134M | $226M | $317M | $378M | $586M | |
| Gross profit | $1.04B | $1.15B | $1.26B | $1.4B | $1.54B | $1.95B | $3.12B | $3.76B | $4.89B | $5.16B | |
| General & administrative | $52M | $58.4M | $84.1M | $66.5M | $73.2M | $97M | $138M | $145M | $177M | $253M | |
| Other operating expenses | $450M | $499M | $540M | $594M | $677M | $898M | $1.67B | $1.9B | $2.4B | $3.28B | |
| Operating expenses | $502M | $557M | $624M | $660M | $750M | $995M | $1.81B | $2.04B | $2.57B | $3.54B | |
| Operating income | $538M | $589M | $638M | $739M | $792M | $952M | $1.31B | $1.72B | $2.32B | $1.63B | |
| Interest expense | $0 | $0 | $0 | $0 | $305M | $321M | $465M | $738M | $1.02B | $1.14B | |
| Other non-operating income (gains on investments, FX ...) | $7.22M | $0 | $10.4M | $18.1M | $87.3M | $560M | $391M | $14.3M | $389M | $548M | |
| Total non-operating income | -$219M | -$264M | -$268M | -$295M | -$381M | -$560M | -$391M | -$793M | -$1.39B | -$548M | |
| Income before tax | $320M | $325M | $370M | $444M | $411M | $392M | $918M | $929M | $934M | $1.08B | |
| Income tax | $3.26M | $6.04M | $5.34M | $6.16M | $14.7M | $31.7M | $45.2M | $52M | $66.6M | $20M | |
| Net income | $316M | $319M | $364M | $436M | $395M | $359M | $869M | $872M | $861M | $1.06B | |
| EPS (basic) | $1.13 | $1.10 | $1.26 | $1.38 | $1.15 | $0.87 | $1.42 | $1.26 | $0.98 | $1.17 | |
| EPS (diluted) | $1.13 | $1.10 | $1.26 | $1.38 | $1.14 | $0.87 | $1.42 | $1.26 | $0.98 | $1.17 | |
| Shares (basic, weighted) | 255M | 273M | 289M | 316M | 344M | 415M | 612M | 692M | 873M | 905M | |
| Shares (diluted, weighted) | 256M | 274M | 290M | 316M | 345M | 415M | 612M | 693M | 877M | 905M | |
| Depreciation & amortization | $450M | $499M | $540M | $594M | $677M | $898M | $1.67B | $1.9B | $2.4B | $2.52B | |
| EBITDA | $981M | $1.09B | $1.17B | $1.31B | $1.38B | $1.29B | $2.59B | $3.6B | $4.33B | $3.6B |
Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
Data as of 2026-11-14