NETSTREIT Corp.
NETSTREIT Corp. (NTST) Financial Performance & Income Statement Overview
View comprehensive annual and quarterly summaries for NETSTREIT Corp. (NTST), featuring income statements, balance sheets, and cash flow data.
NETSTREIT Corp. (NTST) Income Statement & Financial Overview
Access detailed annual and quarterly income data for NETSTREIT Corp. NTST financial performance.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $45.91M | $40.70M | $37.82M | $36.58M |
| Cost of Revenue | $47000.00 | $4.55M | $4.14M | $3.69M |
| Gross Profit | $45.86M | $36.15M | $33.68M | $32.88M |
| Gross Profit Ratio | $1.00 | $0.89 | $0.89 | $0.90 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $5.17M | $4.46M | $4.29M | $5.27M |
| Operating Expenses | $34.51M | $24.80M | $24.73M | $23.81M |
| Total Costs & Expenses | $34.56M | $29.36M | $28.86M | $27.51M |
| Interest Income | $3.08M | $3.10M | $3.27M | $2.70M |
| Interest Expense | $10.50M | $9.23M | $8.77M | $8.40M |
| Depreciation & Amortization | $20.92M | $20.35M | $20.44M | $18.54M |
| EBITDA | $36.08M | $24.17M | $23.89M | $24.65M |
| EBITDA Ratio | $0.79 | $0.59 | $0.63 | $0.67 |
| Operating Income | $11.94M | $11.35M | $8.95M | $9.07M |
| Operating Income Ratio | $0.26 | $0.28 | $0.24 | $0.25 |
| Other Income/Expenses (Net) | -$10.22M | -$16.75M | -$14.27M | -$11.36M |
| Income Before Tax | $1.72M | -$5.41M | -$5.32M | -$2.29M |
| Income Before Tax Ratio | $0.04 | -$0.13 | -$0.14 | -$0.06 |
| Income Tax Expense | $16000.00 | $18000.00 | $2000.00 | $12000.00 |
| Net Income | $1.69M | -$5.40M | -$5.29M | -$2.29M |
| Net Income Ratio | $0.04 | -$0.13 | -$0.14 | -$0.06 |
| EPS | $0.02 | -$0.07 | -$0.07 | -$0.03 |
| Diluted EPS | $0.02 | -$0.07 | -$0.07 | -$0.03 |
| Weighted Avg Shares Outstanding | $81.64M | $76.52M | $77.61M | $73.59M |
| Weighted Avg Shares Outstanding (Diluted) | $82.13M | $76.52M | $77.61M | $73.59M |
Over the last four quarters, NETSTREIT Corp. achieved steady financial progress, growing revenue from $36.58M in Q2 2024 to $45.91M in Q1 2025. Gross profit stayed firm with margins at 100% in Q1 2025 versus 90% in Q2 2024. Operating income totaled $11.94M in Q1 2025, maintaining a 26% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at $36.08M. Net income rose to $1.69M, with EPS at $0.02. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.
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