NTST
Netstreit Corp
NYSE: NTST · REAL ESTATE · REIT - RETAIL
$20.57
-0.19% today
Updated 2026-04-29
Market cap
$2.01B
P/E ratio
171.42
P/S ratio
9.75x
EPS (TTM)
$0.12
Dividend yield
4.17%
52W range
$15 – $21
Volume
1.3M
Netstreit Corp (NTST) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $24.68M | $20.37M | $33.22M | $58.35M | $96.28M | $131.91M | $162.78M | $195.01M |
| Revenue growth (YoY) | — | -17.5% | +63.1% | +75.6% | +65.0% | +37.0% | +23.4% | +19.8% |
| Cost of revenue | $2.58M | $1.68M | $2.06M | $5.02M | $12.53M | $16.87M | $17.78M | $19.43M |
| Gross profit | $22.10M | $18.69M | $31.16M | $53.34M | $83.75M | $115.04M | $145.00M | $175.58M |
| Gross margin | 89.6% | 91.8% | 93.8% | 91.4% | 87.0% | 87.2% | 89.1% | 90.0% |
| R&D | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| SG&A | $3.79M | $3.56M | $11.34M | $14.81M | $19.05M | $20.18M | $19.72M | $21.72M |
| Operating income | $5.42M | $4.71M | $16.65M | $7.72M | $14.62M | $31.18M | $48.41M | $67.48M |
| Operating margin | 22.0% | 23.1% | 50.1% | 13.2% | 15.2% | 23.6% | 29.7% | 34.6% |
| EBITDA | $18.30M | $13.06M | $20.41M | $37.31M | $64.41M | $96.26M | $126.50M | $154.86M |
| EBITDA margin | 74.2% | 64.1% | 61.4% | 63.9% | 66.9% | 73.0% | 77.7% | 79.4% |
| EBIT | $5.42M | $2.64M | $4.95M | $6.51M | $14.62M | $31.18M | $48.41M | $67.48M |
| Interest expense | $11.00M | $10.71M | $4.74M | $3.30M | $12.32M | $35.61M | $48.46M | $57.33M |
| Income tax | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-20.30M | $-8.07M | $730000.00 | $3.05M | $8.12M | $6.84M | $-11.94M | $6.90M |
| Net income growth (YoY) | — | +60.2% | +109.0% | +317.3% | +166.5% | -15.8% | -274.6% | +157.8% |
| Profit margin | -82.3% | -39.6% | 2.2% | 5.2% | 8.4% | 5.2% | -7.3% | 3.5% |