GNLGlobal Net Lease, Inc.

$2B

Q2 2024 Earnings

Real Estate REIT - Diversified

Income Statement

Revenue

$145M+51.8% YoY

Gross Profit

$130M89.0% margin

Operating Income

$62M42.6% margin

Net Income

-$36M-24.5% margin

EPS (Diluted)

$-0.16

QoQ Revenue Growth

-1.6%

Cash Flow

Operating Cash Flow

$70M

Free Cash Flow

$60M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$7.6B

Total Liabilities

$5.2B

Stockholders' Equity

$2.4B

Cash & Equivalents

$122M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$145M	$96M	+51.8%
Gross Profit	$130M	$87M	+49.2%
Operating Income	$62M	$4M	+1279.8%
Net Income	-$36M	-$26M	-35.8%

Revenue Segments

Office Segment

$36M100%

GNL Q2 2024 Earnings — Global Net Lease, Inc. Revenue & Financial Results | Market Cap Arena