NLOP Q4 2025 Earnings — Net Lease Office Properties Revenue & Financial Results | Market Cap Arena

NLOPNet Lease Office Properties

$210M

Q4 2025 Earnings

Real Estate REIT - Office

Income Statement

Revenue

$32M+14.8% YoY

Gross Profit

-$50M-156.3% margin

Operating Income

$9M28.1% margin

Net Income

-$53,000-0.2% margin

EPS (Diluted)

$-0.00

QoQ Revenue Growth

+6.8%

Cash Flow

Operating Cash Flow

$22M

Free Cash Flow

$21M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$453M

Total Liabilities

$156M

Stockholders' Equity

$294M

Cash & Equivalents

$120M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$32M	$28M	+14.8%
Gross Profit	-$50M	$17M	-398.3%
Operating Income	$9M	$4M	+152.0%
Net Income	-$53,000	-$36M	+99.9%