SILA

MKT CAP:$2B

Sila Realty Trust, Inc.

Market Cap

$2B

Real Estate·REIT - Healthcare Facilities·🇺🇸 United States·NYSE

Real Estate·REIT·🇺🇸·NYSE

Stock Price

$30.40+$6.90 (+29.36%)

Apr 23, 2026

Company Details

Sila Realty Trust, Inc. is a net lease real estate investment trust headquartered in Tampa, Florida, with a strategic focus on investing in the significant, growing, and resilient healthcare sector of the U.S. economy. The Company invests i...

CEO

Michael A. Seton

IPO Date

Jun 13, 2024

Website

silarealtytrust.com

Key Metrics TTM

Revenue

$198M

+3.1% YoY

Net Income

$33M

EPS (Diluted)

$0.59

Free Cash Flow

$111M

Revenue / Share

$3.57

Gross Margin

87.9%

Operating Margin

34.5%

Net Margin

16.8%

FCF Margin

56.1%

P/S

8.5x

P/E

50.7x

Earnings Reports

Q1 2026

May 6, 2026

PENDING

FY 2025

Feb 25, 2026

$198MEPS $0.60

Q4 2025

Feb 25, 2026

$51M+8.9%EPS $0.09

Q3 2025

Nov 5, 2025

$50MEPS $0.21

Q2 2025

Aug 7, 2025

$49MEPS $0.15

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q3 21	$43M	$40M	$6M
Q1 22	$44M	$40M	$9M
Q2 22	$45M	$41M	$16M
Q3 22	$47M	$42M	$38M
Q4 22	$44M	$39M	$34M
Q1 23	$50M	$45M	$39M
Q2 23	$45M	$40M	$35M
Q3 23	$49M	$44M	$21M
Q4 23	$46M	$40M	$14M
Q1 24	$51M	$45M	$18M
Q4 24	$47M	$41M	$16M
Q1 25	$48M	$42M	$18M
Q2 25	$49M	$43M	$19M
Q3 25	$50M	$44M	$16M
Q4 25	$51M	$45M	$14M

Valuation

Quarter	P/S	P/E
Q3 21	—	—
Q1 22	—	—
Q2 22	—	—
Q3 22	7.2x	3.2x
Q4 22	7.1x	—
Q1 23	6.9x	265.2x
Q2 23	6.9x	—
Q3 23	6.9x	—
Q4 23	6.8x	53.5x
Q1 24	6.8x	51.8x
Q4 24	7.0x	41.7x
Q1 25	7.8x	59.4x
Q2 25	6.7x	30.6x
Q3 25	7.1x	34.9x
Q4 25	6.5x	38.7x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q3 21	$24M	$18M
Q4 21	$32M	$27M
Q1 22	$27M	$22M
Q2 22	$30M	$28M
Q3 22	$32M	$31M
Q4 22	$33M	$32M
Q1 23	$33M	$32M
Q2 23	$31M	$31M
Q3 23	$34M	$33M
Q4 23	$31M	$29M
Q1 24	$37M	$36M
Q4 24	$36M	$34M
Q1 25	$24M	$24M
Q2 25	$32M	$31M
Q3 25	$30M	$29M
Q4 25	$33M	$27M

Capital Expenditures

Quarter	CapEx
Q3 21	$6M
Q4 21	$5M
Q1 22	$4M
Q2 22	$2M
Q3 22	$1M
Q4 22	$863.0K
Q1 23	$388.0K
Q2 23	$574.0K
Q3 23	$628.0K
Q4 23	$2M
Q1 24	$446.0K
Q4 24	$2M
Q1 25	$577.0K
Q2 25	$540.0K
Q3 25	$1M
Q4 25	$6M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 22	+2.0%	-72.8%
Q1 23	+12.1%	-68.5%
Q2 23	+0.1%	-63.5%
Q3 23	+3.5%	+198.7%
Q4 23	+4.6%	+215.9%
Q1 24	+2.0%	+198.4%
Q4 24	+3.5%	+194.4%
Q1 25	-0.6%	+6.6%
Q2 25	+6.1%	-7.6%
Q3 25	-1.6%	+2.6%
Q4 25	+8.9%	+19.8%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q3 21	$637.0K	1.5%
Q4 21	$0	—
Q1 22	$896.0K	2.0%
Q2 22	$1M	2.8%
Q3 22	$860.0K	1.8%
Q4 22	$1M	2.6%
Q1 23	$1M	2.5%
Q2 23	$1M	2.8%
Q3 23	$1M	2.5%
Q4 23	$3M	5.6%
Q1 24	$0	0.0%
Q4 24	$2M	4.4%
Q1 25	$1M	2.6%
Q2 25	$19.0K	0.0%
Q3 25	$1M	2.6%
Q4 25	$1M	2.0%

OpEx Breakdown

Quarter	G&A	S&M
Q3 21	$6M	—
Q1 22	$6M	—
Q2 22	$6M	—
Q3 22	$5M	$182.0K
Q4 22	$5M	$182.0K
Q1 23	$6M	$187.0K
Q2 23	$5M	$189.0K
Q3 23	$5M	—
Q4 23	$7M	—
Q1 24	$8M	—
Q4 24	$7M	—
Q1 25	$6M	—
Q2 25	$5M	—
Q3 25	$5M	—
Q4 25	$6M	—

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$20M	$0	$20M
Q2 22	$23M	$0	$23M
Q3 22	$17M	$0	$17M
Q4 22	$13M	$0	$13M
Q1 23	$22M	$0	$22M
Q2 23	$21M	$0	$21M
Q3 23	$15M	$0	$15M
Q4 23	$202M	$0	$202M
Q1 24	$90M	$0	$90M
Q2 24	$87M	$0	$87M
Q3 24	$29M	$0	$29M
Q4 24	$40M	$0	$40M
Q1 25	$30M	$0	$30M
Q2 25	$25M	$0	$25M
Q3 25	$28M	$0	$28M
Q4 25	$32M	$0	$32M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q3 21	56M	—	—
Q1 22	56M	+1.0%	—
Q2 22	57M	+0.2%	—
Q3 22	57M	+0.3%	—
Q4 22	57M	-0.4%	+1.1%
Q1 23	57M	+1.0%	+1.1%
Q2 23	57M	+0.2%	+1.1%
Q3 23	57M	+0.2%	+1.0%
Q4 23	57M	-0.6%	+0.7%
Q1 24	58M	+1.2%	+1.0%
Q4 24	56M	-3.7%	-3.0%
Q1 25	56M	+0.2%	-3.0%
Q2 25	56M	+0.2%	-2.2%
Q3 25	56M	-0.2%	-3.6%
Q4 25	55M	-0.5%	-0.3%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q3 21	—	—
Q1 22	—	—
Q2 22	—	—
Q3 22	—	—
Q4 22	$813.1K	54
Q1 23	$919.3K	54
Q2 23	$832.7K	54
Q3 23	$898.9K	54
Q4 23	$956.5K	48
Q1 24	$1M	48
Q4 24	$949.9K	49
Q1 25	$984.8K	49
Q2 25	$994.5K	49
Q3 25	$1M	49
Q4 25	$1M	47

Revenue / Employee