NNN REIT Inc. reported its financial and operating results for the fourth quarter and full year ended December 31, 2025. Fourth quarter revenues reached USD 238.40 million, while full year revenues totaled USD 926.21 million. Net earnings for the quarter were USD 95.95 million, with net earnings for the year at USD 389.78 million. Net earnings per share for the full year were USD 2.07. Core Funds From Operations (Core FFO) per diluted share increased by 2.7 percent to USD 3.41, and Adjusted Funds From Operations (AFFO) per diluted share also grew by 2.7 percent to USD 3.44, both for the full year. Annualized base rent $(ABR)$ rose by 7.8 percent to USD 928.10 million. During the year, NNN REIT Inc. completed USD 931.00 million in investments at an initial cash capitalization rate of 7.4 percent, with a weighted average remaining lease term of 17.6 years. The company sold 116 properties for USD 190.50 million, including USD 90.70 million of income-producing assets, at a weighted average capitalization rate of 6.4 percent. Additionally, NNN REIT Inc. raised USD 85.40 million in gross proceeds through the issuance of 1,992,955 common shares at an average price of USD 42.86 per share. Management highlighted proactive portfolio management and strategic acquisitions as key factors positioning the company for continued per share growth in 2026, with a focus on value enhancement through disciplined acquisitions and maintaining a conservative, flexible balance sheet.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NNN REIT Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: FL81131) on February 11, 2026, and is solely responsible for the information contained therein.