# Global Net Lease, Inc.: overview

GNL · NYSE · CIK 1526113 · [Real estate](/sectors/real-estate.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/gnl.md) · [Financials](/companies/gnl/financials.md) · [Filings](/companies/gnl/filings.md) · [Insiders](/companies/gnl/insiders.md)

Latest reported revenue: [$112.5m](/filings/0001628280-26-053396.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 5, 2026 (XBRL us-gaap:Revenues, accession 0001628280-26-053396).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [139](/filings/0001628280-25-050197.md) | [138 d](/filings/0001628280-26-011696.md) | [132](/filings/0001628280-26-031288.md) | [125](/filings/0001628280-26-053396.md) | [121](/filings/0001628280-25-050197.md) | [117 d](/filings/0001628280-26-011696.md) | [109](/filings/0001628280-26-031288.md) | [112](/filings/0001628280-26-053396.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [9.3%](/filings/0001628280-25-050197.md) | [40.8% d](/filings/0001628280-26-011696.md) | [(21.1%)](/filings/0001628280-26-031288.md) | [33.9%](/filings/0001628280-26-053396.md) | [(11.7%)](/filings/0001628280-25-050197.md) | [94.7% d](/filings/0001628280-26-011696.md) | [28.3%](/filings/0001628280-26-031288.md) | [48.7%](/filings/0001628280-26-053396.md) |
| Net margin | % | [(47.3%)](/filings/0001628280-25-050197.md) | [(4.7%) d](/filings/0001628280-26-011696.md) | [(143.0%)](/filings/0001628280-26-031288.md) | [(19.3%)](/filings/0001628280-26-053396.md) | [(49.7%)](/filings/0001628280-25-050197.md) | [41.2% d](/filings/0001628280-26-011696.md) | [(4.6%)](/filings/0001628280-26-031288.md) | [3.1%](/filings/0001628280-26-053396.md) |
| Diluted EPS | $ per share | [(0.33)](/filings/0001628280-25-050197.md) | not reported | [(0.87)](/filings/0001628280-26-031288.md) | [(0.16)](/filings/0001628280-26-053396.md) | [(0.32)](/filings/0001628280-25-050197.md) | not reported | [(0.08)](/filings/0001628280-26-031288.md) | [(0.04)](/filings/0001628280-26-053396.md) |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:ProfitLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [391](/filings/0001526113-24-000007.md) | [379](/filings/0001526113-25-000007.md) | [446](/filings/0001628280-26-011696.md) | [570](/filings/0001628280-26-011696.md) | [495](/filings/0001628280-26-011696.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [28.6%](/filings/0001526113-24-000007.md) | [26.5%](/filings/0001526113-25-000007.md) | [(3.4%)](/filings/0001628280-26-011696.md) | [33.0%](/filings/0001628280-26-011696.md) | [22.4%](/filings/0001628280-26-011696.md) |
| Net margin | % | [2.9%](/filings/0001526113-24-000007.md) | [3.2%](/filings/0001526113-25-000007.md) | [(47.5%)](/filings/0001628280-26-011696.md) | [(23.1%)](/filings/0001628280-26-011696.md) | [(45.5%)](/filings/0001628280-26-011696.md) |
| Diluted EPS | $ per share | [(0.20)](/filings/0001526113-24-000007.md) | [(0.09)](/filings/0001526113-25-000007.md) | [(1.71)](/filings/0001628280-26-011696.md) | [(0.76)](/filings/0001628280-26-011696.md) | [(1.21)](/filings/0001628280-26-011696.md) |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues.
- Net margin (net income / revenue). XBRL Net income: us-gaap:ProfitLoss; Revenue: us-gaap:Revenues.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/gnl/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $286.7m | 32,069,966 |  | Added +758,677 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $183.7m | 20,544,802 |  | Added +141,097 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $98.2m | 10,982,674 |  | Reduced −128,377 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $82.9m | 9,272,540 |  | Added +28,299 |
| [BROWN ADVISORY INC](/funds/1345929.md) | 2026-06-30 | $56.9m | 6,364,564 |  | Added +459,142 |
| [TWO SIGMA INVESTMENTS, LP](/funds/1179392.md) | 2026-06-30 | $51.6m | 5,775,479 |  | Added +3,233,953 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $49.4m | 5,524,303 |  | Added +239,215 |
| [CHARLES SCHWAB INVESTMENT MANAGEMENT INC](/funds/884546.md) | 2026-06-30 | $38.6m | 4,314,026 |  | Reduced −73,390 |
| [Invesco Ltd.](/funds/914208.md) | 2026-06-30 | $37.7m | 4,218,870 |  | Added +479,589 |
| [Balyasny Asset Management L.P.](/funds/1218710.md) | 2026-06-30 | $34.5m | 3,857,678 |  | Added +3,103,780 |

## Recent filings

[All 1,134 filings](/companies/gnl/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-15 | 10:15 ET | [8-K](/filings/0001104659-26-115947.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-115947 |
| 2026-10-01 | 10:15 ET | [8-K](/filings/0001104659-26-112549.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-112549 |
| 2026-09-30 | 20:30 ET | [8-K/A](/filings/0001104659-26-112359.md) | 9.01 Financial statements and exhibits | 0001104659-26-112359 |
| 2026-09-17 | 10:15 ET | [8-K](/filings/0001104659-26-108393.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-108393 |
| 2026-09-11 | 12:09 ET | [8-K/A](/filings/0001104659-26-106905.md) | 9.01 Financial statements and exhibits | 0001104659-26-106905 |
| 2026-08-13 | 10:15 ET | [8-K](/filings/0001104659-26-095323.md) | 2.01 Completion of an acquisition or disposition; 3.02 Unregistered sale of equity; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-095323 |
| 2026-08-06 | 20:19 ET | [8-K](/filings/0001104659-26-092041.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-092041 |
| 2026-08-05 | 20:23 ET | [10-Q](/filings/0001628280-26-053396.md) | Quarterly report, period 2026-06-30 | 0001628280-26-053396 |
| 2026-08-05 | 20:20 ET | [8-K](/filings/0001104659-26-091131.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-091131 |
| 2026-08-05 | 20:17 ET | [8-K](/filings/0001628280-26-053386.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001628280-26-053386 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001628280-26-011696.md), filed Feb 25, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/ea5e4895-4f07-4093-9d75-dbbb5e540b55)

## About the filer

- CIK: 1526113
- Tickers: GNL, GNL-PA, GNL-PB, GNL-PD, GNL-PE
- Exchange: NYSE
- SIC code: 6798 Real Estate Investment Trusts
- State of incorporation: NY
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:42 ET. No prices; not investment advice.