Results of Operations and Financial Condition · Regulation FD Disclosure
Item 2.02. Results of Operations and Financial Condition. On February 25, 2026, Global Net Lease, Inc. (the “Company”) issued a press release announcing its results of operations for the quarter and year ended December 31, 2025, and supplemental financial information for the quarter and year ended December 31, 2025, attached hereto as Exhibits 99.1 and 99.2, respectively.
Filed Feb 25, 2026Accepted Feb 25, 2026, 4:19 PM ESTCIK 1526113Accession 0001628280-26-011686
Net Lease, Inc. Global Net Lease, Inc. (NYSE: GNL) is a publicly traded internally managed real estate investment trust that focuses on acquiring and managing a global portfolio of income producing net lease assets across the United States, and Western and Northern Europe. Additional information about GNL can be found on its website at www.globalnetlease.com.
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Item 2.02Item 2.02 - Results of Operations
Item 2.02. Results of Operations and Financial Condition.
On February 25, 2026, Global Net Lease, Inc. (the “Company”) issued a press release announcing its results of operations for the quarter and year ended December 31, 2025, and supplemental financial information for the quarter and year ended December 31, 2025, attached hereto as Exhibits 99.1 and 99.2, respectively.
Item 7.01Item 7.01 - Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure.
Press Release and Supplemental Information
As disclosed in Item 2.02 above, on February 25, 2026, the Company issued a press release announcing its results of operations for the quarter and year ended December 31, 2025, and supplemental financial information for the quarter and year ended December 31, 2025, attached hereto as Exhibits 99.1 and 99.2, respectively. The information set forth in Item 7.01 of this Current Report on Form 8-K and in the attached Exhibits 99.1 and 99.2 are deemed to be “furnished” and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section. The information set forth in Items 2.02 and 7.01 of this Current Report on Form 8-K, including Exhibits 99.1 and 99.2, shall not be deemed incorporated by reference into any filing under the Exchange Act or the Securities Act of 1933, as amended, regardless of any general incorporation language in such filing.
The statements in this Current Report on Form 8-K that are not historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve risks and uncertainties that could cause the outcome to be materially different. The words such as “may,” “will,” “seeks,” “anticipates,” “believes,” “expects,” “estimates,” “projects,” “potential,” “predicts,” “plans,” “intends,” “would,” “could,” “should” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These forward-looking statements are subject to a number of risks, uncertainties and other factors, many of which are outside of the Company’s control, which could cause actual results to differ materially from the results contemplated by the forward-looking statements. These risks and uncertainties include the risks that any potential future acquisition or disposition by the Company is subject to market conditions, capital availability and timing considerations and may not be identified or completed on favorable terms, or at all. Some of the risks and uncertainties, although not all risks and uncertainties, that could cause the Company’s actual results to differ materially from those presented in its forward-looking statements are set forth in the “Risk Factors” and “Quantitative and Qualitative Disclosures About Market Risk” sections in the Company’s Annual Report on Form 10-K, its Quarterly Reports on Form 10-Q, and all of its other filings with the U.S. Securities and Exchange Commission, as such risks, uncertainties and other important factors may be updated from time to time in the Company’s subsequent reports. Further, forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update or revise any forward-looking statement to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time, unless required by law.
EX-99.1
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ex991-gnlearningsrelease12.htm
EX-99.1 EARNINGS RELEASE 12.31.25
Document
EXHIBIT 99.1
GLOBAL NET LEASE REPORTS FOURTH QUARTER AND FULL YEAR 2025 RESULTS
- Company Exceeds Full-Year 2025 AFFO Guidance
- Reduced Net Debt by $2.2 Billion and Improved Net Debt to Adjusted EBITDA From 7.6x to 6.7x in 2025
- Repurchased 17.2 Million Shares at a Weighted Average Price of $7.88, Totaling $135.9 Million Since Launch of Repurchase Program in February 2025
- Sold McLaren Campus for £250 Million, Approximately £80 Million Above Original Purchase Price
- Corporate Credit Rating Upgraded to Investment-Grade
- Introduces Initial 2026 Financial Guidance; Focus on Reducing Office Exposure and Accretive Capital Redeployment
New York, February 25, 2026 - Global Net Lease, Inc. (NYSE: GNL) (“GNL” or the “Company”), an internally managed real estate investment trust that focuses on acquiring and managing a globally diversified portfolio of strategically located commercial real estate properties, announced today its financial and operating results for the quarter and year ended December 31, 2025.
Fourth Quarter and Full Year 2025 Highlights
• Revenue was $117.0 million in fourt…
Open exhibit ↗EX-99.2 (by filename) ex992-gnlsupplementalinfor.htm
EX-99.2
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ex992-gnlsupplementalinfor.htm
EX-99.2 SUPPLEMENTAL 12.31.25
Document
EXHIBIT 99.2
Global Net Lease, Inc.
Supplemental Information
Quarter Ended December 31, 2025 (unaudited)
Global Net Lease, Inc.
Supplemental Information
Quarter ended December 31, 2025 (Unaudited)
Table of Contents
Item Page
Non-GAAP Definitions 3
Key Metrics 6
Consolidated Balance Sheets 7
Consolidated Statements of Operations 8
Non-GAAP Measures 9
Debt Overview 11
Future Minimum Lease Rents 12
Top Twenty Tenants 13
Diversification by Property Type 14
Diversification by Tenant Industry 15
Diversification by Geography 16
Lease Expirations 17
Please note that totals may not add due …