-+ 0.00%
-+ 0.00%
-+ 0.00%
NewLake Capital Q2 FY26 net income drops 19.4% to $5.9 million; revenue falls 6.5% to $12.1 million
Share
Listen to the news
NewLake Capital Q2 FY26 net income drops 19.4% to $5.9 million; revenue falls 6.5% to $12.1 million
  • Newlake Capital Partners posted Q2 revenue of USD 12.1 million, down 6.5% from a year earlier.
  • Net income attributable to common stockholders fell 19.4% to USD 5.9 million, or USD 0.29 per diluted share.
  • Funds from operations (non-GAAP) slipped 13.2% to USD 9.9 million, while AFFO (non-GAAP) dropped 10.4% to USD 10.3 million.
  • Management cited 100% collection of contractual rent, while revenue declines reflected lost rental income from three properties that became available for lease in 2025.
  • Subsequent to quarter-end, Newlake extended its USD 90 million revolving credit facility maturity to May 2029 and cut pricing to Prime from Prime plus 1.0%.


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. Newlake Capital Partners Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608051725PRIMZONEFULLFEED9804679) on August 05, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending