Broadstone Net Lease (BNL) Revenue & Revenue Breakdown


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Broadstone Net Lease Revenue Highlights


Latest Revenue (Y)

$442.89M

Latest Revenue (Q)

$105.91M

Main Segment (Y)

Tenant Reimbursements

Main Geography (Y)

Tenant Reimbursements

Broadstone Net Lease Revenue by Period


Broadstone Net Lease Revenue by Year

DateRevenueChange
2023-12-31$442.89M8.68%
2022-12-31$407.51M6.43%
2021-12-31$382.88M19.04%
2020-12-31$321.64M7.64%
2019-12-31$298.81M25.83%
2018-12-31$237.48M30.80%
2017-12-31$181.56M27.08%
2016-12-31$142.87M45.66%
2015-12-31$98.09M-

Broadstone Net Lease generated $442.89M in revenue during NA 2023, up 8.68% compared to the previous quarter, and up 186.50% compared to the same period a year ago.

Broadstone Net Lease Revenue by Quarter

DateRevenueChange
2024-06-30$105.91M-2.94%
2024-03-31$109.12M3.92%
2023-12-31$105.00M-4.15%
2023-09-30$109.54M0.17%
2023-06-30$109.35M-8.10%
2023-03-31$118.99M6.11%
2022-12-31$112.14M8.32%
2022-09-30$103.52M5.62%
2022-06-30$98.01M4.45%
2022-03-31$93.84M1.29%
2021-12-31$92.64M-24.54%
2021-09-30$122.78M44.85%
2021-06-30$84.76M2.49%
2021-03-31$82.70M0.49%
2020-12-31$82.29M1.92%
2020-09-30$80.74M0.46%
2020-06-30$80.37M2.74%
2020-03-31$78.23M-7.89%
2019-12-31$84.93M11.16%
2019-09-30$76.40M10.64%
2019-06-30$69.05M0.91%
2019-03-31$68.43M8.46%
2018-12-31$63.09M2.15%
2018-09-30$61.76M8.30%
2018-06-30$57.03M2.60%
2018-03-31$55.59M12.36%
2017-12-31$49.47M7.00%
2017-09-30$46.23M5.87%
2017-06-30$43.67M3.52%
2017-03-31$42.19M6.94%
2016-12-31$39.45M6.59%
2016-09-30$37.01M-

Broadstone Net Lease generated $105.91M in revenue during Q2 2024, up -2.94% compared to the previous quarter, and up 89.00% compared to the same period a year ago.

Broadstone Net Lease Revenue Breakdown


Broadstone Net Lease Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 18
Tenant Reimbursements$11.22M
Real Estate Other$109.00K

Broadstone Net Lease's latest annual revenue breakdown by segment (product or service), as of Dec 18: Tenant Reimbursements (99.04%), and Real Estate Other (0.96%).

Quarterly Revenue by Product

Product/ServiceDec 18Sep 18Jun 18
Tenant Reimbursements$3.46M$2.53M$2.49M
Real Estate Other$35.00K$29.00K$3.00K

Broadstone Net Lease's latest quarterly revenue breakdown by segment (product or service), as of Dec 18: Tenant Reimbursements (99.00%), and Real Estate Other (1.00%).

Broadstone Net Lease Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 18
Real Estate Other$109.00K
Tenant Reimbursements$11.22M

Broadstone Net Lease's latest annual revenue breakdown by geography, as of Dec 18: Tenant Reimbursements (99.04%), and Real Estate Other (0.96%).

Quarterly Revenue by Country

CountryDec 18Sep 18Jun 18
Real Estate Other$35.00K$29.00K$3.00K
Tenant Reimbursements$3.46M$2.53M$2.49M

Broadstone Net Lease's latest quarterly revenue breakdown by geography, as of Dec 18: Tenant Reimbursements (99.00%), and Real Estate Other (1.00%).

Broadstone Net Lease Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
AHHArmada Hoffler Properties$667.16M$184.74M
BNLBroadstone Net Lease$442.89M$105.91M
BRSPBrightSpire Capital$392.11M-
EPRTEssential Properties Realty Trust$359.60M$109.27M
CTOCTO Realty Growth$109.12M$28.84M
OLPOne Liberty Properties$90.65M$21.80M
MDVModiv$46.94M$11.34M

BNL Revenue FAQ


Broadstone Net Lease's yearly revenue for 2023 was $442.89M, representing an increase of 8.68% compared to 2022. The company's yearly revenue for 2022 was $407.51M, representing an increase of 6.43% compared to 2021. BNL's yearly revenue for 2021 was $382.88M, representing an increase of 19.04% compared to 2020.

Broadstone Net Lease's quarterly revenue for Q2 2024 was $105.91M, a -2.94% decrease from the previous quarter (Q1 2024), and a -3.15% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $109.12M, a 3.92% increase from the previous quarter (Q4 2023), and a -8.30% decrease year-over-year (Q1 2023). BNL's quarterly revenue for Q4 2023 was $105M, a -4.15% decrease from the previous quarter (Q3 2023), and a -6.36% decrease year-over-year (Q4 2022).

Broadstone Net Lease's revenue growth rate for the last 3 years (2021-2023) was 15.67%, and for the last 5 years (2019-2023) was 48.21%.

Broadstone Net Lease's revenue streams in c 18 are Tenant Reimbursements, and Real Estate Other. Tenant Reimbursements generated $11.22M in revenue, accounting 99.04% of the company's total revenue Real Estate Other generated $109K in revenue, accounting 0.96% of the company's total revenue

For the fiscal year ending Dec 18, the largest source of revenue of Broadstone Net Lease was Tenant Reimbursements. This segment made a revenue of $11.22M, representing 99.04% of the company's total revenue.