Netstreit Corp. Reports Revenue Growth in Q1 2025

Netstreit Corp. ( (NTST) ) has released its Q1 earnings. Here is a breakdown of the information Netstreit Corp. presented to its investors.

Netstreit Corp. is a real estate investment trust (REIT) that focuses on acquiring, owning, and managing a diversified portfolio of single-tenant retail commercial properties across the United States. The company is known for its long-term net leases with high-credit-quality tenants.

In its latest earnings report for the first quarter of 2025, Netstreit Corp. reported a total revenue of $45.9 million, up from $37.7 million in the same period last year. The company also saw a slight increase in net income, reaching $1.7 million compared to $1.1 million in the previous year.

Key financial highlights include a substantial increase in rental revenue, which rose to $42.6 million from $35.2 million, and a gain on sales of real estate, netting $2.1 million. However, the company also experienced higher interest expenses, which increased to $11.5 million from $6.2 million. The company continued its investment activities, acquiring 18 properties for $77.5 million and selling 16 properties for $38.6 million.

Looking ahead, Netstreit Corp. remains committed to expanding its portfolio and maintaining its focus on high-credit-quality tenants. The management’s outlook suggests continued growth and strategic investments in property developments and mortgage loans, positioning the company for sustained performance in the retail real estate sector.