Global Net Lease (GNL) revenue breakdown
By segment, Industrial & Distribution is the largest at 46% of fiscal 2025 revenue; Retail grew fastest, 68% a year over 4 years.
By product, Occupancy is the largest at 94% of fiscal 2018 revenue; Tenant Reimbursements grew fastest, 29% a year over 2 years.
Revenue by segment
Fiscal years, as Global Net Lease reports them in its 10-K filings; fiscal 2025 total $495M.
| Segments | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|
| Industrial & Distribution | $203M | $212M | $220M | $238M | $226M | 46% |
| Office | $172M | $150M | $150M | $144M | $137M | 28% |
| Retail | $17M | $17M | $66M | $166M | $133M | 27% |
| Multi-Tenant Retail | — | — | $10M | $23M | — | — |
Revenue by product
Fiscal years, as Global Net Lease reports them in its 10-K filings; fiscal 2018 total $282M.
| Products | 2016 | 2017 | 2018 | Share |
|---|---|---|---|---|
| Occupancy | $204M | $243M | $265M | 94% |
| Tenant Reimbursements | $10M | $17M | $17M | 6% |
Revenue by region
Fiscal years, as Global Net Lease reports them in its 10-K filings; fiscal 2022 total $379M.
| Regions | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | Share |
|---|---|---|---|---|---|---|---|---|
| United States | $133M | $133M | $149M | $180M | $216M | $233M | $234M | 62% |
| United Kingdom | $37M | $53M | $54M | $51M | $51M | $89M | $78M | 21% |
| Europe | $44M | $74M | $80M | $75M | $62M | $68M | $63M | 17% |
| Canada | — | — | — | $18,000 | $722,000 | $761,000 | $3M | 1% |
Questions
Where does Global Net Lease make its money?
In fiscal 2025, by segment: Industrial & Distribution $226M, Office $137M, Retail $133M.
From Global Net Lease's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.