BNL Broadstone Net Lease, Inc.

company

SEC Filings & Insider Trading Activity 2026

Business Overview

• • Industrial-focused diversified net lease REIT with 771 primarily single-tenant properties across 44 U.S. states and 4 Canadian provinces
• • Invested $748.4M in 2025 including $209.3M on build-to-suit developments and $429.9M in new property acquisitions
• • Extended $1.0B revolving credit facility maturity to March 2029 and issued $350M senior unsecured notes due 2032 at 5.000%
• • Portfolio 99.8% leased with weighted average remaining lease term 9.6 years and 2.1% average contractual rent escalation
• • Achieved 4.2% AFFO growth to $296.3M or $1.49 per diluted share reflecting strong rent collections and occupancy

Risk Factors

• • Risk of tenant default under master leases affecting 38.6% of ABR, with 64.9% of multi-site tenant ABR linked to master leases as of 12/31/25
• • Geographic concentration risk: 35.4% of ABR in top 5 states including Texas (10.2%) and Michigan (8.6%) vulnerable to regional downturns
• • Supply chain disruptions increasing renovation costs and delays for specialty properties, impairing re-leasing and liquidity
• • Competition from larger REITs and investors with lower cost of capital may limit acquisition opportunities and reduce yields
• • Debt outstanding of $2.5B as of 12/31/25 with covenants that could trigger accelerated repayment risks under stress

Management Discussion & Analysis

• • Revenue $454.1M, up 5.2% YoY from $431.8M driven by rent escalations and portfolio growth
• • Operating expenses $265.7M, down 0.8% YoY; depreciation up 5.1%, property expense down 7.2%, impairments down 18.9%
• • Net income $99.4M, down 41.2% YoY from $169.0M; net margin approx. 21.9% vs 39.1% due to lower gains on property sales and higher interest expense
• • Best segment: rental lease revenues $454.1M; Worst: gain on sales fell 82.8% to $12.6M from $73.2M
• • Cash flow from operations $299.5M, capex and acquisitions $438.2M; financing provided $393.4M including increased borrowings; dividends declared $59.5M
• • Guidance/risks: focus on maintaining leverage below 6.0x; expects to fund growth via debt/equity and selective dispositions; exposed to interest rate and FX risks; no material debt maturities until 2027

What are the latest BNL SEC filings in 2026?

Broadstone Net Lease, Inc. (BNL) has filed a 10-K annual report on February 19, 2026, a 10-Q quarterly report on April 30, 2026, an 8-K current report on July 29, 2026 with the SEC. SignalX tracks every new SEC EDGAR filing daily, including 10-K, 10-Q, 8-K, and Form 4 insider transactions, with AI-powered summaries of key sections.

When did BNL file its most recent 10-K annual report?

Broadstone Net Lease, Inc. (BNL) filed its most recent 10-K annual report on February 19, 2026. The 10-K includes audited financial statements, business overview, risk factors, and management discussion, all available on SignalX with AI-generated summaries and XBRL financial data.

How do I view BNL 10-Q quarterly reports?

Broadstone Net Lease, Inc. (BNL)'s most recent 10-Q quarterly report was filed on April 30, 2026. SignalX displays every BNL 10-Q with AI-generated summaries of the MD&A (Management Discussion & Analysis) and Risk Factors sections, plus links to the original SEC EDGAR document.

What 8-K current reports has BNL filed recently?

Broadstone Net Lease, Inc. (BNL)'s most recent 8-K was filed on July 29, 2026. 8-K filings disclose material corporate events such as earnings releases, executive changes, mergers, and other significant developments. SignalX surfaces each 8-K with item-level summaries so you can quickly see what happened.

Where can I find BNL insider trading activity (Form 4)?

SignalX aggregates every BNL Form 4 insider transaction from SEC EDGAR. Form 4 reports show when officers, directors, and 10% shareholders buy or sell company stock, with transaction code, share count, and price per share.

How often does BNL file with the SEC?

Broadstone Net Lease, Inc. (BNL) files a 10-K annual report once per year (typically within 60 days of fiscal year-end) and 10-Q quarterly reports three times per year. 8-K current reports are filed as needed when material events occur, and Form 4 insider transaction reports are due within two business days of a trade. SignalX monitors SEC EDGAR daily to surface every new BNL filing with AI-powered analysis.

What is the difference between 10-K, 10-Q, and 8-K SEC filings?

A 10-K is a comprehensive annual report with audited financials, business overview, and risk factors. A 10-Q is a shorter quarterly report with unaudited financials and management discussion. An 8-K is a current report filed when a material event occurs, such as earnings releases, executive changes, acquisitions, or other significant developments. SignalX provides AI-generated summaries for all three filing types for Broadstone Net Lease, Inc. (BNL).

What is BNL's SEC CIK number?

Broadstone Net Lease, Inc. (BNL)'s SEC CIK (Central Index Key) number is 1424182. The CIK is a unique identifier assigned by the SEC to every filing entity. You can use CIK 1424182 to look up all BNL filings on SEC EDGAR, or browse them here on SignalX with AI-powered analysis.

Where can I find BNL return on equity (ROE) and financial data?

SignalX extracts XBRL financial data from Broadstone Net Lease, Inc. (BNL) 10-K annual filings, including revenue, net income, gross profit, operating income, EPS, total assets, stockholders' equity, and operating cash flow. Return on equity (ROE) can be derived from net income divided by stockholders' equity. Multi-year financial trends are displayed in the Financial Summary table above.