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Broadstone Net Lease (BNL) operating margin by quarter

Broadstone Net Lease's operating margin was 42.3% in Q3 2026 (third quarter 2026), -0.2 pts from Q2 2026. Over the last 7 quarters it ranged from 34.9% (Q1 2025) to 52.2% (Q1 2026).

Broadstone Net Lease operating margin by quarterBroadstone Net Lease operating margin by quarter34.9%Q1 202538.9%Q2 202544.5%Q3 202547.3%Q4 202552.2%Q1 202642.5%Q2 202642.3%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202642.3%-0.2 pts-2.2 pts
Q2 202642.5%-9.7 pts+3.6 pts
Q1 202652.2%+4.9 pts+17.3 pts
Q4 202547.3%+2.8 pts—
Q3 202544.5%+5.6 pts—
Q2 202538.9%+4.0 pts—
Q1 202534.9%——

Q3 2026 at a glance

Broadstone Net Lease, Q3 2026: revenue $122M (+7% year over year), operating margin 42.3%, net earnings $27.1M, operating cash flow $87.6M. The chart follows the revenue to costs, profit and cash.

Questions

What is Broadstone Net Lease's operating margin?

Broadstone Net Lease's operating margin was 42.3% in Q3 2026 (third quarter 2026), -0.2 pts from Q2 2026.

How has Broadstone Net Lease's operating margin changed?

Over the last 7 quarters it ranged from 34.9% (Q1 2025) to 52.2% (Q1 2026).

Q3 2026 results → · How Broadstone Net Lease makes money →