Filing Flows › Broadstone Net Lease (BNL) › Q2 2026 › vs Q1 2026
Broadstone Net Lease (BNL) Q2 2026 vs Q1 2026 (quarter over quarter)
Broadstone Net Lease's revenue rose $908K (+0.7%) from $121M in Q1 2026 to $122M in Q2 2026. Operating margin 42.5% against 52.2% (-9.7 pts).
Broadstone Net Lease, Q2 2026: revenue $122M (+8% year over year), operating margin 42.5%, net earnings $39.8M, operating cash flow $58.2M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 42.5% | 52.2% | -9.7 pts |
| Net margin | 32.5% | 38.2% | -5.7 pts |
| Free cash flow margin | 37.9% | 61.6% | -23.6 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $122M | $121M | $908K | +0.7% |
| Operating profit | $51.9M | $63.3M | −$11.4M | -18% |
| Costs & expenses | $70.4M | $58.1M | $12.3M | +21% |
| Pre-tax earnings | $40.6M | $46.7M | −$6.1M | -13% |
| Other expense, net | $11.3M | $16.6M | −$5.3M | -32% |
| General & admin | $11.9M | $10.3M | $1.5M | +15% |
| Other operating costs | $58.5M | $47.7M | $10.8M | +23% |
| Net earnings | $39.8M | $46.4M | −$6.6M | -14% |
| Minority interests | $456K | $27K | $429K | 17× |
| Income tax | $346K | $311K | $35K | +11% |
| Depreciation & amortization | $48.1M | $40.5M | $7.6M | +19% |
| Share-based compensation | $2.9M | $2.6M | $294K | +11% |
| Working capital & other | $32.6M | $13.3M | $19.2M | +144% |
| Operating cash flow | $58.2M | $76.1M | −$17.9M | -24% |
| Free cash flow (OCF − capex) | $46.4M | $74.7M | −$28.4M | -38% |
| Capital expenditures | $11.8M | $1.4M | $10.4M | +765% |
Questions
How much did Broadstone Net Lease's revenue grow quarter over quarter in Q2 2026?
Broadstone Net Lease's revenue rose $908K (+0.7%) from $121M in Q1 2026 to $122M in Q2 2026. Operating margin 42.5% against 52.2% (-9.7 pts).