Filing Flows › Netstreit (NTST) › Q3 2026
Netstreit (NTST) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 21, 2026
Netstreit (NTST) reported revenue of $66.3M for the third quarter 2026 (Q3 2026), +37% from a year earlier and +8% from the quarter before. Operating margin was 35.2%, net earnings $8.5M (12.8% of revenue).
Netstreit, Q3 2026: revenue $66.3M (+37% year over year), operating margin 35.2%, net earnings $8.5M, operating cash flow $41.8M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $66.3M | +8% | +37% |
| Operating profit | $23.3M | +18% | +95% |
| Net earnings | $8.5M | +35% | 14× |
| Operating cash flow | $41.8M | +14% | +49% |
| Free cash flow | $28.9M | -0.6% | +3% |
What changed
Revenue was $66.3M in Q3 2026, up 37% year over year and up 8% from the previous quarter.
Operating profit was $23.3M, a 35.2% margin (up 10.4 points year over year). Of the extra revenue versus Q3 2025, 63% reached operating profit, above the 25% margin then. Total costs grew 18% against revenue growth of 37%. The fastest-growing cost line was General & admin (+28%). Net earnings were $8.5M, up 1272% year over year. The effective tax rate was 1.0%.
Operating cash flow was $41.8M (up 49% year over year), 491% of net earnings. Non-cash charges added back $28.6M of depreciation and amortization and $1.9M of share-based compensation. Working capital and other items added $2.8M. Capital expenditures of $12.9M left free cash flow of $28.9M.
Questions
What was Netstreit's revenue in the third quarter 2026?
Netstreit (NTST) reported revenue of $66.3M for the third quarter 2026 (Q3 2026), +37% from a year earlier and +8% from the quarter before.
Was Netstreit profitable in the third quarter 2026?
Operating profit was $23.3M (35.2% of revenue) and net earnings $8.5M.
Source: Netstreit 10-Q on SEC EDGAR.