Global Net Lease, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026 with the U.S. Securities and Exchange Commission on November 4, 2026, reporting continued net losses from continuing operations alongside significant impairment charges.

Key Highlights

  • Net loss of $56.9 million for the three months ended September 30, 2026, compared to a net loss of $60.1 million in the same period of 2025, according to the filing.
  • Revenue from tenants fell to $112,872 thousand for Q3 2026, down from $121,013 thousand in Q3 2025, the company disclosed.
  • Impairment charges of $58,188 thousand were recorded in Q3 2026, up from $55,433 thousand in Q3 2025, the filing reported.
  • Total assets stood at $4,508,742 thousand as of September 30, 2026, compared to $4,347,203 thousand as of December 31, 2025.
  • Revolving credit facility balance rose to $830,406 thousand from $324,165 thousand at December 31, 2025, the filing disclosed.
  • Accumulated deficit reached $2,825,382 thousand as of September 30, 2026, versus $2,611,419 thousand at December 31, 2025.
  • Shares of common stock outstanding were reported as 222,839,920 as of November 2, 2026.

Global Net Lease Q3 2026: Revenue Decline, Impairments, and Rising Credit Facility Balance

Global Net Lease, Inc. (NYSE:GNL), a Maryland-incorporated real estate investment trust headquartered at 650 Fifth Ave., 30th Floor, New York, NY 10019, reported a net loss of $56,880 thousand for the three months ended September 30, 2026, according to its quarterly filing. For the nine months ended September 30, 2026, the company reported a net loss of $58,472 thousand, compared to a net loss of $273,638 thousand for the same nine-month period in 2025.

Revenue from tenants for the nine months ended September 30, 2026 was $334,633 thousand, down from $378,333 thousand in the comparable 2025 period, the filing stated. Total expenses for the nine-month period were $303,650 thousand, compared to $372,154 thousand in 2025. Impairment charges for the nine months ended September 30, 2026 were $72,998 thousand, the company disclosed, following $125,560 thousand in the prior-year period. Interest expense for the nine months totaled $116,821 thousand, down from $152,092 thousand a year earlier, according to the filing.

On the balance sheet, total real estate investments, net were $4,043,490 thousand as of September 30, 2026, up from $3,810,624 thousand at December 31, 2025. Mortgage notes payable, net decreased to $986,642 thousand from $1,264,604 thousand, while the revolving credit facility balance increased substantially to $830,406 thousand from $324,165 thousand. Total stockholders' equity declined to $1,553,383 thousand from $1,663,498 thousand at year-end 2025. A noncontrolling interest of $22,153 thousand was reported as of September 30, 2026, compared to zero at December 31, 2025. Income from discontinued operations contributed $2,443 thousand and $8,197 thousand for the three and nine months ended September 30, 2026, respectively, the filing noted.

What Was Disclosed

Global Net Lease filed its Q3 2026 Form 10-Q covering the period ended September 30, 2026, disclosing a quarterly net loss of $56,880 thousand, tenant revenue of $112,872 thousand, impairment charges of $58,188 thousand, and a substantially higher revolving credit facility balance relative to year-end 2025.