Postal Realty Trust, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026 with the Securities and Exchange Commission on November 3, 2026, reporting continued growth in rental income and total assets.
Key Highlights
- Total revenues: $30,278 thousand for the three months ended September 30, 2026, compared to $24,326 thousand for the same period in 2025, according to the filing.
- Rental income: $29,651 thousand for Q3 2026, up from $23,692 thousand in Q3 2025, as reported in the consolidated statements of operations.
- Net income attributable to common stockholders: $5,604 thousand for the three months ended September 30, 2026, versus $3,810 thousand a year earlier.
- Basic and diluted EPS: $0.16 per share for Q3 2026, compared to $0.13 per share for Q3 2025.
- Total assets: $931,235 thousand as of September 30, 2026, up from $759,057 thousand as of December 31, 2025.
- Shares outstanding: 33,476,611 shares of Class A common stock as of November 3, 2026, per the cover page.
- Total equity: $502,122 thousand as of September 30, 2026, compared to $359,561 thousand as of December 31, 2025.
Postal Realty Trust Reports Q3 2026 Financial Results and Balance Sheet Expansion
Postal Realty Trust, Inc. (NYSE:PSTL), a Maryland-incorporated real estate investment trust headquartered in Cedarhurst, NY, reported total revenues of $30,278 thousand for the three months ended September 30, 2026, according to its unaudited consolidated statements of operations included in the filing. Rental income accounted for the substantial majority of that total at $29,651 thousand, with fee and other income contributing $627 thousand. For the nine months ended September 30, 2026, total revenues reached $85,508 thousand, compared to $69,827 thousand for the nine months ended September 30, 2025.
The filing disclosed net income of $6,981 thousand for Q3 2026, of which $5,604 thousand was attributable to common stockholders and $1,377 thousand was attributable to operating partnership unitholders' non-controlling interests. Total operating expenses for the quarter were $18,377 thousand, including depreciation and amortization of $7,033 thousand, general and administrative expenses of $5,091 thousand, real estate taxes of $3,393 thousand, and property operating expenses of $2,899 thousand. Net interest expense for Q3 2026 was $4,906 thousand, which included contractual interest expense of $4,274 thousand and a loss on early extinguishment of debt of $232 thousand.
On the balance sheet, total real estate properties, net, grew to $850,693 thousand as of September 30, 2026 from $700,755 thousand as of December 31, 2025. Total liabilities stood at $429,113 thousand, including term loans, net, of $337,610 thousand and a revolving credit facility balance of $11,000 thousand. The company disclosed an accumulated deficit of $80,787 thousand as of September 30, 2026. During the nine months covered by the filing, the company raised net proceeds from the sale of common stock in multiple tranches, including $11,233 thousand in Q1 2026 and $46,062 thousand in Q2 2026, as reflected in the consolidated statements of changes in equity. Unrealized gains on derivative instruments of $8,606 thousand contributed to comprehensive income of $26,828 thousand for the nine months ended September 30, 2026.
What Was Disclosed
Postal Realty Trust filed its unaudited 10-Q for the period ended September 30, 2026, disclosing Q3 2026 total revenues of $30,278 thousand, net income of $6,981 thousand, total assets of $931,235 thousand, and 33,476,611 Class A common shares outstanding as of November 3, 2026.



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