Realty Income revenue and financials

O · NYSE · USD

$54.25+0.89%+$0.48

Close · October 6, 2026

In the fiscal year ended December 2025, Realty Income reported revenue of $5.75B (+9.07% year over year). Net income was $1.06B, a net margin of 18.4%.

Annual revenue · 2025: $5.75B
  1. $1.1B2016
  2. $1.22B2017
  3. $1.33B2018
  4. $1.49B2019
  5. $1.65B2020
  6. $2.08B2021
  7. $3.34B2022
  8. $4.08B2023
  9. $5.27B2024
  10. $5.75B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+9.07%
2025 vs 2024
Net income growth
+22.98%
2025 vs 2024
Net margin
18.4%
2024: 16.3%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Total revenue1,4271,4461,7091,3881,339———————
Cost of revenue112117108107107———————
Gross profit1,3151,3301,6011,2811,231———————
Selling, general and administrative57.658.954.155.049.3———————
Operating income605601943582533———————
EBIT728706700656608606554535582548483437
EBITDA1,3821,3431,3421,2911,2551,2251,1691,1451,1971,138971952
Interest expense303283280287277———————
Pre-tax income396347323341223267221286277149236245
Income tax25.826.221.823.824.115.720.115.415.615.515.811.3
Net income344312296316197250200269259132218233
Net income to common shareholders344312296316197250200262257130218233
Basic EPS0.370.330.320.350.220.280.230.300.300.160.300.33
Diluted EPS0.370.330.320.350.220.280.230.300.290.160.300.33
Average shares (basic)932932920914903892876871870835725709
Average shares (diluted)935934924915904892876872871835725710
Dividend per share0.810.810.810.810.810.800.790.790.780.770.770.77