The financials
Realty Income by the numbers
Realty Income (O) reported revenue of $1.55B in Q2 2026 (quarter ended June 30, 2026), up 9.7% from the same quarter a year earlier. That came with net income of $371M (24% of revenue). For the full year FY2025, revenue was $5.75B (+9.1% year on year) and net income $1.06B. Its largest product in 2025-Q3 was Product And Service Retail at $892M, 78% of the disclosed total, just ahead of Product And Service Industrial at 17%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $1.55B | $1.41B | +9.7% |
| Operating income | $357M | $178M | +100% |
| Net income | $371M | $197M | +88% |
| Diluted EPS | $0.37 | $0.22 | +68% |
| Product | Revenue | Share |
|---|---|---|
| Product And Service Retail | $892M | 78% |
| Product And Service Industrial | $193M | 17% |
| Product And Service Other | $61M | 5.4% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q3 2025Total $1.15B (+2.7%)
Product And Service Retail grew +5.7% year on yearProduct And Service Other +0.79% year on year
Segment Latestquarter on quarteryear on year
- Product And Service Retail$892.1M$892.1MQoQ +3.9%year on year +5.7%+3.9%+5.7%
- Product And Service Industrial$193.0M$193.0MQoQ -2.1%year on year +1.6%-2.1%+1.6%
- Product And Service Other$61.5M$61.5MQoQ +0.34%year on year +0.79%+0.34%+0.79%