O · Earnings call · 2026Q2T · Full report

Net Income and EPS Performance

REALTY INCOME CORP · 2026-08-05 · Importance 56 · Surprise 68

Second-quarter AFFO per share increased 3.8% year over year to $1.09, while year-to-date AFFO per share reached $2.22, up 5.2% from the same period in 2025. Management raised the 2026 AFFO per share guidance midpoint by $0.02 to a range of $4.44 to $4.45, implying approximately 4% growth at the midpoint. The increase reflects expected investment volumes, transaction yields, modest credit losses, capital-markets execution, and improved visibility into deal timing.

Key facts

• AFFO per share in Q2 2026: $1.09, up 3.8% during the quarter
• Year-to-date AFFO per share through Q2 2026: $2.22, representing 5.2% growth year-to-date