NTST on NYSE

NETSTREIT Corp.

We are an internally managed real estate company that acquires, owns, and manages a diversified portfolio of single-tenant commercial retail properties, subject to long-term net leases with.3 From its latest annual report

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Last updated Oct 19, 2026.

Overview

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  • TickerNTST on NYSE1
  • IndustryReal Estate Investment Trusts1
  • HeadquartersDallas, Texas1
  • Incorporated inMD2
  • Business address2021 Mckinney Avenue, Suite 1150, Dallas, Tx 752012
  • Filer categoryLarge accelerated filer2

We are an internally managed real estate company that acquires, owns, and manages a diversified portfolio of single-tenant commercial retail properties, subject to long-term net leases with high-credit-quality tenants across the United States. We also invest in property developments and mortgage loans secured by real estate. As of December 31, 2025, we owned or had investments in 761 properties diversified by tenant, industry, and geography, comprising 129 different tenants across 28 retail sectors in 45 states. This includes three property developments where rent has not yet commenced. We focus on tenants in industries where we believe a physical location is critical to the generation of sales and profits, with a focus on necessity goods and essential services in the retail sector, including grocers, convenience stores, discount stores, home improvement, quick-service restaurants, gener…3 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

3.6%Net margin4
19.8%Revenue growth, 20254
0.5%Return on equity4
0.76×Debt to equity4

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Other costs96¢$188.0M
  • Income tax0¢$54.0K
  • Profit4¢$6.9M

Out of $195.0M in revenue.4

Where each dollar of operating cash went, fiscal 2025

  • Dividends paid64¢$70.2M
  • Share buybacks1¢$753.0K
  • Kept or used elsewhere35¢$38.5M

Out of $109.5M of cash from operations.4

Financial statements

Revenue5674$195.0M in 2025+478% since 2020
0$50.0M$100.0M$150.0M$200.0M2020: $33.7M$33.7M20202021: $59.1M$59.1M2021+75%2022: $96.3M$96.3M2022+63%2023: $131.9M$131.9M2023+37%2024: $162.8M$162.8M2024+23%2025: $195.0M$195.0M2025+20%
Net income85674$6.9M in 2025
-$20.0M-$10.0M0$10.0M2019: -$8.1M-$8.1M20192020: $212.0K$212.0K20202021: $3.1M$3.1M2021+1386%2022: $8.2M$8.2M2022+160%2023: $6.9M$6.9M2023−16%2024: -$12.0M-$12.0M20242025: $6.9M$6.9M2025

Every line of the income statement as filed: the last 3 fiscal years, latest first.4

Period ending2025-12-312024-12-312023-12-31
Rental revenue (including reimbursable)$182.1M$150.8M$124.0M
Interest income on loans receivable$12.6M$11.6M$7.4M
Other revenue$245.0K$400.0K$550.0K
Total revenues$195.0M$162.8M$131.9M
Property$19.2M$17.4M$16.4M
General and administrative$21.7M$19.7M$20.2M
Depreciation and amortization$86.4M$76.9M$63.7M
Provisions for impairment$17.3M$30.0M$7.1M
Transaction costs$218.0K$359.0K$456.0K
Total operating expenses$144.8M$144.3M$107.8M
Interest expense, net-$51.3M-$30.3M-$19.1M
Gain on sales of real estate, net$7.7M$1.9M$1.2M
Loss on debt extinguishment-$46.0K$0-$128.0K
Other income (expense), net$444.0K-$1.9M$752.0K
Total other expense, net-$43.2M-$30.4M-$17.3M
Net income (loss) before income taxes$7.0M-$12.0M$6.8M
Income tax (expense) benefit-$54.0K-$49.0K$49.0K
Net income (loss)$6.9M-$12.0M$6.9M
Net income (loss) attributable to noncontrolling interests$37.0K-$63.0K$53.0K
Net income (loss) attributable to common stockholders$6.9M-$11.9M$6.8M
Basic (in dollars per share)$0.08-$0.16$0.11
Diluted (in dollars per share)$0.08-$0.16$0.11
Basic (in shares)82.7M shares76.5M shares63.9M shares
Diluted (in shares)84.2M shares76.5M shares64.7M shares
Change in value on derivatives, net-$14.9M$1.3M-$14.8M
Total comprehensive loss-$7.9M-$10.7M-$7.9M
Comprehensive loss attributable to noncontrolling interests-$43.0K-$57.0K-$39.0K
Comprehensive loss attributable to common stockholders-$7.9M-$10.7M-$7.9M

Compare NETSTREIT Corp. with another company

Leadership

Who has led NETSTREIT Corp., and when. Pick a name to see everywhere that person has worked.

Board members and other officers (13)

Timeline

  1. Aug 12, 2020New chief executive Mark Manheimer becomes CEO12

Filings

331 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 66 major events, 140 insider forms, 68 large holders, 37 other. The latest 20:

  1. Oct 2, 20268-K EDGAR
  2. Sep 14, 20268-K EDGAR
  3. Sep 11, 20263 EDGAR
  4. Sep 8, 20264 EDGAR
  5. Sep 3, 20268-K EDGAR
  6. Aug 14, 2026SCHEDULE 13G/A EDGAR
  7. Aug 12, 2026SCHEDULE 13G EDGAR
  8. Aug 11, 2026SCHEDULE 13G/A EDGAR
  9. Aug 7, 2026SCHEDULE 13G EDGAR
  10. Aug 5, 2026SCHEDULE 13G/A EDGAR
  11. Aug 3, 2026SCHEDULE 13G EDGAR
  12. Aug 3, 2026SCHEDULE 13G EDGAR
  13. Aug 3, 2026SCHEDULE 13G EDGAR
  14. Jul 31, 2026SCHEDULE 13G EDGAR
  15. Jul 31, 2026SCHEDULE 13G EDGAR
  16. Jul 22, 202610-Q EDGAR
  17. Jul 22, 20268-K EDGAR
  18. Jul 17, 2026SCHEDULE 13G EDGAR
  19. Jul 8, 2026SCHEDULE 13G/A EDGAR
  20. Jun 22, 20264 EDGAR

The 331 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

20 open-market trades by officers, directors and large owners since October 2021: 14 buys and 6 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 4, 2026Donlan Daniel PCFO and TreasurerBuy1,200$20.12$24.1KForm 4
Jun 18, 2026Manheimer MarkPresident, CEO and SecretaryBuy5,000$19.19$96.0KForm 4
Apr 23, 2026Zeigler Robin McBrideDirectorSale7,192$20.85$150.0KForm 4
Dec 19, 2025Donlan Daniel PCFO and TreasurerBuy1,000$17.40$17.4KForm 4
Dec 8, 2025Donlan Daniel PCFO and TreasurerBuy1,000$17.34$17.3KForm 4
Sep 5, 2025Manheimer MarkPresident, CEO and SecretaryBuy5,600$17.94$100.5KForm 4
Mar 11, 2025Manheimer MarkPresident, CEO and SecretaryBuy2,500$14.87$37.2KForm 4
Mar 10, 2025Manheimer MarkPresident, CEO and SecretaryBuy6,384$15.33$97.9KForm 4
Mar 10, 2025Donlan Daniel PCFO and TreasurerBuy1,000$15.27$15.3KForm 4
Mar 7, 2025Manheimer MarkPresident, CEO and SecretaryBuy3,616$15.23$55.1KForm 4
Mar 3, 2025Donlan Daniel PCFO and TreasurerBuy1,000$15.00$15.0KForm 4
Aug 19, 2024Donlan Daniel PCFO and TreasurerBuy1,200$16.20$19.4KForm 4
May 16, 2024Minnis ToddDirectorSale6,250$17.86$111.6KForm 4
Sep 11, 2023Donlan Daniel PCFO and TreasurerBuy1,300$16.92$22.0KForm 4
Aug 3, 2023Manheimer MarkPresident, CEO and SecretaryBuy3,181$17.28$55.0KForm 4
Aug 3, 2023Donlan Daniel PCFO and TreasurerBuy1,300$17.25$22.4KForm 4
Mar 10, 2022Zeigler Robin McBrideDirectorSale1,563$21.36$33.4KForm 4
Mar 10, 2022Wittman LoriDirectorSale1,482$21.36$31.7KForm 4
Mar 10, 2022Everett HeidiDirectorSale1,516$21.36$32.4KForm 4
Mar 10, 2022Minnis ToddDirectorSale1,270$21.36$27.1KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.19,156,666$404.8M0.0%+9,376,620
Principal Financial Group Inc9,620,485$203.3M0.1%+84,684
Vanguard Portfolio Management LLC5,935,181$125.4M0.0%+1,726,201
Nuveen, LLC5,313,467$112.3M0.0%+169,995
State Street Corp5,191,937$109.7M0.0%+1,632,741
Goldman Sachs Group Inc4,958,565$104.8M0.0%+3,757,302
Millennium Management LLC4,600,699$97.2M0.1%+46,921
Vanguard Capital Management LLC4,319,548$91.3M0.0%+97,069
Two Sigma Investments, LP3,834,450$81.0M0.1%−86,981
Alyeska Investment Group, L.P.3,457,389$73.1M0.2%−668,571
Bank Of America Corp /de/2,983,697$63.0M0.0%−449,764
Geode Capital Management, LLC2,753,984$58.2M0.0%+322,535
Centersquare Investment Management LLC2,405,458$50.8M0.4%−452,897
GRS Advisors, LLC2,292,175$48.4M4.1%+47,868
Deutsche Bank Ag\2,110,237$44.6M0.0%+1,396,197
D. E. Shaw & Co., Inc.1,831,632$38.7M0.0%−380,571
Prudential Financial Inc1,773,707$37.5M0.0%−82,109
Alliancebernstein L.P.1,986,037$37.4M0.0%−239,692
Jupiter Topco LLC1,747,210$37.0M0.0%New
Charles Schwab Investment Management Inc1,580,130$33.4M0.0%+125,658
Wellington Management Group Llp1,557,676$32.9M0.0%+803,442
UBS Group AG1,540,005$32.5M0.0%+912,440
Nomura Asset Management International Inc.1,515,215$32.0M0.0%+70,043
Dimensional Fund Advisors LP1,374,833$29.1M0.0%+97,125
American Century Companies Inc1,365,056$28.8M0.0%−39,221

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

1 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Dec 12, 2022Christopher L. Jacobs, HouseBuy$1,001 - $15,000−103.8%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

Sources

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