How Global Net Lease makes money

Period

FY2025

How does Global Net Lease make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Global Net Lease Inc. · FY2025 · year ended 2025-12-31

Revenue$495MNet loss$225M · 46%Cost of revenue$0 · 0%Gross profit$495M · 100%Operating expenses$384M · 78%SG&A$53M · 11%Other opex$332M · 67%Income tax$22M · 4%Other expense$315M · 64%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.