ESSENTIAL PROPERTIES REALTY TRUST, INC.

EPRT ·Real Estate, REIT - Diversified, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2026 FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019
Revenue $561.2M $449.6M $359.6M $286.5M $230.2M $164.0M $139.4M
Cost of Revenue
Gross Profit
Gross Margin
Operating Expenses
Research & Development
SG&A Expense $40.9M $35.2M $30.7M $29.5M $24.3M $24.4M $21.7M
Operating Income $359.9M $278.2M $242.8M $175.4M $134.4M $72.8M $79.8M
Operating Margin 64.1% 61.9% 67.5% 61.2% 58.4% 44.4% 57.3%
Interest Expense $52.6M $40.4M $33.6M $29.7M $27.0M
Pretax Income $254.4M $204.3M $192.1M $135.7M $96.4M $42.7M $48.3M
Income Tax Expense $644.0K $628.0K $636.0K $998.0K $227.0K $212.0K $303.0K
Net Income $253.0M $203.0M $190.7M $134.1M $95.7M $42.3M $41.8M
Net Margin 45.1% 45.2% 53.0% 46.8% 41.6% 25.8% 30.0%
EPS (Basic) $1.29 $1.16 $1.25 $0.99 $0.82 $0.44 $0.65
EPS (Diluted) $1.28 $1.15 $1.24 $0.99 $0.82 $0.44 $0.63
Shares Outstanding (Basic) 209.9M 196.1M 173.9M 152.1M 134.9M 116.4M 95.3M 64.1M
Shares Outstanding (Diluted) 209.9M 198.1M 177.1M 153.5M 135.9M 117.5M 96.2M 75.3M
Dividends Per Share $0.88
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