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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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TTENK/calls
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Home›NLOP›Financials
Annual statements · SEC XBRL · FY2021 – FY2025

Net Lease Office Properties (NLOP) financials

Income statement

Net Lease Office Properties (NLOP) income statement, annual, from SEC filings
Fiscal yearFY2021FY2022FY2023FY2024FY2025
Revenue$148M$156M$175M$142M$119M
Revenue growth—5.6%12.0%-18.7%-16.4%
Net income$1.42M$15.8M-$132M-$91.5M-$145M
Net margin1.0%10.1%-75.3%-64.3%-122.2%
EPS (diluted)—$1.08-$9.00-$6.18-$9.81

Cash flow

Net Lease Office Properties (NLOP) cash flow, annual, from SEC filings
Fiscal yearFY2021FY2022FY2023FY2024FY2025
Operating cash flow$75.3M$84.3M$71.0M$71.9M$64.1M
Dividends paid—$0.00$0.00$1.07M$45.9M

Balance sheet

Net Lease Office Properties (NLOP) balance sheet, annual, from SEC filings
Fiscal yearFY2021FY2022FY2023FY2024FY2025
Cash & equivalents$3.97M$4.67M$16.3M$25.1M$120M
Total assets—$1.46B$1.31B$805M$453M
Total liabilities—$353M$624M$220M$156M
Long-term debt—$276M$542M$169M$21.9M
Shareholders' equity$1.06B$1.11B$677M$581M$294M
Shares (wtd avg diluted)14.6M14.6M14.6M14.8M14.8M

Every figure is extracted from Net Lease Office Properties’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Net Lease Office Properties's annual revenue?
Net Lease Office Properties (NLOP) reported $119M of revenue for fiscal year 2025 — down 16.4% from $142M in FY2024, per its annual report filed with the SEC.
Is Net Lease Office Properties profitable?
Not in FY2025 — NLOP reported a net loss of $145M, per SEC filings.
Does NLOP pay a dividend?
Yes — Net Lease Office Properties paid $45.9M in cash dividends during FY2025, per its SEC cash-flow statement.
Full NLOP analysis — verdict, score & filings →Is NLOP a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.