FCPT Q2 FY26 net income slips to $30 million; revenue rises 8% to $70 million
Reuters2026/07/29 21:07- FCPT Q2 2026 net income attributable to common shareholders rose to $29.96 million; diluted EPS held at $0.27.
- Rental revenue increased 8% year over year to $70.04 million; AFFO per diluted share rose 1.4% to $0.45.
- Portfolio rent collections reached 99.7% of contractual base rent; occupancy stood at 99.5% across 1,336 properties.
- Q2 acquisitions totaled $57.2 million for 23 properties at a 6.8% initial weighted average cash yield; no properties were sold.
- July included a record $268 million Mission Pet Health portfolio buy; Darden exposure fell to about 41% of total rent.
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