Realty Income (O) Revenue — Quarter Ended Dec 31, 2025
Revenue for the quarter increased compared with both the prior quarter and the same quarter a year earlier. The trailing twelve-month revenue also showed growth.
Key takeaway
Quarter ended Dec 31, 2025 · FY2025 Q4
Revenue for the quarter increased compared with both the prior quarter and the same quarter a year earlier. The trailing twelve-month revenue also showed growth.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.5B
Revenue reported for this quarter.
Quarter-over-quarter
+1.2%
Change from the immediately preceding quarter.
Year-over-year
+11.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$5.7B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2025 | $1.4B | +9.5% |
| Jun 30, 2025 | $1.4B | +5.3% |
| Sep 30, 2025 | $1.5B | +10.5% |
| Dec 31, 2025 | $1.5B | +11.0% |
Revenue performance
The reported revenue rose sequentially, continuing the positive trend seen through the year.
Quarterly comparison
Revenue was higher than the immediately preceding quarter and the same quarter one year ago, with the year-over-year increase exceeding the sequential gain.
What to watch
The filing highlights the company's significant indebtedness and reliance on capital markets, which may affect future financial flexibility.