How NNN REIT (NNN) Makes Money: A Visual Guide

NNN REIT (NNN) generated $926.21M in revenue (TTM through Q4 2025), earning $389.78M in net profit (42.1% margin). Below is an interactive breakdown of how revenue flows through the income statement.

NNN REIT (NNN) Income Statement Flow

Frequently asked questions

How much revenue does NNN REIT (NNN) generate?

NNN REIT (NNN) generated $926.21M in total revenue for TTM through Q4 2025 with a net profit margin of 42.1%.

What is NNN REIT (NNN) gross profit margin?

NNN REIT (NNN) reported a gross profit margin of 81.2% for TTM through Q4 2025, equivalent to $752.39M in gross profit. This means NNN REIT retains 81.2% of each revenue unit after direct costs of production.

What is NNN REIT (NNN) operating profit margin?

NNN REIT (NNN) reported an operating profit margin of 63.6% for TTM through Q4 2025, equivalent to $589.49M in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.

What is NNN REIT (NNN) net profit margin?

NNN REIT (NNN) reported a net profit margin of 42.1% for TTM through Q4 2025, equivalent to $389.78M in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.

What is NNN REIT (NNN) free cash flow?

NNN REIT (NNN) generated $667.13M in free cash flow for TTM through Q4 2025 (72.0% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.

Data & methodology

What is a Sankey diagram?

A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.

How is the data calculated?

We use the income statement from company filings. For TTM (Trailing Twelve Months), we sum the last four quarters. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.

When was this data last updated?

Based on company filings through TTM through Q4 2025.