NetSTREIT Corp 2026年季度报告

☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)OF THE SECURITIES EXCHANGE ACT OF 1934For the quarterly period ended March 31, 2026OR☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period from _____ to _____Commission File Number 001-39443 NETSTREIT Corp. (Exact name of registrant as specified in its charter) (Registrant’s telephone number, including area code) Name of Each Exchange on Which Registered The New York Stock Exchange Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject tosuch filing requirements for the past 90 days. Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submitsuch files). Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, oran emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerginggrowth company” in Rule 12b-2 of the Exchange Act. Accelerated filer☐Smaller reporting company☐Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with anynew or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No☒ The number of shares of the issuer’s common stock, par value $0.01, outstanding as of April 14, 2026 was 97,260,607. NETSTREIT CORP. AND SUBSIDIARIESTABLE OF CONTENTS PART I — FINANCIAL INFORMATION Item 1.Financial Statements (Unaudited)3Condensed Consolidated Balance Sheets as of March 31, 2026and December 31, 20253Condensed Consolidated Statements of Operations and Comprehensive Income(Loss) for the Three MonthsEnded March 31, 2026 and 20254Condensed Consolidated Statements of Changes in Equity for the Three Months Ended March 31, 2026 and20255Condensed Consolidated Statements of Cash Flows for the Three Months Ended March 31, 2026 and 20256Notes to the Condensed Consolidated Financial Statements7Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations30Item 3.Quantitative and Qualitative Disclosures About Market Risk42Item 4.Controls and Procedures43 PART II – OTHER INFORMATION Item 1.Legal ProceedingsItem 1A. Risk FactorsItem 2.Unregistered Sales of Equity Securities and Use of ProceedsItem 3.Defaults Upon Senior SecuritiesItem 4.Mine Safety DisclosuresItem 5.Other InformationItem 6.ExhibitsSignatures Table of Contents PART I — FINANCIAL INFORMATION NETSTREIT CORP. AND SUBSIDIARIESCONDENSED CONSOLIDATED BALANCE SHEETS(In thousands, except share and per share data)(Unaudited) NETSTREIT CORP. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME(LOSS)(In thousands, except share and per share data) (Unaudited) The accompanying notes are an integral part of these condensed consolidated financial statements. NETSTREIT CORP. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(In thousands)(Unaudited) The accompanying notes are an integral part of these condensed consolidated financial statements. NETSTREIT CORP. AND SUBSIDIARIESNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(Unaudited) Note 1 – Organization and Description of Business NETSTREIT Corp. (the “Company”) was incorporated on October 11, 2019 as a Maryland corporation and commencedoperations on December 23, 2019. The Company conducts its operations through NETSTREIT,L.P., a Delaware limitedpartnership (the “Operating Partnership”). NETSTREIT GP, LLC, a Delaware limited liability company and a whollyowned subsidiary of the Company, is the sole general partner of the Operating Partnership. The Company elected to be treated as and to qualify as a real estate investment trust (“REIT”) for U.S. federal income taxpurposes beginning with its short taxable year ended December 31, 2019. Additionally, the Operating Partnership formedNETSTREIT Management TRS, LLC (“NETSTREIT TRS”), which together with the Company jointly elected to betreated as a taxable REIT subsidiary under Section 856(a) of the Internal Revenue Code of 1986, as amended, (the“Code”) for U.S. federal income tax purposes. The Company is structured as an umbrella partnership real estate investment trust (commonly referred to as an “UPREIT”)and is an internally managed