Realty Income Corporation Reports Q3 2026 Operating Results and Raises AFFO Guidance

Realty Income reported Q3 2026 net income of $403.9 million, or $0.43 per share, while AFFO rose 3.7% year over year to $1.12 per share. The company invested $2.6 billion at an initial weighted average cash yield of 6.8% and raised its 2026 AFFO guidance to $4.45–$4.46 per share, reaffirming its $10.0 billion annual investment target. Realty Income reported a 103.5% rent recapture rate on re-leased properties and said it is expanding its private capital platform into Europe through a joint venture with KKR.