Sila Realty Trust Inc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Sila Realty Trust Inc reported revenue of $197.5M and net income of $33.1M (-22.4% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Rental revenue | $196.3M | $186.9M | — | — |
| Real estate related notes receivable interest income | $1.2M | — | — | — |
| Total revenues | $197.5M | — | $189.1M | $180.0M |
| Rental expenses | $23.8M | $23.1M | $20.2M | $17.9M |
| Listing-related expenses | $0 | $3.0M | — | — |
| General and administrative expenses | $20.9M | $25.3M | $23.9M | $22.1M |
| Depreciation and amortization | $76.9M | $74.8M | $74.3M | $77.2M |
| Impairment and disposition losses | $10.0M | $1.2M | — | — |
| Demolition costs | $1.0M | — | — | — |
| Total operating expenses | $132.6M | $127.5M | $142.6M | $164.7M |
| Gain on dispositions of real estate | $0 | $341.0K | $22.0K | $460.0K |
| Interest and other income | $1.2M | $4.1M | $702.0K | — |
| Interest expense | ($32.8M) | ($21.2M) | $23.1M | — |
| Increase in current expected credit loss reserve | ($180.0K) | — | — | — |
| Total other expense | ($31.8M) | ($16.7M) | — | — |
| Net income attributable to common stockholders | $33.1M | $42.7M | $24.0M | ($8.0M) |
| Other comprehensive loss - unrealized loss on interest rate swaps, net | ($12.4M) | ($5.2M) | ($11.4M) | $32.8M |
| Comprehensive income attributable to common stockholders | $20.8M | $37.4M | $12.7M | $24.9M |
| Basic (in shares) | 55.0M | 56.2M | 227.2M | 225.3M |
| Diluted (in shares) | 55.5M | 56.7M | 229.0M | 225.3M |
| Basic (in dollars per share) | $0.60 | $0.75 | $0.11 | -$0.03 |
| Diluted (in dollars per share) | $0.60 | $0.75 | $0.10 | -$0.03 |
| Line item | Mar 31, 2026 · Q1 | Sep 30, 2025 · Q3 | Jun 30, 2025 · Q2 | Mar 31, 2025 · Q1 |
|---|---|---|---|---|
| Rental revenue | $52.1M | $49.4M | $48.5M | $48.3M |
| Real estate related notes receivable interest income | $605.0K | $427.0K | $188.0K | — |
| Total revenues | $52.7M | $49.8M | $48.7M | — |
| Rental expenses | $6.0M | $5.9M | $6.0M | $6.3M |
| General and administrative expenses | $5.0M | $4.5M | $5.1M | $5.7M |
| Depreciation and amortization | $19.9M | $19.4M | $18.2M | $17.8M |
| Impairment losses | $0 | $0 | $3.3M | $3.5M |
| Demolition costs | $986.0K | $147.0K | — | — |
| Total operating expenses | $31.9M | $30.0M | $32.6M | $33.3M |
| Gain on dispositions of real estate | $2.5M | $0 | $0 | $0 |
| Interest and other income | $163.0K | $237.0K | $265.0K | $455.0K |
| Interest expense | ($9.0M) | ($8.5M) | ($7.8M) | ($7.3M) |
| Increase in current expected credit loss reserve | ($25.0K) | ($2.0K) | ($7.0K) | ($171.0K) |
| Merger-related costs | ($1.9M) | — | — | — |
| Total other expense | ($8.3M) | ($8.2M) | ($7.6M) | ($7.0M) |
| Net income attributable to common stockholders | $12.4M | $11.6M | $8.6M | $7.9M |
| Other comprehensive income (loss) - unrealized gain (loss) on interest rate swaps, net | $3.0M | ($866.0K) | ($4.1M) | ($7.1M) |
| Comprehensive income attributable to common stockholders | $15.5M | $10.7M | $4.5M | $760.0K |
| Basic (in shares) | 54.9M | 54.9M | 55.1M | 55.1M |
| Diluted (in shares) | 55.4M | 55.4M | 55.7M | 55.6M |
| Basic (in dollars per share) | $0.23 | $0.21 | $0.16 | $0.14 |
| Diluted (in dollars per share) | $0.22 | $0.21 | $0.15 | $0.14 |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Land | $171.8M | $160.7M | $157.8M | $163.4M |
| Buildings and improvements, less accumulated depreciation of $331,437 and $277,024, respectively | $1.6B | $1.5B | $1.5B | $1.7B |
| Total real estate, net | $1.8B | $1.7B | $1.6B | $1.9B |
| Cash and cash equivalents | $32.3M | $39.8M | $202.0M | $12.9M |
| Real estate related notes receivable, net of current expected credit loss reserve of $180 and $0, respectively | $17.1M | — | — | — |
| Intangible assets, less accumulated amortization of $112,292 and $122,208, respectively | $116.7M | $125.7M | $135.0M | $167.5M |
| Goodwill | $17.6M | $17.7M | $17.7M | $21.7M |
| Right-of-use assets - operating leases | $35.0M | $36.3M | $36.4M | $37.4M |
| Right-of-use assets - finance lease | $1.9M | — | — | — |
| Other assets | $85.1M | $79.9M | $79.8M | $100.2M |
| Total assets | $2.1B | $2.0B | $2.1B | $2.2B |
| Credit facility, net of deferred financing costs of $1,878 and $3,079, respectively | $674.1M | $521.9M | $523.2M | $580.6M |
| Accounts payable and other liabilities | $42.2M | $33.4M | $30.4M | $30.6M |
| Intangible liabilities, less accumulated amortization of $8,939 and $8,761, respectively | $5.8M | $7.1M | $10.5M | $11.9M |
| Operating lease liabilities | $41.0M | $41.5M | $41.2M | $41.6M |
| Finance lease liabilities | $77.0K | — | — | — |
| Total liabilities | $763.2M | $603.9M | $605.1M | $664.7M |
| Preferred stock, $0.01 par value per share, 100,000,000 shares authorized; none issued and outstanding | $0.00 | $0.00 | $0.00 | $0.00 |
| Common stock, $0.01 par value per share, 510,000,000 shares authorized; 61,939,043 and 61,779,631 shares issued, respectively; 54,876,558 and 55,075,006 shares outstanding, respectively | $549000.00 | $551000.00 | $2279000.00 | $2263000.00 |
| Additional paid-in capital | $2.0B | $2.0B | $2.0B | $2.0B |
| Distributions in excess of accumulated earnings | ($663.2M) | ($607.5M) | ($567.2M) | ($499.3M) |
| Accumulated other comprehensive (loss) income | ($1.0M) | $11.4M | $16.6M | $28.0M |
| Total stockholders’ equity | $1.3B | $1.4B | $1.5B | $1.6B |
| Total liabilities and stockholders’ equity | $2.1B | $2.0B | $2.1B | $2.2B |
| Line item | Mar 31, 2026 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 |
|---|---|---|---|---|
| Land | $170.9M | $171.8M | $161.7M | $160.7M |
| Buildings and improvements, less accumulated depreciation of $335,713 and $331,437, respectively | $1.6B | $1.6B | $1.6B | $1.6B |
| Total real estate, net | $1.8B | $1.8B | $1.7B | $1.7B |
| Cash and cash equivalents | $30.8M | $27.7M | $24.8M | $30.5M |
| Real estate related notes receivable, net of current expected credit loss reserve of $205 and $180, respectively | $17.1M | $17.1M | $7.8M | — |
| Intangible assets, less accumulated amortization of $112,584 and $112,292, respectively | $114.7M | $122.5M | $120.7M | $123.7M |
| Goodwill | $17.4M | $17.7M | $17.7M | $17.7M |
| Right-of-use assets - operating leases | $34.6M | $35.5M | $35.8M | $36.1M |
| Right-of-use assets - finance lease | $1.9M | $1.9M | $1.9M | $1.9M |
| Other assets | $86.0M | $83.2M | $82.5M | $83.4M |
| Total assets | $2.1B | $2.1B | $2.0B | $2.0B |
| Credit facility, net of deferred financing costs of $1,562 and $1,878, respectively | $688.4M | $673.8M | $578.5M | $554.1M |
| Accounts payable and other liabilities | $37.8M | $36.7M | $35.1M | $30.9M |
| Intangible liabilities, less accumulated amortization of $9,254 and $8,939, respectively | $5.5M | $6.1M | $6.4M | $6.8M |
| Operating lease liabilities | $40.5M | $41.1M | $41.3M | $41.3M |
| Finance lease liabilities | $69.0K | $76.0K | $75.0K | $74.0K |
| Total liabilities | $772.3M | $757.8M | $661.4M | $633.2M |
| Preferred stock, $0.01 par value per share, 100,000,000 shares authorized; none issued and outstanding | $0.00 | $0.00 | $0.00 | $0.00 |
| Common stock, $0.01 par value per share, 510,000,000 shares authorized; 62,066,544 and 61,939,043 shares issued, respectively; 54,954,347 and 54,876,558 shares outstanding, respectively | $550000.00 | $549000.00 | $549000.00 | $551000.00 |
| Additional paid-in capital | $2.0B | $2.0B | $2.0B | $2.0B |
| Distributions in excess of accumulated earnings | ($673.0M) | ($646.1M) | ($635.6M) | ($621.9M) |
| Accumulated other comprehensive income (loss) | $2.0M | ($713.0K) | $153.0K | $4.2M |
| Total stockholders’ equity | $1.3B | $1.3B | $1.4B | $1.4B |
| Total liabilities and stockholders’ equity | $2.1B | $2.1B | $2.0B | $2.0B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net income attributable to common stockholders | $33.1M | $42.7M | — | — |
| Depreciation and amortization | $76.9M | $74.8M | $74.3M | $77.2M |
| Amortization of deferred financing costs | $2.8M | $2.2M | $1.7M | $1.7M |
| Amortization of above- and below-market leases, net | ($529.0K) | $1.2M | $733.0K | $484.0K |
| Amortization of fees on real estate related notes receivable | ($94.0K) | — | — | — |
| Other amortization expenses | $733.0K | $735.0K | $794.0K | $2.3M |
| Increase in current expected credit loss reserve | $180.0K | — | — | — |
| Gain on dispositions of real estate | $0 | ($341.0K) | ($22.0K) | ($460.0K) |
| Loss on extinguishment of debt | $233.0K | $228.0K | $0 | $3.4M |
| Impairment and disposition losses | $10.0M | $1.2M | — | — |
| Straight-line rent adjustments, net of write-offs | ($9.3M) | ($5.6M) | ($2.2M) | ($7.3M) |
| Stock-based compensation | $4.8M | $5.8M | $6.3M | $4.2M |
| Accounts payable and other liabilities | $1.4M | $11.6M | $26.0K | ($170.0K) |
| Other assets | ($1.1M) | ($1.7M) | ($946.0K) | $909.0K |
| Net cash provided by operating activities | $119.1M | $132.8M | $128.9M | $121.7M |
| Investments in real estate | ($148.9M) | ($164.1M) | ($69.8M) | ($157.2M) |
| Net proceeds from real estate dispositions | $0 | $17.7M | $270.3M | $22.8M |
| Capital expenditures and other costs | ($8.3M) | ($3.0M) | ($3.2M) | ($8.4M) |
| Net payments of deposits for investments in real estate | ($150.0K) | ($350.0K) | — | $0 |
| Fundings of real estate related notes receivable | ($17.5M) | — | — | — |
| Fees received on real estate related notes receivable | $351.0K | — | — | — |
| Net cash (used in) provided by investing activities | ($174.5M) | ($149.7M) | $197.3M | ($142.8M) |
| Proceeds from credit facility | $164.0M | $270.0M | $50.0M | $845.0M |
| Payments on credit facility | ($13.0M) | ($270.0M) | ($108.0M) | ($762.0M) |
| Payments of deferred financing costs | ($5.8M) | ($2.6M) | ($193.0K) | ($6.9M) |
| Repurchases of common stock | ($8.6M) | ($61.5M) | ($12.4M) | ($9.2M) |
| Offering costs on issuance of common stock | $0 | ($61.0K) | ($47.0K) | ($192.0K) |
| Distributions to common stockholders | ($88.8M) | ($81.4M) | ($66.5M) | ($65.3M) |
| Net cash provided by (used in) financing activities | $47.8M | ($145.5M) | ($137.1M) | $1.3M |
| Net change in cash, cash equivalents and restricted cash | ($7.6M) | ($162.3M) | $189.1M | ($19.8M) |
| Cash, cash equivalents and restricted cash - Beginning of year | $39.8M | $202.2M | $13.1M | $32.9M |
| Cash, cash equivalents and restricted cash - End of year | $32.3M | $39.8M | $202.2M | $13.1M |
| Interest paid, net of interest capitalized of $8, $0 and $0, respectively | $29.2M | $18.3M | $21.7M | $17.4M |
| Common stock issued through distribution reinvestment plan | $0 | $10.0M | $24.8M | $24.8M |
| Change in accrued distributions related to common stock and performance-based deferred stock unit awards | $31.0K | — | — | — |
| Change in accrued capital expenditures and other costs | $3.8M | $507.0K | — | — |
| Change in accrued acquisition costs related to investments in real estate | $3.0K | — | — | — |
| Right-of-use assets obtained in exchange for new operating lease liabilities | $0 | $814.0K | $0 | $15.3M |
| Right-of-use assets obtained in exchange for new finance lease liabilities | $74.0K | — | — | — |
| Line item | Mar 31, 2026 · Q1 | Sep 30, 2025 · YTD | Jun 30, 2025 · YTD | Mar 31, 2025 · Q1 |
|---|---|---|---|---|
| Net income attributable to common stockholders | $12.4M | $28.1M | $16.5M | $7.9M |
| Depreciation and amortization | $19.9M | $55.3M | $35.9M | $17.8M |
| Amortization of deferred financing costs | $725.0K | $2.1M | $1.4M | $652.0K |
| Amortization of above- and below-market leases, net | ($137.0K) | ($392.0K) | ($258.0K) | ($129.0K) |
| Amortization of fees on real estate related notes receivable | ($35.0K) | ($59.0K) | ($24.0K) | — |
| Other amortization expenses | $181.0K | $549.0K | $366.0K | $184.0K |
| Increase in current expected credit loss reserve | $25.0K | $180.0K | $178.0K | $171.0K |
| Gain on dispositions of real estate | ($2.5M) | $0 | $0 | $0 |
| Loss on extinguishment of debt | $0 | $233.0K | $233.0K | $233.0K |
| Impairment losses | $0 | $6.8M | $6.8M | $3.5M |
| Straight-line rent adjustments, net of write-offs | ($3.0M) | ($7.1M) | ($4.7M) | ($2.4M) |
| Stock-based compensation | $1.2M | $3.8M | $2.5M | $1.3M |
| Accounts payable and other liabilities | ($812.0K) | ($2.7M) | ($1.7M) | ($3.6M) |
| Other assets | $1.5M | ($768.0K) | ($1.2M) | ($1.4M) |
| Net cash provided by operating activities | $29.5M | $86.1M | $56.1M | $24.1M |
| Investments in real estate | ($43.3M) | ($148.9M) | ($59.5M) | ($35.3M) |
| Net proceeds from real estate dispositions | $24.8M | $0 | $0 | $0 |
| Capital expenditures and other costs | ($3.4M) | ($2.4M) | ($1.1M) | ($577.0K) |
| Net payments of deposits for investments in real estate | $500.0K | $350.0K | $350.0K | ($150.0K) |
| Net cash used in investing activities | ($21.4M) | ($168.1M) | ($68.1M) | ($36.0M) |
| Proceeds from credit facility | $51.0M | $156.0M | $61.0M | $32.0M |
| Payments on credit facility | ($37.0M) | ($5.0M) | ($5.0M) | $0 |
| Payments of deferred financing costs | $0 | ($5.8M) | ($5.8M) | ($5.8M) |
| Repurchases of common stock | ($1.2M) | ($8.6M) | ($8.5M) | ($1.1M) |
| Distributions to common stockholders | ($22.4M) | ($66.7M) | ($44.7M) | ($22.5M) |
| Net cash (used in) provided by financing activities | ($9.6M) | $69.8M | ($3.0M) | $2.5M |
| Net change in cash and cash equivalents | ($1.5M) | ($12.1M) | ($15.0M) | ($9.4M) |
| Cash and cash equivalents - Beginning of period | $32.3M | $39.8M | $39.8M | $39.8M |
| Cash and cash equivalents - End of period | $30.8M | — | — | — |
| Interest paid | $8.4M | $20.9M | $13.3M | $6.5M |
| Change in accrued distributions related to performance-based deferred stock unit awards | ($200.0K) | ($40.0K) | — | — |
| Change in accrued capital expenditures and other costs | ($1.0M) | $2.2M | ($345.0K) | ($527.0K) |
| Change in accrued acquisition costs related to investments in real estate | $0 | $11.0K | $6.0K | $5.0K |
| Right-of-use assets obtained in exchange for new finance lease liabilities | $0 | $74.0K | $74.0K | $74.0K |
Sila Realty Trust Inc score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.