STAG Industrial, Inc. (STAG) SEC Filings & Earnings Calls
EquiReason read 11 STAG Industrial, Inc. SEC filings in the last 12 months. Latest: 8-K on 2026-07-28 — STAG Industrial reported Q2 2026 results: net income $52.9M, Core FFO $0.65/diluted share (+3.2% YoY), Same Store Cash NOI $158.8M (+3.4% YoY), occupancy 94.5%, acquired 7 building.
Source: SEC EDGAR filings · figures as of 2026-06-30 · read by EquiReason
STAGSTAG Industrial, Inc.Follow STAG — free
—
Price chart with a free account
- Market cap
- 7.0B
- P/E TTM
- 27.9
- Dividend yield
- 4.2%
- 52-week
- —
- Next earnings
- 27 Oct, in 3 days
Every filing, read
last 12 months · SECWhat happened, the numbers inside, guidance and risks. The original is one click away.
28 Jul 20268-K · 2.02STAG Industrial reported Q2 2026 results: net income $52.9M, Core FFO $0.65/diluted share (+3.2% YoY), Same Store Cash NOI $158.8M (+3.4% YoY), occupancy 94.5%, acquired 7 buildings for $287.1M, pipeline $4.0B. Guidance not provided.earningsopen
Figures in the filing · each found in the filing text
| Net income attributable to common stockholders · Q2-2026 | $53M | +6% y/y |
| Core FFO per diluted share · Q2-2026 | $0.65 | +3% y/y |
| Same Store Cash NOI · Q2-2026 | $159M | +3% y/y |
| Occupancy Rate · Total Portfolio · Q2-2026 | 94.5% | |
| Cash Rent Change · Operating Portfolio · Q2-2026 | 19.8% | |
| Acquisition Volume · Q2-2026 | $287M | |
| Cash Available for Distribution · Q2-2026 | $101M | +3% y/y |
| Adjusted EBITDAre · Q2-2026 | $162M | +6% y/y |
| Cash NOI · Q2-2026 | $172M | +7% y/y |
Risks flagged
Occupancy slightly below 95% may indicate some vacancy pressure
“Occupancy Rate 94.5% on total portfolio”
28 Jul 202610-QSTAG reported Q2 2026 results with same store NOI growth of 2.2% YoY and strong leasing spreads, but occupancy declined slightly.earningsopen
Figures in the filing · each found in the filing text
| Revenue · Q2-2026 | $224M | +8% y/y |
| Net Income · Q2-2026 | $54M | +6% y/y |
| Occupancy Rate · Same Store · Q2-2026 | 96.0% | |
| Cash Rent Change · Operating Portfolio · Q2-2026 | 19.8% | |
| Acquisition Volume · H1-2026 | $388M | |
| Cash NOI Same Store · Same Store · Q2-2026 | $163M | +2% y/y |
Risks flagged
Occupancy Decline
“Same store occupancy decreased approximately 1.8% to 96.0% as of June 30, 2026 compared to 97.8% as of June 30, 2025.” · word for word
Macroeconomic Uncertainty
“Trade policies, geopolitical tensions, and macro-economic conditions continue to evolve and could result in tighter credit conditions, weakening tenant cash flows, and rising vacancy rates.” · word for word
22 Jul 20268-K · 1.01, 2.03STAG Industrial refinanced and extended $350M unsecured term loan, reduced spread by 5bps, extended maturity to Jan 2032, and amended $1.0B credit facility and other term loans with similar spread reduction.open
Risks flagged
No new risk signals; refinancing reduces near-term refinancing risk
“Maturity extended to 2032, spreads reduced, fixed-rate swaps lock in rates.”
28 Apr 20268-K · 2.02Core FFO per share — diluted $0.65 (+7% y/y); Same Store Cash NOI $159M (+4% y/y); Occupancy Rate 95.1earningsopen
Figures in the filing · each found in the filing text
| Core FFO per share — diluted · Q1-2026 | $0.65 | +7% y/y |
| Same Store Cash NOI · Q1-2026 | $159M | +4% y/y |
| Occupancy Rate · Q1-2026 | 95.1% | |
| Cash Rent Change · Q1-2026 | 20.9% | |
| Net income attributable to common stockholders · Q1-2026 | $62M | -32% y/y |
| Cash Available for Distribution · Q1-2026 | $110M | +3% y/y |
| Acquisition volume · Q1-2026 | $81M | |
| Pipeline · Q1-2026 | $3.90B |
Risks flagged
Net income decline due to non-cash items may concern some investors, but core metrics strong.
“Net income down 32.2% YoY to $62.0M.”
28 Apr 202610-QTotal operating revenue $224M (+9% y/y); Net income $63M (-32% y/y); Same-store occupancy rate 96.6open
Figures in the filing · each found in the filing text
| Total operating revenue · Q1-2026 | $224M | +9% y/y |
| Net income · Q1-2026 | $63M | -32% y/y |
| Same-store occupancy rate · same_store · 2026-03-31 | 96.6% | |
| Same-store NOI · same_store · Q1-2026 | $164M | +4% y/y |
| Cash rent change · operating_portfolio · Q1-2026 | 20.9% | |
| Number of buildings · same_store · 2026-03-31 | 569 | |
| Total annualized base rental revenue · 2026-03-31 | $694M |
Risks flagged
Macroeconomic uncertainty and recession risk
“the general consensus among economists is a higher risk of recession or stagflation.” · word for word
Trade policy impact on tenant demand
“Trade policies, geopolitical tensions, and macro-economic conditions continue to evolve and could result in tighter credit conditions, weakening tenant cash flows, and rising vacancy rates.” · word for word
Slow acquisition activity
“our acquisition activity to date in 2026 has been slow relative to our historical acquisition pace.” · word for word
18 Mar 2026DEF 14AAnnual proxy statement filed, detailing executive compensation and governance practices.open
Figures in the filing · each found in the filing text
| Revenue · FY2025 | $845M | +10% y/y |
| Net Income · FY2025 | $279M | +45% y/y |
| Occupancy Rate (Total Portfolio) · FY2025 | 96.4% | |
| FFO · FY2025 | $488M | +6% y/y |
| NOI · FY2025 | $673M | +10% y/y |
| Acquisition Volume · FY2025 | $458M | |
| Same Store Cash NOI Growth · FY2025 | 4.3% | |
| Core FFO per Share · FY2025 | $2.55 |
Risks flagged
Interest Rate Sensitivity
“No specific risk evidence; generic REIT interest rate risk.”
12 Feb 20268-K · 8.01Disclosed a material event under other events (litigation, recall, contract loss, or major announcement); filed financial statements and exhibits with this reportopen
Risks flagged
Potential dilution from ATM sales
“at-the-market offering of shares of the Company’s common stock having an initial aggregate offering price of up to $750,000,000” · word for word
11 Feb 20268-K · 2.02Net income attributable to common stockholders $83M (+64% y/y); Core FFO per diluted share $0.66 (+8% y/y); Same Store Cash NOI $149M (+5% y/y)earningsopen
Figures in the filing · each found in the filing text
| Net income attributable to common stockholders · Q4-2025 | $83M | +64% y/y |
| Core FFO per diluted share · Q4-2025 | $0.66 | +8% y/y |
| Same Store Cash NOI · Q4-2025 | $149M | +5% y/y |
| Occupancy Rate (Total Portfolio) · Q4-2025 | 96.4% | |
| Cash Rent Change · Q4-2025 | 16.3% | |
| Acquisition Volume · Q4-2025 | $286M | |
| Cash Available for Distribution · Q4-2025 | $99M | +12% y/y |
| Adjusted EBITDAre · Q4-2025 | $159M | +10% y/y |
11 Feb 202610-KOccupancy Rate 96.4; Operating Portfolio Occupancy 97.2; Straight-line Rent Change 38.2open
Figures in the filing · each found in the filing text
| Occupancy Rate · 2025-12-31 | 96.4% | |
| Operating Portfolio Occupancy · Operating Portfolio · 2025-12-31 | 97.2% | |
| Straight-line Rent Change · FY2025 | 38.2% | |
| Cash Rent Change · FY2025 | 24.0% | |
| Buildings Number · 2025-12-31 | 601 | |
| Rentable Square Feet · 2025-12-31 | 120,000,000 |
Risks flagged
Lease Expiration Concentration
“leases with respect to approximately 21.8% (excluding month-to-month leases) of our total annualized base rental revenue will expire before December 31, 2027.” · word for word
Interest Rate Sensitivity
“Historically, during periods of increasing interest rates, real estate valuations have generally decreased due to rising capitalization rates, which tend to move directionally with interest rates.” · word for word
29 Oct 20258-K · 2.02Net income attributable to common stockholders $49M (+16% y/y); Core FFO per diluted share $0.65 (+8% y/y); Same Store Cash NOI $146M (+4% y/y)earningsopen
Figures in the filing · each found in the filing text
| Net income attributable to common stockholders · Q3-2025 | $49M | +16% y/y |
| Core FFO per diluted share · Q3-2025 | $0.65 | +8% y/y |
| Same Store Cash NOI · Q3-2025 | $146M | +4% y/y |
| Occupancy Rate · Q3-2025 | 95.8% | |
| Acquisition volume · Q3-2025 | $102M | |
| Cash Rent Change · Q3-2025 | 27.2% |
29 Oct 202510-QSTAG reported Q3 2025 results with same-store NOI growth of 4.6% YoY, but occupancy declined 100 bps and acquisition activity slowed.earningsopen
Figures in the filing · each found in the filing text
| Same Store Occupancy Rate · Same Store Portfolio · Q3-2025 | 96.9% | |
| Same Store NOI · Same Store Portfolio · Q3-2025 | $150M | +5% y/y |
| Total Revenue · Total Portfolio · Q3-2025 | $211M | +11% y/y |
| Net Income · Total Portfolio · Q3-2025 | $50M | +16% y/y |
| Cash Rent Change (Total Leases) · Operating Portfolio · Q3-2025 | 27.2% | |
| Acquisition Volume · Total Portfolio · 9M-2025 | $172M | |
| Number of Buildings · Same Store Portfolio · Q3-2025 | 543 | |
| Cash NOI Same Store · Same Store Portfolio · Q3-2025 | $150M | +5% y/y |
Risks flagged
Tariff-Induced Recession Risk
“Going forward, due to the U.S.'s recent implementation of extraordinary tariffs, the general consensus among economists is a higher risk of recession or stagflation.” · word for word
Moderating Industrial Demand
“Overall, demand across the industrial market is moderating relative to recent peaks.” · word for word
Rising Vacancy Rates
“Same store occupancy decreased approximately 1.0% to 96.9% as of September 30, 2025 compared to 97.9% as of September 30, 2024.” · word for word
Slowing Acquisition Activity
“However, given the current uncertainty and events discussed above, our acquisition activity has continued to slow since 2022 relative to our historical acquisition pace.” · word for word
STAG Industrial, Inc. — questions
- What did STAG Industrial, Inc. file recently?
- 11 SEC filings in the last 12 months. Latest: 8-K on 2026-07-28 — STAG Industrial reported Q2 2026 results: net income $52.9M, Core FFO $0.65/diluted share (+3.2% YoY), Same Store Cash NOI $158.8M (+3.4% YoY), occupancy 94.5%, acquired 7 buildings for $287.1M, pipeline $4.0B. Guidance not provided.
Every figure on this page comes from STAG Industrial, Inc.'s own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.