Gaming & Leisure Properties, Inc.

GLPI · XNAS

CIK 1575965fmd_0GFHFK1XM2W6NK7EDQCFF4SACYFinance, Insurance and Real Estate · Real Estate Investment TrustsTemplate: Real estate

Coverage: Jan 01, 2011 to Sep 30, 2026, 60 periods

Income Statement · Annual · Millions · USD
Line item	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Total revenues	828	971	1,056	1,153	1,153	1,216	1,312	1,440	1,532	1,595
Rental revenue	684	829	–	996	1,031	1,107	1,173	1,286	1,331	1,368
Total interest income	–	–	–	–	–	–	0	0	11	–
Net interest income	184	215	–	–	–	–	(309)	(323)	(356)	–
Cost of revenue	–	–	–	75	57	53	0	0	–	–
Real estate taxes	69	85	89	0	0	–	–	–	–	–
Provision for credit losses	–	–	–	13	–	–	–	–	–	–
Gross profit	–	–	–	1,079	1,096	1,163	1,312	1,440	–	–
Depreciation and amortization	116	124	148	259	243	252	255	276	273	283
Gain on sale of real estate	0	(1)	0	(0)	41	22	67	0	4	0
Total operating expenses	348	366	462	436	344	–	–	–	–	–
Impairment of real estate	–	–	–	–	0	0	3	(2)	0	–
Operating income	481	606	594	717	809	842	1,030	1,069	1,131	1,201
Funds from operations (NAREIT definition, derived)	405	505	488	650	707	764	875	1,008	1,054	1,108
Interest expense	186	217	248	302	282	283	309	323	367	374
Interest and investment income	–	–	–	–	–	–	–	–	–	–
Other non-operating income (expense)	(184)	(215)	(249)	(322)	(300)	(279)	(310)	(311)	(321)	(349)
Income before taxes	297	390	344	396	510	562	720	757	810	853
Income tax expense	8	10	5	5	4	28	17	2	2	2
Net income from continuing operations	289	381	340	391	506	534	703	755	808	850
Net income	289	381	340	391	506	534	685	734	785	825
Net income to common shareholders	289	380	339	390	505	534	684	734	784	824