v3.25.4
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Revenue      
Rental income $ 843,009 $ 762,892 $ 705,160
Other income 2,175 4,492 2,675
Total revenue 845,184 767,384 707,835
Expenses      
Property 171,825 154,828 139,596
General and administrative 51,933 49,202 47,491
Depreciation and amortization 301,797 293,077 278,447
Loss on impairment 888 4,967 0
Other expenses 1,798 2,332 4,693
Total expenses 528,241 504,406 470,227
Other income (expense)      
Interest and other income 385 44 68
Interest expense (132,160) (113,169) (94,575)
Debt extinguishment and modification expenses (1,503) (703) 0
Gain on involuntary conversion 1,855 11,843 0
Gain on the sales of rental property, net 93,750 32,273 54,100
Total other income (expense) (37,673) (69,712) (40,407)
Net income 279,270 193,266 197,201
Less: income attributable to noncontrolling interest in operating partnership 5,751 4,046 4,356
Net income attributable to STAG Industrial, Inc. 273,519 189,220 192,845
Less: amount allocated to participating securities 169 182 212
Net income attributable to common stockholders $ 273,350 $ 189,038 $ 192,633
Weighted average common shares outstanding — basic 186,844 182,160 180,221
Weighted average common shares outstanding — diluted 187,174 182,404 180,555
Net income per share attributable to common stockholders — basic $ 1.46 $ 1.04 $ 1.07
Net income per share attributable to common stockholders — diluted $ 1.46 $ 1.04 $ 1.07