Getty Realty Corp (GTY) Earnings: Q3 2026 Results

The quarter ended September 30, 2026 and Getty Realty published the results on October 21, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. Getty Realty reports EPS two ways: GAAP, under the accounting rules every US filer follows, and AFFO per diluted share, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• Getty Realty is a REIT. Revenue here is the "Total revenues" line of its statement of operations: revenues from rental properties plus interest on notes and mortgages receivable. EPS is diluted net earnings per common share; Getty's headline measure is adjusted funds from operations (AFFO) per diluted share, shown in the adjusted row. Getty reports in thousands; figures here are in millions.

Source: Getty Realty Q3 2026 results, October 21, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

How Getty Realty splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

• Getty Realty's Revenues from rental properties revenue was $62.3 million in Q3 2026, up 13% from $55.2 million in Q3 2025, 99% of total revenue.
• Getty Realty's Interest on notes and mortgages receivable revenue was $0.7 million in Q3 2026, up 68% from $0.4 million in Q3 2025, 1% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

In its Q3 2026 release, Getty Realty said:

“The Company is increasing its 2026 AFFO guidance to a range of $2.53 to $2.54 per diluted share from the prior range of $2.52 to $2.54 per diluted share.”

“The Company's outlook includes completed transaction activity as of the date of this release, but does not include prospective acquisitions, dispositions, or capital markets activities (including the settlement of outstanding forward sale agreements).”

Source: Getty Realty Q3 2026 release, Oct 21, 2026.

This is the company's own guidance as of Oct 21, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the GTY forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

Total revenues and diluted net earnings per common share, each as first reported in that quarter's release.

We do not hold a confirmed date for Getty Realty's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 2026 (this page), reported Oct 21, 2026

Getty Realty's total revenues were $63.0 million in Q3 2026, against $55.6 million a year earlier. Revenues from rental properties were $62.3 million against $55.2 million, made up of rental income ($60.8 million) and tenant reimbursement income ($1.5 million), and interest on notes and mortgages receivable was $725 thousand against $432 thousand. Base rental income grew 13.8% to $59.3 million from $52.1 million, which Getty attributes to recently acquired properties and contractual rent increases on in-place leases, partly offset by property dispositions. (Getty Realty Q3 2026 release, Oct 21, 2026)

Getty Realty owns convenience stores, express tunnel car washes, automotive service centers, drive-thru quick service restaurants and other freestanding retail properties. At September 30, 2026 the portfolio was 1,269 properties in 46 states and Washington, D.C. Substantially all of them are leased on a triple-net basis, and the weighted average remaining lease term, excluding renewal options, was 10.8 years. (Getty Realty Form 10-K, 2025, Feb 12, 2026; Getty Realty Q3 2026 release, Oct 21, 2026; Getty Realty Form 10-Q, Q3 2026, Oct 22, 2026)

Two tenants account for a fifth of Getty's revenue. ARKO Corp. leased 148 properties and generated 11% of total revenues (12% a year earlier), and Global Partners LP leased 125 properties and generated 9% (10%). Getty still owns or leases 278 properties previously leased to Getty Petroleum Marketing, of which 255 are under nine long-term triple-net leases with petroleum distributors. (Getty Realty Form 10-Q, Q3 2026, Oct 22, 2026)

In Q3 2026 Getty invested $297.4 million at a 6.9% initial cash yield. That included 53 properties bought for $286.0 million (42 convenience stores, nine auto service centers and two drive-thru quick service restaurants) and $11.3 million of development funding. After quarter end it invested $46.3 million more at 7.6%, bringing year-to-date investment to $502.3 million at 7.2%. It sold eight properties in the quarter for gross proceeds of $11.6 million. (Getty Realty Q3 2026 release, Oct 21, 2026)

Getty Realty's diluted net earnings per share were $0.40 in Q3 2026, the same as a year earlier, on net earnings of $25.6 million against $23.3 million. AFFO per diluted share rose to $0.64 from $0.62, while FFO per diluted share fell to $0.61 from $0.66. (Getty Realty Q3 2026 release, Oct 21, 2026)

The FFO and AFFO lines moved apart because of items AFFO removes. In Q3 2025 environmental expenses were a credit of $3.4 million, mainly from a change in environmental estimates, which lifted net earnings and FFO; AFFO excludes environmental adjustments. In Q3 2026 AFFO also added back $1.9 million of retirement and severance costs tied to the departure of former executive officers, plus $1.5 million of stock-based compensation, and deducted $3.1 million of straight-line rent. FFO itself adds back $18.3 million of real estate depreciation and amortization and removes a $5.4 million gain on dispositions, against $338 thousand a year earlier. (Getty Realty Q3 2026 release, Oct 21, 2026)

Per-share growth trails total growth because Getty's share count rose: AFFO rose 14.0% to $41.1 million while diluted weighted average shares rose to 62.6 million from 56.8 million. In the quarter Getty settled about 5.1 million forward-sale shares for net proceeds of about $164.6 million. Interest expense rose to $13.4 million from $11.5 million. (Getty Realty Q3 2026 release, Oct 21, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Getty Realty publishes full-year AFFO per share guidance in its release. With Q3 2026 it raised the 2026 range to $2.53 to $2.54 per diluted share from $2.52 to $2.54. The outlook counts only transactions completed by the date of the release and leaves out prospective acquisitions, dispositions and capital markets activity, including settlement of outstanding forward sales. Getty does not reconcile the guidance to a GAAP figure. AFFO per diluted share for the first nine months of 2026 was $1.89, against $1.80. (Getty Realty Q3 2026 release, Oct 21, 2026)

At October 21, 2026 Getty had a committed investment pipeline of more than $75 million for 29 convenience and automotive retail properties, and about 1.5 million shares under forward sale agreements expected to raise about $51.8 million. After quarter end it added a $200.0 million term loan maturing October 16, 2028, at an effective rate of 5.03%, and used the proceeds to repay revolver borrowings. (Getty Realty Q3 2026 release, Oct 21, 2026)

A consensus figure is the average of the models published by the analysts who cover Getty Realty, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones Getty Realty's own release and filings put weight on for Q3 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning GTY is on is GTY a buy or a sell?, what analysts expect next is on the GTY forecast, and what the company does is on the Getty Realty Corp (GTY) stock page.

Every number on this page can be traced to a document Getty Realty published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.