REIT boardRanked among REITs, not on the main board. A REIT's earnings are dominated by depreciation on assets that typically appreciate, so net margin and return on assets understate it against an operating company.
AI-extracted from the 10-Q filed 2026-08-04 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Q2 revenue grew 22.4% YoY to $28.6M on 37 property acquisitions, with net income up 37% to $6.4M as the company expanded its postal property portfolio.
Biggest Revenue Drivers
Rental income$28.0M+23.3% YoY
Volume of acquisitions and execution of new leases with annual escalations.
Fee and other$0.6M-9.8% YoY
Decrease in professional services income.
Biggest Revenue Drivers
Total revenue: $28.6M+22.4% YoY
Rental income$28.0M+23.3% YoY
Volume of acquisitions and execution of new leases with annual escalations.
Fee and other$0.6M-9.8% YoY
Decrease in professional services income.
Largest Expense Items
Depreciation and amortization$6.7M+13.8% YoY
Volume of acquisitions.
Real estate taxes$3.2M+15.5% YoY
Volume of acquisitions.
General and administrative$4.7M+9.3% YoY
Increase in net compensation costs and public-company related costs.
Property operating expenses$2.6M+30.6% YoY
Higher costs pertaining to offshore property management support.
Watch Items from the Filing
USPS represents virtually 100% of rental revenue; any USPS financial distress, facility consolidation, or lease non-renewal could materially impact revenue.
Pennsylvania concentrated at 10.2% of total rental income ($5.5M) in H1 2026; geographic concentration risk with single state representing over 10% of revenue.
As of June 30, 2026, 9 leases at 8 properties had expired and USPS occupying as holdover tenant; successful lease renewals critical to maintain revenue stability.
Company lost smaller reporting company status in Q1 2027, requiring SOX 404(b) auditor attestation by end of 2027; increased compliance costs and management resources needed.
CEO Andrew Spodek personally guarantees $1.8M of secured borrowings; potential conflict if CEO interests diverge from company's debt repayment obligations.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Brandwein MattEVP & Chief Accounting OfficerGrant or award · Feb 3, 2026
Bakke Stephen MichaelEVP & Chief Financial OfficerGrant or award · Feb 1, 2026
About Postal Realty Trust, Inc. (PSTL): stock profile, AI score and financials
Postal Realty Trust, Inc. (PSTL) stock profile, AI quality score, and SEC EDGAR financial data, a Real Estate sector company. 13F Pro's AI-powered ranking engine scores PSTL at 64.9/100 on a composite quality score built from its SEC filings, placing it at rank #36 of 148 stocks — the top 25% of the AI-ranked universe. Based on the latest XBRL financial filings (Q2 2026), Postal Realty Trust, Inc. reports quarterly revenue of $28.6M, net income of $5.1M, an operating margin of 39.5%. Top institutional holders of PSTL by reported 13-F value include FMR, BlackRock, FEDERATED HERMES, based on the most recent SEC filings. PSTL trades on the NYSE exchange and files with the SEC under CIK 1759774. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate PSTL daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Postal Realty Trust, Inc. directly from SEC EDGAR.