Every 10-Q that Four Corners Property Trust, Inc. (FCPT) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow FCPT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full FCPT filings page.
Four Corners Property Trust, Inc. reported solid results for the three and six months ended June 30, 2026. Total revenues were 78,418 (in thousands) in the quarter, up from 72,842 (in thousands), driven mainly by rental revenue growth. Net income available to common shareholders was 29,964 (in thousands) for the quarter and 60,298 (in thousands) year-to-date, compared with 27,924 and 54,080 (in thousands) in 2025. Diluted EPS was $0.27 for the quarter and $0.55 for the first half.
The portfolio continued to expand, with $85.5 million invested in 33 fully occupied net-leased properties across fifteen states, bringing real estate investments, net, to 2,733,860 (in thousands). The company maintained a conservative balance sheet, with $640 million of term loans, $625 million of senior unsecured notes, and an undrawn $350 million revolving credit facility. A new $200 million delayed draw term loan facility was added, of which $50 million was drawn by June 30, 2026.
As a REIT, Four Corners continued regular shareholder returns, declaring $0.3665 in quarterly dividends per common share, up from $0.3550. Tenant concentration remains meaningful: Darden leases represented 43.8% of scheduled base rents, and 317 Olive Garden locations accounted for 31.1% of lease revenues, diversified across 48 states.
Four Corners Property Trust reported higher results for the three months ended March 31, 2026. Total revenue rose to $78.2 million from $71.5 million, driven mainly by rental revenue of $69.8 million and restaurant revenue of $8.4 million.
Net income available to common shareholders increased to $30.3 million versus $26.2 million, with diluted EPS of $0.28 compared with $0.26. Real estate investments, net, were $2.69 billion, after $26.8 million of acquisitions across 10 fully leased properties with a weighted average remaining lease term of 10 years.
The company ended the quarter with $29.6 million in cash and total debt of $1.21 billion, all unsecured, and had $350 million available on its revolver. It issued 1.44 million shares via its ATM program for net proceeds of $39.1 million and declared a quarterly dividend of $0.3665 per share.
Four Corners operates as a REIT focused on net-leased restaurant and retail properties. Tenant concentration remains significant: Darden accounts for about 44.5% of scheduled base rents, and Olive Garden locations contribute about 31.5% of lease revenues, highlighting reliance on a few key brands.
Four Corners Property Trust (FCPT) reported Q3 2025 results. Total revenue was $74.1 million, up from $66.8 million a year ago, driven by rental revenue of $66.5 million versus $59.3 million. Net income rose to $28.9 million from $25.6 million, with diluted EPS of $0.28 versus $0.27. The company declared a dividend of $0.355 per share.
Year-to-date operating cash flow reached $144.2 million. FCPT invested $228.2 million in 75 net-leased properties across 23 states, allocating $106.9 million to land, $106.6 million to buildings, and $14.7 million to intangibles; the acquired assets were 100% occupied with a 13.5-year weighted average remaining lease term as of September 30, 2025.
On the balance sheet, term loans were $590 million and senior unsecured notes were $625 million; $11 million was outstanding on the revolver with $339 million of availability. Weighted average interest rates were 5.30% on term loans and 5.17% on the revolver. FCPT raised $60.8 million of net ATM equity proceeds in Q3 (and $122.8 million year-to-date). Shares outstanding were 106,082,013 as of October 29, 2025.