ORealty Income
Realty Income (NYSE: O), an S&P 500 company, is real estate partner to the world's leading companies®. Founded in 1969, we serve our clients as a full-service real estate capital provider. 10-K, Item 1
- Headquarters
- San Diego, CA
- CEO
- Sumit Roy
- Next results
- around Feb 23, 2027
What changed
10-K filed Feb 25, 2026 against Feb 25, 2025| Area | What changed | Source |
|---|---|---|
| Risk factors | 19 new paragraphs, nothing like them in the previous 10-K | 10-K Item 1A |
| Receivables growing faster than revenue | Receivables +20.0% vs revenue +9.1% (+11.0 pts) | 10-K · XBRL |
| Critical audit matters changed | New this year: Assessment of the expected holding period for long-lived assets (“As discussed in Note 1 to the consolidated financial statements, the Company evaluates long-lived assets for impairment whenever events or changes in circumstances, including shortening the estimated holding periods of such assets, indicate that the carrying amount of these assets may not be recover”). No longer listed: Evaluation of the Fair Value of Acquired Land; Table of Contents | 10-K · XBRL |
| Accounting checks | 8 other checks clear, 2 worth a look | 10-K · XBRL |
| Insiders | No open-market buys in the last 90 days | Form 4 |
| Filings | 3 in the last 30 days | EDGAR |
Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.
What's new, in their words
10-K filed Feb 25, 2026Paragraphs in Risk Factors that were not in the 10-K filed 2025-02-25. Quoted as filed.
Our loans and investments, including in subordinated debt, expose us to risks associated with debt-oriented real estate investments generally. We invest in debt instruments relating to real estate-related assets, which subject us to additional potential risks, including with respect to fluctuations in the value of the underlying assets,…
10-K, Item 1A
Accounting checks
latest 10-K8 of 10 clear 2 worth a look. Checks, not verdicts.
- !Receivables growing faster than revenueReceivables +20.0% vs revenue +9.1% (+11.0 pts)
- !Critical audit matters changedNew this year: Assessment of the expected holding period for long-lived assets (“As discussed in Note 1 to the consolidated financial statements, the Company evaluates long-lived assets for impairment whenever events or changes in circumstances, including shortening the estimated holding periods of such assets, indicate that the carrying amount of these assets may not be recover”). No longer listed: Evaluation of the Fair Value of Acquired Land; Table of Contents
- ✓Cash from operations $4.0B vs net income $1.1B (FY ending 2025-12-31)
- ✓Same auditor in both 10-Ks: KPMG LLP
- ✓No statement of substantial doubt about going concern
- ✓No 8-K item 4.02 in the last 2 years
- ✓No NT 10-K or NT 10-Q in the last 2 years
- ✓No sentence in the 10-K concludes that controls were not effective because of a material weakness
- ✓No 8-K item 2.06 in the last 2 years
- ✓No 8-K item 1.03 in the last 2 years
In the last 30 days
All filings →- Nov 6, 20268-K Director or officer change 8-K item 5.02
- Nov 3, 202610-Q Quarterly report (10-Q) period ended Sep 30, 2026
- Nov 2, 20268-K Quarterly results, Regulation FD disclosure 8-K items 2.02, 7.01
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