GENERATION INCOME PROPERTIES, INC.

Listed Company

GIPRCIK 0001651721NasdaqEmerging GrowthReal Estate Investment TrustsMarylandFY ends Dec 31

Period

FY 2025

Revenue

$9.74M

Net Income

$-10.34M

Total Assets

$97.26M

Equity

$-4.20M

Shares Out

5.45M

Op. Cash Flow

$929.5K

GIPR$1.09−92.64% · past yearDBEQ Basic

Daily closing prices

Business

Generation Income Properties, Inc. is an internally managed REIT that acquires and owns single-tenant net-leased retail, office, and industrial properties occupied by investment-grade tenants across the United States. The company generates recurring rental income through long-term leases with contractual rent escalators. Properties are geographically diversified with tenants including the General Services Administration, Dollar General, and municipal entities. The company operates through an UPREIT structure to facilitate tax-deferred acquisitions.

Summary from 10-K filed 2026-04-01

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Total Revenue	10	10	8	5	4
General and administrative expense	2	2	2	2	1
Building expenses	3	3	2	1	768,182
Depreciation and amortization	5	5	4	2	2
Interest expense, net	6	4	3	2	1
Compensation costs	1	1	1	1	849,701
Total expenses	17	15	11	8	6
Operating loss	−7	−5	−3	−2	−2
Other expense	−287	0	−506,639	—	—
Loss on derivative valuation	−335,344	372,573	−401,782	—	—
Dead deal expense	−75,502	−35,873	−109,569	−174,722	0
Loss on held for sale asset valuation	0	−77,244	0	—	—
Loss on debt extinguishment	−926,398	0	0	−144,029	0
Gain on sale of property	2	0	—	—	—
Net Loss	−6	−5	−4	−3	−712,433
Less: Net income attributable to non-controlling interests	4	3	1	490,462	513,581
Net Loss attributable to Generation Income Properties, Inc.	−10	−8	−6	−3	−1
Less: Preferred stock dividends	0	95,000	475,000	0	—
Net loss attributable to common shareholders	−10	−8	−6	−3	—
Total Weighted Average Shares of Common Stock Outstanding Basic	5	5	3	2	1
Total Weighted Average Shares of Common Stock Outstanding - Diluted	5	5	3	2	1
Basic Loss Per Share Attributable to Common Stockholders	−2	−1.64	−2.46	−1.4	−1.15
Diluted Loss Per Share Attributable to Common Stockholders	−2	−1.64	−2.46	−1.4	−1.15

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Land	20	23	22	13	9
Building and site improvements	67	68	72	40	32
Acquired tenant improvements	2	2	2	907,382	482,701
Acquired lease intangible assets	9	11	11	5	3
Less: accumulated depreciation and amortization	−15	−12	−9	−6	−4
Net real estate investments	84	91	97	52	41
Cash and cash equivalents	6	612,939	3	4	11
Restricted cash	34,500	34,500	34,500	34,500	34,500
Deferred rent asset	398,040	331,837	1	288,797	156,842
Prepaid expenses	184,397	140,528	139,941	132,642	237,592
Accounts receivable	0	48,118	241,166	96,063	88,661
Escrow deposit and other assets	733,326	1	493,393	184,241	288,782
Held for sale assets	0	7	0	—	—
Right-of-use asset, net	6	6	6	6	0
Total Assets	97	107	109	64	53
Accounts payable	2	171,262	406,772	173,461	201,727
Accrued expenses	1	1	688,146	365,624	134,816
Accrued expense - related party	1	683,347	683,347	128,901	0
Acquired lease intangible liabilities, net	1	1	1	639,973	577,388
Insurance payable	32,538	40,835	34,966	46,368	33,359
Deferred rent liability	306,921	176,017	260,942	251,798	228,938
Lease liability	7	6	6	6	0
Loans payable - related party	8	6	6	2	0
Mortgage loans, net of unamortized debt discount and debt issuance costs of $1,020,818 and $1,103,336 at December 31, 2025 and December 31, 2024, respectively	49	58	57	35	29
Derivative liabilities	435,523	169,685	537,424	0	—
Total liabilities	69	74	74	47	30
Redeemable Non-Controlling Interests	32	27	19	6	9
Common stock, $0.01 par value, 100,000,000 shares authorized; 5,448,178 and 5,443,188 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively.	54,431	54,431	26,207	25,016	21,729
Additional paid-in capital	29	29	18	19	19
Accumulated deficit	−34	−23	−15	−9	−5
Total Generation Income Properties, Inc. stockholders' equity	−4	6	4	11	14
Non-Controlling Interest	392,861	392,861	406,131	445,035	469,712
Total equity	−4	6	4	11	14
Total Liabilities and Equity	97	107	109	64	53

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Depreciation of building and site improvements	3	3	2	1	1
Amortization of acquired tenant improvements	368,982	345,658	—	527,713	429,486
Amortization of in-place leases	1	1	1	527,713	—
Amortization of above-market leases	353,273	407,083	169,784	0	—
Amortization of below-market leases	−180,773	−143,641	−171,925	−102,183	−147,228
Amortization of above-market ground lease	−731	−731	−732	−592	0
Amortization of debt issuance costs	252,903	202,621	146,745	118,930	120,343
Amortization of debt discount	135,747	0	—	—	—
Restricted stock unit compensation	345,000	379,739	382,002	421,882	201,690
Non-cash ground lease expense	78,826	84,216	80,488	71,672	0
Non-cash loan extension fee	62,000	0	—	—	—
Dead deal expense	75,502	35,873	109,569	174,722	0
Loss (gain) on derivative valuation	335,344	−372,573	—	—	—
Accounts receivable	20,560	193,048	−145,103	−7,402	−12,867
Escrow and other assets	367,991	−734,895	−173,510	−20,459	−37,951
Deferred rent asset	−66,203	774,354	−817,394	−131,955	−30,187
Prepaid expenses	−606,765	−36,460	−116,868	−69,772	−103,427
Accounts payable	1	−235,510	233,311	−28,266	83,165
Accrued expenses	102,086	534,746	227,522	230,808	−260,309
Accrued expenses - related party	450,247	0	554,446	128,901	0
Lease liability	51,110	49,860	58,753	51,954	0
Deferred rent liability	130,904	−84,925	9,144	22,860	40,343
Net cash provided by operating activities	929,474	1	12,345	583,884	−173,762
Purchase of land, buildings, other tangible and intangible assets	0	−6	−32	−13	−8
Proceeds from sale of land, buildings, other tangible and intangible assets	23	0	—	0	5
Net cash provided by (used in) investing activities	23	−6	−33	−13	−4
Proceeds from issuance of redeemable non-controlling interests	0	6	17	1	2
Proceeds of issuance on loan payable - related party	2	0	4	2	0
Repayment of other payable - related party	0	−2	−777,460	−325,000	0
Mortgage loan borrowings	1	2	21	18	4
Mortgage loan repayments	−18	−868,144	−886,927	−11	−4
Debt extinguishment costs	−640,179	0	—	—	—
Equity issuance costs	0	−282,650	−362,384	−6,091	0
Debt issuance costs	−73,095	−28,903	−371,959	−342,647	−69,780
Insurance financing borrowings	380,315	400,889	368,939	288,693	277,059
Insurance financing repayments	−388,612	−395,021	−380,341	−275,684	−284,569
Distribution on non-controlling interests	−3	−1	−812,710	−451,005	−493,321
Dividends paid on preferred stock	0	−190,000	−380,000	0	—
Net cash (used in) provided by financing activities	−18	2	33	6	14
Net increase (decrease) in cash and cash equivalents	6	−3	−601,050	−7	10
Interest Paid	6	4	2	1	1
Assumption of loans in connection with property acquisitions	7	0	—	—	—
Issuance of Series B-2 Preferred Units in connection with property acquisitions	4	0	—	—	—
Stock issued for cashless exercise of Investor Warrants	0	79	205	812	0
Deferred distribution on redeemable non-controlling interests	0	3	501,991	64,134	36,729

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro

Frequently asked questions

What is GENERATION INCOME PROPERTIES, INC.'s CIK number?

GENERATION INCOME PROPERTIES, INC.'s SEC CIK number is 0001651721 (1651721). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.

Where can I find GENERATION INCOME PROPERTIES, INC.'s SEC filings?

All of GENERATION INCOME PROPERTIES, INC.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.

Look up any company's CIK number →