Postal Realty Trust Reports Strong Q2 2025 Growth with Revenues Up 29.4% and 352.7% Net Income Surge

Company Overview
Postal Realty Trust, Inc. (NYSE: PSTL) is a Real Estate Investment Trust (REIT) that primarily acquires properties leased to the United States Postal Service (USPS). As of June 30, 2025, the company owned 1,806 properties across the U.S., focusing on last-mile post offices and industrial facilities.

Recent Performance
For the three months ended June 30, 2025, PSTL's financial highlights are as follows:

• Total Revenues: $23.4 million, a 29.4% increase from $18.1 million in Q2 2024.
• Net Income: $4.7 million, representing a 352.7% increase compared to $1.0 million in Q2 2024.
• Rental Income: $22.7 million, up 30.9% from $17.4 million year-over-year.
• Net Income per Share: $0.12 compared to $0.02 in Q2 2024.

Operating Expenses:
- Total Operating Expenses: $14.6 million, up 5% from $13.9 million in the previous year.
- Real Estate Taxes increased by 16.3% to $2.8 million due to the volume of acquisitions.
- General and Administrative expenses rose by 10.1% to $4.3 million, primarily from increased compensation costs.

Cash Flow and Funding
For the six months ending June 30, 2025:
- Net Cash from Operating Activities: $22.2 million, an increase of $5.9 million compared to last year.
- Net Cash Used in Investing Activities: $48.7 million focused on acquisitions and capital improvements.

Debt Position
As of June 30, 2025, PSTL had approximately $330.2 million in outstanding debt, with terms including:

• Revolving Credit Facility: $46 million, maturing January 2026.
• 2021 Term Loan: $75 million, maturing January 2027.
• 2022 Term Loan: $175 million, maturing February 2028, carrying a SOFR + 145 basis points interest rate.

Positive Aspects of the Income Statement:

• Significant revenue growth driven by acquisitions and new leases with escalations.
• Sharp increase in net income indicating improved profitability.
• An effective operational model contributing to a substantial increase in income from operations (up 111.9% year-over-year).

Negative Aspects:

• General and administrative expenses are rising, potentially indicating inefficiencies.
• Interest expense increased sharply, impacting overall net income.

Looking Ahead:
The company is actively exploring refinancing options for its debts as some facilities mature in the next few years while continuing to expand its portfolio through acquisitions. Increasing focus on cost control will be critical as operational expenses rise alongside increased revenue from property acquisitions.

For more detailed financial summaries and updates, please refer to PSTL's [latest 10-Q filing](https://www.sec.gov/Archives/edgar/data/1759774/000162828025037487/pstl-20250630.htm).