Four Corners Property Trust Inc 2026年季度报告

FORM 10-Q ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2026or ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 For the transition period fromtoCommission File Number 1-37538 Four Corners Property Trust, Inc. (Exact name of registrant as specified in its charter) 47-4456296 Maryland(State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.) 591 Redwood Highway,Suite 3215,Mill Valley,CA 94941(Address of principal executive offices)(415) 965-8030(Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Trading SymbolFCPT Name of Exchange on Which RegisteredNew York Stock Exchange Common Stock, $0.0001 par value per share Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of theSecurities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to filesuch reports), and (2) has been subject to such filing requirements for the past 90 days.☒Yes☐No Indicate by check mark whether the registrant has submitted electronically and posted on its corporate website, if any, everyInteractive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months(or for such shorter period that the registrant was required to submit and post such files).☒Yes☐No Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer☒Accelerated filer☐Non-accelerated filerSmaller reporting company☐Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition periodfor complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).☐Yes☒No Number of shares of common stock outstanding as of April 30, 2026: 109,749,197 FOUR CORNERS PROPERTY TRUST, INC.FORM 10 - QTHREE MONTHS ENDED MARCH 31, 2026TABLE OF CONTENTS Part IFINANCIAL INFORMATIONItem 1.Financial Statements:Consolidated Balance Sheets at March 31, 2026 (unaudited) and December 31, 20251Consolidated Statements of Income for the Three Months Ended March 31, 2026 and 2025(unaudited)2Consolidated Statements of Comprehensive Income for the Three Months Ended March 31, 2026 and2025 (unaudited)3Consolidated Statements of Changes in Equity for the Three Months Ended March 31, 2026 and 2025(unaudited)4Consolidated Statements of Cash Flows for the Three Months Ended March 31, 2026 and 2025(unaudited)5Notes to Consolidated Financial Statements (unaudited)6Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations25Item 3.Quantitative and Qualitative Disclosures About Market Risk32Item 4.Controls and Procedures32 Part IIOTHER INFORMATIONItem 1.Legal Proceedings33Item 1A.Risk Factors33Item 2.Unregistered Sales of Equity Securities and Use of Proceeds33Item 3.Defaults Upon Senior Securities33Item 4.Mine Safety Disclosure33Item 5.Other Information33Item 6.Exhibits34Index to Exhibits34Signatures35 FOUR CORNERS PROPERTY TRUST, INC. CONSOLIDATED STATEMENTS OF INCOME (In thousands, except share and per share data)(Unaudited) FOUR CORNERS PROPERTY TRUST, INC. CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (In thousands, except for share and per share data)(Unaudited) Three Months EndedMarch 31, The accompanying notes are an integral part of this financial statement. FOUR CORNERS PROPERTY TRUST, INC. CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (In thousands, except share data)(Unaudited) CONSOLIDATED STATEMENTS OF CASH FLOWS (In thousands)(Unaudited) NOTES TO CONSOLIDATED FINANCIAL STATEMENTS(Unaudited) NOTE 1 – ORGANIZATION Four Corners Property Trust, Inc. (together with its consolidated subsidiaries, “FCPT”) is an independent, publicly traded, self-administered company, primarily engaged in the ownership, acquisition and leasing of restaurant and retail properties. Substantiallyall of our business is conducted through Four Corners Operating Partnership, LP (“FCPT OP”), a Delaware limited partnership ofwhich we are the initial and substantial limited partner. Our wholly owned subsidiary, Four Corners GP, LLC (“FCPT GP”), is itssole general partner. Any references to “the Company,” “we,” “us,” or “our” refer to FCPT as an independent, publicly traded, self-administeredcompany. The Company was incorpor