Broadstone Net Lease (BNL) Operating Expenses (2016 - 2026)

Broadstone Net Lease (BNL) has 11 years of Operating Expenses data on file, last reported at $58.1 million in Q1 2026.

• Operating Expenses for Q1 2026 came in at $58.1 million, down 17.98% year-over-year; the trailing twelve-month figure through Mar 2026 was $252.9 million (down 2.5% YoY), and the FY2025 annual result was $265.7 million, down 0.83% from the prior year.
• Operating Expenses slipped to $58.1 million in Q1 2026 per BNL's latest filing, from $62.4 million in the prior quarter.
• Over five years, Operating Expenses peaked at $84.5 million in Q4 2023 and troughed at $48.2 million in Q1 2022.
• A 5-year average of $62.5 million and a median of $59.6 million in 2023 frame the typical range for Operating Expenses.
• The sharpest annual moves came in 2022 and 2023: Operating Expenses declined 22.26% in 2022, then surged 37.73% in 2023.
• A 5-year view of Operating Expenses shows it stood at $61.3 million in 2022, then jumped by 37.73% to $84.5 million in 2023, then declined by 8.39% to $77.4 million in 2024, then dropped by 19.37% to $62.4 million in 2025, then fell by 6.94% to $58.1 million in 2026.
• Business Quant data shows BNL's Operating Expenses at $58.1 million in Q1 2026, $62.4 million in Q4 2025, and $63.4 million in Q3 2025.