Global Net Lease GNL
NYSE GNL
$9.07 -0.02 (-0.22%)
As of: Sep 10, 2026 · 3:59 PM EDT

Global Net Lease (GNL) Operating Expenses (2011 - 2026)

Global Net Lease (GNL) posted Operating Expenses of $81.0 million for Q2 2026, down 6.07% on a QoQ basis from $86.2 million in Q1 2026, and down 3.74% year-over-year from $84.1 million in Q2 2025.

Analysis

Global Net Lease (GNL) Operating Expenses (2011 - 2026) Analysis & Trends

Global Net Lease has reported Operating Expenses for 16 years, with the latest figure at $81.0 million in Q2 2026.

  • On a quarterly basis, Operating Expenses fell 3.74% year-over-year to $81.0 million in Q2 2026; TTM through Jun 2026 was $403.5 million, a 13.64% decrease from a year earlier, with the FY2025 full-year figure at $479.0 million, up 9.17% from the prior year.
  • Operating Expenses was $81.0 million for Q2 2026 at Global Net Lease, down from $86.2 million in the prior quarter.
  • The five-year high for Operating Expenses was $213.0 million in Q3 2023, with the low at $63.7 million in Q3 2022.
  • Average Operating Expenses over 5 years is $101.3 million, with a median of $91.2 million recorded in 2023.
  • The sharpest annual moves came in 2023 and 2026: Operating Expenses jumped 234.26% in 2023, then sank 45.64% in 2026.
  • Over 5 years, Operating Expenses stood at $70.2 million in 2022, then advanced by 29.69% to $91.0 million in 2023, then climbed by 13.04% to $102.9 million in 2024, then climbed by 3.84% to $106.8 million in 2025, then declined by 24.19% to $81.0 million in 2026.
  • The last three Operating Expenses figures came in at $81.0 million (Q2 2026), $86.2 million (Q1 2026), and $106.8 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Realty Income 55.53 Bn 55.53 Bn - 1.19 Bn
2 W. P. Carey 15.73 Bn 15.73 Bn 441.59 Mn 297.54 Mn
3 Agree Realty 8.58 Bn 8.57 Bn - 112.31 Mn
4 Nnn Reit 8.34 Bn 8.34 Bn - 102.00 Mn
5 Essential Properties Realty Trust 6.30 Bn 6.30 Bn - 62.12 Mn
6 Broadstone Net Lease 3.91 Bn 3.90 Bn - 70.36 Mn
7 Four Corners Property Trust 2.64 Bn 2.64 Bn 70.62 Mn 35.23 Mn
8 Getty Realty 1.97 Bn 1.97 Bn 58.71 Mn 7.30 Mn
9 Netstreit 1.92 Bn 1.92 Bn - 41.57 Mn
10 Global Net Lease 1.92 Bn 1.76 Bn - 80.99 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 80.99 Mn
Mar 31, 2026 86.23 Mn
Dec 31, 2025 106.84 Mn
Sep 30, 2025 129.40 Mn
Jun 30, 2025 84.15 Mn
Mar 31, 2025 158.61 Mn
Dec 31, 2024 102.89 Mn
Sep 30, 2024 121.54 Mn
Jun 30, 2024 117.65 Mn
Mar 31, 2024 96.68 Mn
Dec 31, 2023 91.02 Mn
Sep 30, 2023 213.04 Mn
Jun 30, 2023 91.36 Mn
Mar 31, 2023 63.96 Mn
Dec 31, 2022 70.19 Mn
Sep 30, 2022 63.74 Mn
Jun 30, 2022 80.44 Mn
Mar 31, 2022 64.28 Mn
Dec 31, 2021 80.42 Mn
Sep 30, 2021 66.18 Mn