New England Realty Associates Limited Partnership (NEN) Operating Expenses (2010 - 2026)
New England Realty Associates Limited Partnership's (NEN) quarterly Operating Expenses came in at $20.4 million in Q2 2026, up 43.64% on a YoY basis from $14.2 million in Q2 2025, and down 10.16% quarter-over-quarter from $22.7 million in Q1 2026.
Analysis
New England Realty Associates Limited Partnership (NEN) Operating Expenses (2010 - 2026) Analysis & Trends
New England Realty Associates Limited Partnership (NEN) has reported Operating Expenses for 17 consecutive years, with $20.4 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 43.64% year-over-year to $20.4 million; the trailing twelve-month figure through Jun 2026 stood at $82.2 million (up 46.5% YoY), and the FY2025 full-year result was $67.8 million, up 23.0% from the prior year.
- Operating Expenses eased to $20.4 million in Q2 2026 per NEN's latest filing, from $22.7 million in the prior quarter.
- Across five years, Operating Expenses topped out at $22.7 million in Q1 2026 and bottomed at $12.3 million in Q2 2022.
- Historically, Operating Expenses has averaged $15.1 million across 5 years, with a median of $13.9 million in 2023.
- The sharpest annual moves came in 2024 and 2026: Operating Expenses declined 8.21% in 2024, then jumped 56.79% in 2026.
- Over 5 years, Operating Expenses stood at $12.6 million in 2022, then increased by 19.4% to $15.0 million in 2023, then declined by 8.21% to $13.8 million in 2024, then jumped by 47.24% to $20.3 million in 2025, then gained by 0.44% to $20.4 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $20.4 million, $22.7 million, and $20.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 25.25 Bn | 25.00 Bn | - | 54.24 Mn |
| 2 | Eason Technology | 6.05 Bn | 6.05 Bn | - | - |
| 3 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.85 Bn | 2.85 Bn | - | -9.30 Mn |
| 4 | Opendoor Technologies | 2.70 Bn | 1.80 Bn | 86.00 Mn | 230.00 Mn |
| 5 | LandBridge | 2.41 Bn | 2.37 Bn | 65.51 Mn | 15.90 Mn |
| 6 | Kennedy-Wilson Holdings | 1.52 Bn | 1.37 Bn | 83.20 Mn | 109.70 Mn |
| 7 | Frp Holdings | 423.91 Mn | 423.91 Mn | - | 9.62 Mn |
| 8 | American Realty Investors | 251.43 Mn | 251.43 Mn | - | 15.42 Mn |
| 9 | Belpointe PREP | 187.01 Mn | 187.01 Mn | - | 3.00 Mn |
| 10 | New England Realty Associates Limited Partnership | 6.32 Mn | 6.32 Mn | - | 20.36 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.36 Mn |
| Mar 31, 2026 | 22.66 Mn |
| Dec 31, 2025 | 20.27 Mn |
| Sep 30, 2025 | 18.94 Mn |
| Jun 30, 2025 | 14.18 Mn |
| Mar 31, 2025 | 14.46 Mn |
| Dec 31, 2024 | 13.77 Mn |
| Sep 30, 2024 | 13.74 Mn |
| Jun 30, 2024 | 13.51 Mn |
| Mar 31, 2024 | 14.14 Mn |
| Dec 31, 2023 | 15.00 Mn |
| Sep 30, 2023 | 14.06 Mn |
| Jun 30, 2023 | 13.36 Mn |
| Mar 31, 2023 | 13.24 Mn |
| Dec 31, 2022 | 12.56 Mn |
| Sep 30, 2022 | 12.52 Mn |
| Jun 30, 2022 | 12.32 Mn |
| Mar 31, 2022 | 12.80 Mn |
| Dec 31, 2021 | 13.05 Mn |
| Sep 30, 2021 | 12.40 Mn |