NewLake Capital Partners (NLCP) Operating Expenses (2020 - 2026)
NewLake Capital Partners (NLCP) posted quarterly Operating Expenses of $6.3 million for Q1 2026, down 6.29% year-over-year from $6.7 million in Q1 2025, and up 3.8% quarter-over-quarter from $6.1 million in Q4 2025.
NewLake Capital Partners (NLCP) Operating Expenses (2020 - 2026) Analysis & Trends
NewLake Capital Partners' Operating Expenses history runs 7 years deep, the most recent figure standing at $6.3 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 6.29% year-over-year to $6.3 million; the TTM figure through Mar 2026 stood at $23.4 million (down 2.26% YoY), while the FY2025 annual figure was $23.8 million, up 4.22% from the prior year.
- Operating Expenses for Q1 2026 stood at $6.3 million, up from $6.1 million in the prior quarter.
- The five-year high for Operating Expenses was $6.7 million in Q1 2025, with the low at $5.0 million in Q1 2022.
- The 5-year median for Operating Expenses is $5.6 million (2024), against an average of $5.8 million.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses jumped 76.23% in 2022, then decreased 16.89% in 2023.
- NewLake Capital Partners' Operating Expenses stood at $5.3 million in 2022, then climbed by 8.86% to $5.8 million in 2023, then declined by 0.43% to $5.8 million in 2024, then increased by 4.99% to $6.1 million in 2025, then increased by 3.8% to $6.3 million in 2026.
- Business Quant data shows NLCP's Operating Expenses at $6.3 million in Q1 2026, $6.1 million in Q4 2025, and $5.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 106.74 Bn | 104.52 Bn | 1.40 Bn | 1.96 Bn |
| 2 | American Tower | 82.05 Bn | 80.29 Bn | 2.72 Bn | 1.48 Bn |
| 3 | Digital Realty Trust | 68.79 Bn | 66.93 Bn | - | 1.46 Bn |
| 4 | Iron Mountain | 36.65 Bn | 36.44 Bn | 1.07 Bn | 1.66 Bn |
| 5 | Crown Castle | 32.67 Bn | 31.63 Bn | 989.00 Mn | 538.00 Mn |
| 6 | Sba Communications | 19.18 Bn | 19.18 Bn | 539.27 Mn | 363.41 Mn |
| 7 | Weyerhaeuser | 17.80 Bn | 17.27 Bn | 311.00 Mn | 116.00 Mn |
| 8 | Lamar Advertising | 15.33 Bn | 15.26 Bn | 422.53 Mn | 408.79 Mn |
| 9 | Gaming & Leisure Properties | 12.49 Bn | 12.49 Bn | - | 98.13 Mn |
| 10 | NewLake Capital Partners | 330.29 Mn | 304.52 Mn | 11.95 Mn | 5.96 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 5.96 Mn |
| Mar 31, 2026 | 6.31 Mn |
| Dec 31, 2025 | 6.08 Mn |
| Sep 30, 2025 | 5.68 Mn |
| Jun 30, 2025 | 5.34 Mn |
| Mar 31, 2025 | 6.73 Mn |
| Dec 31, 2024 | 5.79 Mn |
| Sep 30, 2024 | 5.93 Mn |
| Jun 30, 2024 | 5.50 Mn |
| Mar 31, 2024 | 5.65 Mn |
| Dec 31, 2023 | 5.81 Mn |
| Sep 30, 2023 | 5.51 Mn |
| Jun 30, 2023 | 5.59 Mn |
| Mar 31, 2023 | 5.57 Mn |
| Dec 31, 2022 | 5.34 Mn |
| Sep 30, 2022 | 5.37 Mn |
| Jun 30, 2022 | 6.73 Mn |
| Mar 31, 2022 | 4.99 Mn |
| Dec 31, 2021 | 4.57 Mn |
| Sep 30, 2021 | 5.29 Mn |