NewLake Capital Partners (NLCP) Operating Expenses (2020 - 2026)

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 was $6.3 million for Q1 2026 at NewLake Capital Partners, up from $6.1 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $6.7 million in Q1 2025 to a low of $5.0 million in Q1 2022.
• Historically, Operating Expenses has averaged $5.8 million across 5 years, with a median of $5.6 million in 2024.
• The sharpest annual moves came in 2022 and 2023: Operating Expenses surged 76.23% in 2022, then slipped 16.89% in 2023.
• A 5-year view of Operating Expenses shows it stood at $5.3 million in 2022, then grew by 8.86% to $5.8 million in 2023, then fell by 0.43% to $5.8 million in 2024, then rose by 4.99% to $6.1 million in 2025, then rose by 3.8% to $6.3 million in 2026.
• The last three Operating Expenses figures came in at $6.3 million (Q1 2026), $6.1 million (Q4 2025), and $5.7 million (Q3 2025), per Business Quant data.