Net Lease Office Properties (NLOP) Operating Leases (2022 - 2026)

Net Lease Office Properties (NLOP) recorded quarterly Operating Leases of $2.1 million in Q1 2026, up 3.27% quarter-over-quarter from $2.0 million in Q4 2025, and down 64.58% on a YoY basis from $5.8 million in Q1 2025.

Net Lease Office Properties (NLOP) Operating Leases (2022 - 2026) Analysis & Trends

Net Lease Office Properties' Operating Leases history runs 5 years deep, the most recent figure standing at $2.1 million for Q1 2026.

  • In Q1 2026, Operating Leases fell 64.58% year-over-year to $2.1 million; the TTM figure through Mar 2026 stood at $2.1 million (down 64.58% YoY), while the FY2025 annual figure was $2.0 million, down 68.44% from the prior year.
  • Operating Leases was $2.1 million for Q1 2026 at Net Lease Office Properties, up from $2.0 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $14.7 million in Q4 2022 to a low of $2.0 million in Q4 2025.
  • Historically, Operating Leases has averaged $7.1 million across 5 years, with a median of $6.9 million in 2024.
  • The sharpest annual moves came in 2023 and 2025: Operating Leases declined 27.46% in 2023, then tumbled 68.44% in 2025.
  • A 5-year view of Operating Leases shows it stood at $14.7 million in 2022, then retreated by 27.46% to $10.6 million in 2023, then plunged by 40.76% to $6.3 million in 2024, then sank by 68.44% to $2.0 million in 2025, then advanced by 3.27% to $2.1 million in 2026.
  • The last three Operating Leases figures came in at $2.1 million (Q1 2026), $2.0 million (Q4 2025), and $2.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Alexandria Real Estate Equities 9.03 Bn 9.03 Bn -
2 Cousins Properties 4.85 Bn 4.87 Bn 180.52 Mn
3 Kilroy Realty 4.57 Bn 4.57 Bn -59.85 Mn
4 Sl Green Realty 3.90 Bn 4.01 Bn 252.80 Mn
5 Copt Defense Properties 3.85 Bn 3.90 Bn 195.09 Mn
6 Highwoods Properties 3.25 Bn 3.27 Bn -
7 Douglas Emmett 2.11 Bn 3.29 Bn 176.48 Mn
8 Empire State Realty OP 1.49 Bn 1.49 Bn -
9 Piedmont Realty Trust 1.15 Bn 1.15 Bn 85.99 Mn
10 Net Lease Office Properties 174.95 Mn 178.91 Mn 8.43 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 2.06 Mn
Dec 31, 2025 1.99 Mn
Sep 30, 2025 2.74 Mn
Jun 30, 2025 3.99 Mn
Mar 31, 2025 5.80 Mn
Dec 31, 2024 6.31 Mn
Sep 30, 2024 7.49 Mn
Jun 30, 2024 8.66 Mn
Mar 31, 2024 9.20 Mn
Dec 31, 2023 10.64 Mn
Sep 30, 2023 12.18 Mn
Dec 31, 2022 14.67 Mn