KPIs & Operating Metrics(New)

Nnn Reit (NNN) Operating Expenses (2016 - 2025)

Nnn Reit's Operating Expenses history spans 17 years, with the latest figure at $105.5 million for Q4 2025.

  • For Q4 2025, Operating Expenses rose 21.47% year-over-year to $105.5 million; the TTM value through Dec 2025 reached $384.9 million, up 15.36%, while the annual FY2025 figure was $384.9 million, 15.36% up from the prior year.
  • Operating Expenses reached $105.5 million in Q4 2025 per NNN's latest filing, up from $95.5 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $105.5 million in Q4 2025 to a low of $71.6 million in Q1 2021.
  • Average Operating Expenses over 5 years is $82.4 million, with a median of $81.0 million recorded in 2022.
  • Peak YoY movement for Operating Expenses: decreased 10.85% in 2021, then rose 21.47% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $78.2 million in 2021, then decreased by 1.55% to $77.0 million in 2022, then rose by 8.83% to $83.8 million in 2023, then rose by 3.61% to $86.8 million in 2024, then grew by 21.47% to $105.5 million in 2025.
  • Per Business Quant, the three most recent readings for NNN's Operating Expenses are $105.5 million (Q4 2025), $95.5 million (Q3 2025), and $93.2 million (Q2 2025).