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Nnn Reit (NNN) Operating Expenses (2016 - 2026)

Nnn Reit filings provide 18 years of Operating Expenses readings, the most recent being $106.0 million for Q1 2026.

  • On a quarterly basis, Operating Expenses rose 16.68% to $106.0 million in Q1 2026 year-over-year; TTM through Mar 2026 was $400.1 million, a 16.78% increase, with the full-year FY2025 number at $384.9 million, up 15.36% from a year prior.
  • Operating Expenses hit $106.0 million in Q1 2026 for Nnn Reit, roughly flat from $105.5 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $106.0 million in Q1 2026 to a low of $74.0 million in Q3 2022.
  • Median Operating Expenses over the past 5 years was $82.2 million (2024), compared with a mean of $85.5 million.
  • Biggest five-year swings in Operating Expenses: dropped 3.54% in 2023 and later grew 21.47% in 2025.
  • Nnn Reit's Operating Expenses stood at $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, then increased by 0.46% to $106.0 million in 2026.
  • The last three reported values for Operating Expenses were $106.0 million (Q1 2026), $105.5 million (Q4 2025), and $95.5 million (Q3 2025) per Business Quant data.