Nnn Reit (NNN) Operating Expenses (2009 - 2026)

Nnn Reit has reported Operating Expenses for 18 years, with the latest figure at $106.0 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 16.68% year-over-year to $106.0 million; the trailing twelve-month figure through Mar 2026 stood at $400.1 million (up 16.78% YoY), and the FY2025 full-year result was $384.9 million, up 15.36% from the prior year.
• Operating Expenses for Q1 2026 stood at $106.0 million, roughly flat from $105.5 million in the prior quarter.
• The five-year high for Operating Expenses was $106.0 million in Q1 2026, with the low at $74.0 million in Q3 2022.
• Historically, Operating Expenses has averaged $85.5 million across 5 years, with a median of $82.2 million in 2024.
• Annual changes were most pronounced in 2023 — Operating Expenses decreased 3.54% — and 2025, when it increased 21.47%.
• Nnn Reit's Operating Expenses stood at $77.0 million in 2022, then gained by 8.83% to $83.8 million in 2023, then gained by 3.61% to $86.8 million in 2024, then advanced by 21.47% to $105.5 million in 2025, then climbed by 0.46% to $106.0 million in 2026.
• The last three Operating Expenses figures came in at $106.0 million (Q1 2026), $105.5 million (Q4 2025), and $95.5 million (Q3 2025), per Business Quant data.