National Storage Affiliates Trust (NSA-PA) Operating Expenses (2014 - 2026)

National Storage Affiliates Trust's (NSA-PA) quarterly Operating Expenses came in at $114.5 million in Q1 2026, down 5.24% year-on-year from $120.8 million in Q1 2025, and down 0.53% on a QoQ basis from $115.1 million in Q4 2025.

National Storage Affiliates Trust (NSA-PA) Operating Expenses (2014 - 2026) Analysis & Trends

National Storage Affiliates Trust (NSA-PA) has 13 years of Operating Expenses data on file, last reported at $114.5 million in Q1 2026.

  • On a quarterly basis, Operating Expenses fell 5.24% year-over-year to $114.5 million in Q1 2026; TTM through Mar 2026 was $467.9 million, a 1.03% decrease from a year earlier, with the FY2025 full-year figure at $474.3 million, changed 0.23% from the prior year.
  • Operating Expenses for Q1 2026 stood at $114.5 million, down from $115.1 million in the prior quarter.
  • Over the last five years, Operating Expenses for NSA-PA reached as high as $136.4 million in Q3 2022 and fell as low as $114.5 million in Q1 2026.
  • Historically, Operating Expenses has averaged $123.3 million across 5 years, with a median of $121.2 million in 2024.
  • Across the five-year window, Operating Expenses jumped 54.92% in 2022 and slipped 12.37% in 2024, its largest moves.
  • Year by year, Operating Expenses stood at $127.4 million in 2022, then rose by 0.71% to $128.3 million in 2023, then dropped by 9.32% to $116.4 million in 2024, then declined by 1.09% to $115.1 million in 2025, then dropped by 0.53% to $114.5 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $114.5 million in Q1 2026, $115.1 million in Q4 2025, and $117.8 million in Q3 2025.

Peer Comparison

Historic Data

Download Data
DateValue
Mar 31, 2026 114.50 Mn
Dec 31, 2025 115.11 Mn
Sep 30, 2025 117.79 Mn
Jun 30, 2025 120.54 Mn
Mar 31, 2025 120.84 Mn
Dec 31, 2024 116.38 Mn
Sep 30, 2024 117.13 Mn
Jun 30, 2024 118.48 Mn
Mar 31, 2024 121.19 Mn
Dec 31, 2023 128.35 Mn
Sep 30, 2023 133.66 Mn
Jun 30, 2023 131.42 Mn
Mar 31, 2023 127.94 Mn
Dec 31, 2022 127.44 Mn
Sep 30, 2022 136.42 Mn
Jun 30, 2022 126.31 Mn
Mar 31, 2022 121.87 Mn
Dec 31, 2021 110.85 Mn
Sep 30, 2021 92.45 Mn
Jun 30, 2021 85.47 Mn