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

National Storage Affiliates Trust (NSA) 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 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.