KPIs & Operating Metrics(New)

National Storage Affiliates Trust (NSA) Operating Expenses (2016 - 2025)

National Storage Affiliates Trust has reported Operating Expenses over the past 12 years, most recently at $115.1 million for Q4 2025.

  • Quarterly Operating Expenses fell 1.09% to $115.1 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $474.3 million through Dec 2025, changed 0.23% year-over-year, with the annual reading at $474.3 million for FY2025, 0.23% changed from the prior year.
  • Operating Expenses was $115.1 million for Q4 2025 at National Storage Affiliates Trust, down from $117.8 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $136.4 million in Q3 2022 and troughed at $78.7 million in Q1 2021.
  • The 5-year median for Operating Expenses is $120.7 million (2025), against an average of $117.4 million.
  • Biggest five-year swings in Operating Expenses: surged 54.92% in 2022 and later dropped 12.37% in 2024.
  • Tracing NSA's Operating Expenses over 5 years: stood at $110.8 million in 2021, then increased by 14.97% to $127.4 million in 2022, then increased by 0.71% to $128.3 million in 2023, then fell by 9.32% to $116.4 million in 2024, then dropped by 1.09% to $115.1 million in 2025.
  • According to Business Quant data, Operating Expenses over the past three periods came in at $115.1 million, $117.8 million, and $120.5 million for Q4 2025, Q3 2025, and Q2 2025 respectively.