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.

• Operating Expenses for Q1 2026 came in at $114.5 million, down 5.24% year-over-year; the trailing twelve-month figure through Mar 2026 was $467.9 million (down 1.03% YoY), and the FY2025 annual result was $474.3 million, changed 0.23% from the prior year.
• Operating Expenses retreated to $114.5 million in Q1 2026 per NSA's latest filing, from $115.1 million in the prior quarter.
• Over five years, Operating Expenses peaked at $136.4 million in Q3 2022 and troughed at $114.5 million in Q1 2026.
• A 5-year average of $123.3 million and a median of $121.2 million in 2024 frame the typical range for Operating Expenses.
• The sharpest annual moves came in 2022 and 2024: Operating Expenses soared 54.92% in 2022, then declined 12.37% in 2024.
• A 5-year view of Operating Expenses shows it stood at $127.4 million in 2022, then climbed by 0.71% to $128.3 million in 2023, then retreated by 9.32% to $116.4 million in 2024, then decreased by 1.09% to $115.1 million in 2025, then retreated by 0.53% to $114.5 million in 2026.
• Business Quant data shows NSA's Operating Expenses at $114.5 million in Q1 2026, $115.1 million in Q4 2025, and $117.8 million in Q3 2025.