Netstreit (NTST) Operating Expenses (2019 - 2026)

Netstreit (NTST) reported Operating Expenses of $37.6 million for Q1 2026, up 8.87% on a YoY basis from $34.6 million in Q1 2025, and down 0.85% quarter-over-quarter from $37.9 million in Q4 2025.

Netstreit (NTST) Operating Expenses (2019 - 2026) Analysis & Trends

Netstreit has reported Operating Expenses for 8 years, with the latest figure at $37.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 8.87% year-over-year to $37.6 million; the trailing twelve-month figure through Mar 2026 stood at $147.9 million (changed 0.07% YoY), and the FY2025 full-year result was $144.8 million, changed 0.31% from the prior year.
  • Operating Expenses for Q1 2026 stood at $37.6 million, down from $37.9 million in the prior quarter.
  • The five-year high for Operating Expenses was $42.4 million in Q4 2024, with the low at $18.3 million in Q1 2022.
  • Historically, Operating Expenses has averaged $30.4 million across 5 years, with a median of $31.1 million in 2024.
  • Annual changes were most pronounced in 2022 — Operating Expenses surged 78.46% — and 2025, when it slipped 10.59%.
  • Netstreit's Operating Expenses stood at $23.1 million in 2022, then grew by 29.75% to $29.9 million in 2023, then surged by 41.86% to $42.4 million in 2024, then fell by 10.59% to $37.9 million in 2025, then fell by 0.85% to $37.6 million in 2026.
  • The last three Operating Expenses figures came in at $37.6 million (Q1 2026), $37.9 million (Q4 2025), and $36.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Simon Property 70.96 Bn 71.34 Bn 1.76 Bn 900.79 Mn
2 Realty Income 55.47 Bn 56.16 Bn - 1.24 Bn
3 Kimco Realty 17.44 Bn 17.46 Bn 447.43 Mn 364.31 Mn
4 Regency Centers 14.99 Bn 15.11 Bn - 73.30 Mn
5 Federal Realty Investment Trust 10.80 Bn 10.87 Bn 265.49 Mn 220.41 Mn
6 Agree Realty 9.07 Bn 9.05 Bn - 104.48 Mn
7 Nnn Reit 8.80 Bn 8.80 Bn - 105.96 Mn
8 Macerich 6.54 Bn 6.34 Bn 158.29 Mn 278.05 Mn
9 Essential Properties Realty Trust 6.48 Bn 6.49 Bn - 74.46 Mn
10 Netstreit 1.94 Bn 1.95 Bn - 37.62 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 37.62 Mn
Dec 31, 2025 37.95 Mn
Sep 30, 2025 36.33 Mn
Jun 30, 2025 35.96 Mn
Mar 31, 2025 34.56 Mn
Dec 31, 2024 42.44 Mn
Sep 30, 2024 39.08 Mn
Jun 30, 2024 31.68 Mn
Mar 31, 2024 31.14 Mn
Dec 31, 2023 29.92 Mn
Sep 30, 2023 26.50 Mn
Jun 30, 2023 27.49 Mn
Mar 31, 2023 23.90 Mn
Dec 31, 2022 23.06 Mn
Sep 30, 2022 20.55 Mn
Jun 30, 2022 20.90 Mn
Mar 31, 2022 18.27 Mn
Dec 31, 2021 15.67 Mn
Sep 30, 2021 13.72 Mn
Jun 30, 2021 16.03 Mn