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| Date | Value |
|---|---|
| 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 |