Netstreit (NTST) Operating Expenses (2019 - 2026)

Netstreit's (NTST) quarterly Operating Expenses came in at $41.6 million in Q2 2026, up 15.6% YoY from $36.0 million in Q2 2025, and up 10.49% on a QoQ basis from $37.6 million in Q1 2026.

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

Netstreit (NTST) has 8 years of Operating Expenses data on file, last reported at $41.6 million in Q2 2026.

  • Quarterly Operating Expenses rose 15.6% year-over-year to $41.6 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $153.5 million (up 0.94% YoY) and the FY2025 annual result came in at $144.8 million, changed 0.31% from the prior year.
  • Operating Expenses advanced to $41.6 million in Q2 2026, from $37.6 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $42.4 million in Q4 2024 to a low of $18.3 million in Q1 2022.
  • A 5-year average of $31.1 million and a median of $31.4 million in 2024 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2022 — Operating Expenses surged 78.46% — and 2025, when it slipped 10.59%.
  • Tracing NTST's Operating Expenses over 5 years: 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 grew by 9.55% to $41.6 million in 2026.
  • The last three Operating Expenses figures came in at $41.6 million (Q2 2026), $37.6 million (Q1 2026), and $37.9 million (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Simon Property 72.62 Bn 72.62 Bn 1.76 Bn 900.79 Mn
2 Realty Income 57.85 Bn 57.85 Bn - 1.19 Bn
3 Kimco Realty 16.14 Bn 16.14 Bn 455.67 Mn 356.02 Mn
4 Federal Realty Investment Trust 10.05 Bn 10.05 Bn 271.22 Mn 217.66 Mn
5 Agree Realty 8.86 Bn 8.85 Bn - 112.31 Mn
6 Nnn Reit 8.69 Bn 8.69 Bn - 102.00 Mn
7 Macerich 6.67 Bn 6.67 Bn 171.77 Mn 277.43 Mn
8 Essential Properties Realty Trust 6.53 Bn 6.53 Bn - 62.12 Mn
9 Kite Realty Group Trust 5.31 Bn 5.31 Bn - 150.10 Mn
10 Netstreit 1.96 Bn 1.96 Bn - 41.57 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 41.57 Mn
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