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