Nexpoint Diversified Real Estate Trust (NXDT) Operating Expenses (2021 - 2026)
Nexpoint Diversified Real Estate Trust's (NXDT) quarterly Operating Expenses came in at $19.4 million in Q1 2026, down 17.5% year-on-year from $23.5 million in Q1 2025, and up 141.15% on a QoQ basis from -$47.2 million in Q4 2025.
Nexpoint Diversified Real Estate Trust (NXDT) Operating Expenses (2021 - 2026) Analysis & Trends
Nexpoint Diversified Real Estate Trust (NXDT) has 6 years of Operating Expenses data on file, last reported at $19.4 million in Q1 2026.
- On a quarterly basis, Operating Expenses fell 17.5% year-over-year to $19.4 million in Q1 2026; TTM through Mar 2026 was $14.2 million, a 92.94% decrease from a year earlier, with the FY2025 full-year figure at $33.7 million, down 93.53% from the prior year.
- Operating Expenses for Q1 2026 stood at $19.4 million, up from -$47.2 million in the prior quarter.
- Over the last five years, Operating Expenses for NXDT reached as high as $127.3 million in Q4 2024 and fell as low as -$47.2 million in Q4 2025.
- Historically, Operating Expenses has averaged $18.9 million across 5 years, with a median of $13.9 million in 2023.
- Across the five-year window, Operating Expenses jumped 1889.67% in 2024 and slumped 137.06% in 2025, its largest moves.
- Year by year, Operating Expenses stood at $24.4 million in 2022, then tumbled by 73.73% to $6.4 million in 2023, then soared by 1889.67% to $127.3 million in 2024, then slumped by 137.06% to -$47.2 million in 2025, then soared by 141.15% to $19.4 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $19.4 million in Q1 2026, -$47.2 million in Q4 2025, and $20.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 28.12 Bn | 27.64 Bn | 1.01 Bn | 15.98 Mn |
| 2 | W. P. Carey | 16.60 Bn | 16.61 Bn | 434.82 Mn | 255.10 Mn |
| 3 | Broadstone Net Lease | 4.29 Bn | 4.40 Bn | - | 58.06 Mn |
| 4 | American Assets Trust | 1.47 Bn | 1.41 Bn | - | 86.87 Mn |
| 5 | Safehold | 1.15 Bn | -2.44 Bn | 109.54 Mn | 85.31 Mn |
| 6 | Empire State Realty Trust | 930.17 Mn | 1.66 Bn | - | 160.87 Mn |
| 7 | Cim | 917.30 Mn | 735.54 Mn | - | 64.12 Mn |
| 8 | JBG SMITH Properties | 855.38 Mn | 1.35 Bn | - | 135.70 Mn |
| 9 | CTO Realty Growth | 725.13 Mn | 725.13 Mn | 31.01 Mn | 30.88 Mn |
| 10 | Nexpoint Diversified Real Estate Trust | 280.46 Mn | 308.53 Mn | - | 19.42 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 19.42 Mn |
| Dec 31, 2025 | -47.20 Mn |
| Sep 30, 2025 | 20.79 Mn |
| Jun 30, 2025 | 21.17 Mn |
| Mar 31, 2025 | 23.54 Mn |
| Dec 31, 2024 | 127.34 Mn |
| Sep 30, 2024 | 28.16 Mn |
| Jun 30, 2024 | 21.68 Mn |
| Mar 31, 2024 | 11.03 Mn |
| Dec 31, 2023 | 6.40 Mn |
| Sep 30, 2023 | 12.89 Mn |
| Jun 30, 2023 | 13.85 Mn |
| Mar 31, 2023 | 12.54 Mn |
| Dec 31, 2022 | 24.36 Mn |
| Sep 30, 2022 | 12.72 Mn |
| Jun 30, 2022 | 6.87 Mn |
| Mar 31, 2022 | 4.92 Mn |
| Dec 31, 2021 | 5.84 Mn |
| Sep 30, 2021 | 4.99 Mn |