Nexpoint Diversified Real Estate Trust (NXDT) Operating Expenses (2021 - 2026)
Nexpoint Diversified Real Estate Trust (NXDT) posted quarterly Operating Expenses of $19.4 million for Q1 2026, down 17.5% year-over-year from $23.5 million in Q1 2025, and up 141.15% quarter-over-quarter 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 reported Operating Expenses for 6 consecutive years, with $19.4 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses fell 17.5% year-over-year to $19.4 million; the TTM figure through Mar 2026 stood at $14.2 million (down 92.94% YoY), while the FY2025 annual figure was $33.7 million, down 93.53% from the prior year.
- Operating Expenses climbed to $19.4 million in Q1 2026 per NXDT's latest filing, from -$47.2 million in the prior quarter.
- Across five years, Operating Expenses topped out at $127.3 million in Q4 2024 and bottomed at -$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.
- Annual changes were most pronounced in 2024 — Operating Expenses soared 1889.67% — and 2025, when it plunged 137.06%.
- Nexpoint Diversified Real Estate Trust's Operating Expenses stood at $24.4 million in 2022, then tumbled by 73.73% to $6.4 million in 2023, then jumped by 1889.67% to $127.3 million in 2024, then slumped by 137.06% to -$47.2 million in 2025, then jumped by 141.15% to $19.4 million in 2026.
- Business Quant data shows NXDT's Operating Expenses at $19.4 million in Q1 2026, -$47.2 million in Q4 2025, and $20.8 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 28.92 Bn | 28.48 Bn | 1.05 Bn | 315.61 Mn |
| 2 | W. P. Carey | 16.08 Bn | 16.08 Bn | 441.59 Mn | 297.54 Mn |
| 3 | Broadstone Net Lease | 4.01 Bn | 4.00 Bn | - | 70.36 Mn |
| 4 | Global Net Lease | 1.91 Bn | 1.76 Bn | - | 80.99 Mn |
| 5 | American Assets Trust | 1.38 Bn | 1.38 Bn | - | 83.18 Mn |
| 6 | Safehold | 1.10 Bn | -2.59 Bn | 113.88 Mn | 86.39 Mn |
| 7 | Cim | 1.05 Bn | 2.41 Bn | - | 85.94 Mn |
| 8 | Empire State Realty Trust | 826.12 Mn | 826.12 Mn | - | 335.61 Mn |
| 9 | CTO Realty Growth | 764.50 Mn | 764.50 Mn | 32.71 Mn | 32.69 Mn |
| 10 | Nexpoint Diversified Real Estate Trust | 289.30 Mn | 289.30 Mn | - | 17.22 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 |