NexPoint Residential Trust (NXRT) Operating Expenses (2014 - 2026)
NexPoint Residential Trust (NXRT) reported Operating Expenses of $55.0 million for Q1 2026, down 1.38% year-over-year from $55.8 million in Q1 2025, and down 3.3% quarter-over-quarter from $56.9 million in Q4 2025.
NexPoint Residential Trust (NXRT) Operating Expenses (2014 - 2026) Analysis & Trends
NexPoint Residential Trust (NXRT) has 13 years of Operating Expenses data on file, last reported at $55.0 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $55.0 million, down 1.38% year-over-year; the trailing twelve-month figure through Mar 2026 was $222.6 million (down 2.33% YoY), and the FY2025 annual result was $223.3 million, down 3.05% from the prior year.
- Operating Expenses fell to $55.0 million in Q1 2026 per NXRT's latest filing, from $56.9 million in the prior quarter.
- Over five years, Operating Expenses peaked at $61.6 million in Q2 2022 and troughed at $55.0 million in Q1 2026.
- A 5-year average of $57.3 million and a median of $57.1 million in 2022 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses climbed 28.74% in 2022, then retreated 5.31% in 2025.
- A 5-year view of Operating Expenses shows it stood at $58.6 million in 2022, then slipped by 2.44% to $57.2 million in 2023, then decreased by 1.83% to $56.1 million in 2024, then climbed by 1.36% to $56.9 million in 2025, then dropped by 3.3% to $55.0 million in 2026.
- Business Quant data shows NXRT's Operating Expenses at $55.0 million in Q1 2026, $56.9 million in Q4 2025, and $55.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 24.79 Bn | 25.01 Bn | - | 623.23 Mn |
| 2 | Equity Residential | 24.35 Bn | 24.48 Bn | - | -1.66 Bn |
| 3 | Invitation Homes | 17.23 Bn | 17.27 Bn | 694.98 Mn | 654.71 Mn |
| 4 | Mid America Apartment Communities | 15.51 Bn | 15.59 Bn | 537.05 Mn | 205.74 Mn |
| 5 | Sun Communities | 14.54 Bn | 14.65 Bn | 491.20 Mn | 484.40 Mn |
| 6 | American Homes 4 Rent | 13.37 Bn | 13.94 Bn | - | 384.36 Mn |
| 7 | Udr | 12.30 Bn | 12.30 Bn | 416.43 Mn | 353.46 Mn |
| 8 | Equity Lifestyle Properties | 12.06 Bn | 12.12 Bn | 393.79 Mn | 285.25 Mn |
| 9 | Camden Property Trust | 11.45 Bn | 11.53 Bn | - | 140.07 Mn |
| 10 | NexPoint Residential Trust | 670.51 Mn | 675.23 Mn | - | 55.03 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 55.03 Mn |
| Dec 31, 2025 | 56.90 Mn |
| Sep 30, 2025 | 55.41 Mn |
| Jun 30, 2025 | 55.25 Mn |
| Mar 31, 2025 | 55.79 Mn |
| Dec 31, 2024 | 56.13 Mn |
| Sep 30, 2024 | 58.52 Mn |
| Jun 30, 2024 | 57.44 Mn |
| Mar 31, 2024 | 58.30 Mn |
| Dec 31, 2023 | 57.18 Mn |
| Sep 30, 2023 | 59.47 Mn |
| Jun 30, 2023 | 59.52 Mn |
| Mar 31, 2023 | 56.11 Mn |
| Dec 31, 2022 | 58.61 Mn |
| Sep 30, 2022 | 57.08 Mn |
| Jun 30, 2022 | 61.57 Mn |
| Mar 31, 2022 | 55.13 Mn |
| Dec 31, 2021 | 53.84 Mn |
| Sep 30, 2021 | 50.83 Mn |
| Jun 30, 2021 | 47.82 Mn |