NexPoint Residential Trust (NXRT) Operating Expenses (2014 - 2026)
NexPoint Residential Trust (NXRT) posted quarterly 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 reported Operating Expenses for 13 consecutive years, with $55.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses fell 1.38% year-over-year to $55.0 million; the TTM figure through Mar 2026 stood at $222.6 million (down 2.33% YoY), while the FY2025 annual figure was $223.3 million, down 3.05% from the prior year.
- Operating Expenses eased to $55.0 million in Q1 2026 per NXRT's latest filing, from $56.9 million in the prior quarter.
- Across five years, Operating Expenses topped out at $61.6 million in Q2 2022 and bottomed at $55.0 million in Q1 2026.
- Historically, Operating Expenses has averaged $57.3 million across 5 years, with a median of $57.1 million in 2022.
- Annual changes were most pronounced in 2022 — Operating Expenses climbed 28.74% — and 2025, when it retreated 5.31%.
- NexPoint Residential Trust's Operating Expenses stood at $58.6 million in 2022, then dropped by 2.44% to $57.2 million in 2023, then slipped by 1.83% to $56.1 million in 2024, then grew by 1.36% to $56.9 million in 2025, then declined 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 | 26.11 Bn | 26.32 Bn | - | 636.04 Mn |
| 2 | Erp Operating Ltd Partnership | 23.87 Bn | 24.06 Bn | - | 566.18 Mn |
| 3 | Invitation Homes | 17.85 Bn | 17.85 Bn | 705.34 Mn | 657.51 Mn |
| 4 | Mid America Apartment Communities | 15.29 Bn | 15.16 Bn | 537.17 Mn | 218.72 Mn |
| 5 | Sun Communities | 14.91 Bn | 14.91 Bn | 460.10 Mn | 434.40 Mn |
| 6 | Equity Lifestyle Properties | 12.63 Bn | 12.63 Bn | 375.97 Mn | 298.46 Mn |
| 7 | American Homes 4 Rent | 12.36 Bn | 12.36 Bn | - | 397.77 Mn |
| 8 | Udr | 12.17 Bn | 12.17 Bn | 412.43 Mn | 345.25 Mn |
| 9 | Camden Property Trust | 11.02 Bn | 11.02 Bn | - | 140.94 Mn |
| 10 | NexPoint Residential Trust | 620.19 Mn | 620.19 Mn | - | 57.55 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 57.55 Mn |
| 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 |