Global Net Lease Operating Expenses Growth & History (GNL)
Global Net Lease's operating expenses was $256.5M for fiscal 2025.
View full Global Net Lease company overviewGlobal Net Lease annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $256.5M | −$21.7M | −7.79% |
| 2024 | 2024-12-31 | $278.1M | −$181.3M | −39.46% |
| 2023 | 2023-12-31 | $459.4M | $180.7M | +64.87% |
| 2022 | 2022-12-31 | $278.6M | — | — |
| 2020 | 2020-12-31 | $230.7M | — | — |
| 2018 | 2018-12-31 | $208.4M | $35.2M | +20.31% |
| 2017 | 2017-12-31 | $173.2M | $19.4M | +12.58% |
| 2016 | 2016-12-31 | $153.9M | −$18.2M | −10.59% |
| 2015 | 2015-12-31 | $172.1M | $35.2M | +25.69% |
| 2014 | 2014-12-31 | $136.9M | $126.9M | +1268.47% |
| 2013 | 2013-12-31 | $10.0M | $9.6M | +2211.09% |
| 2012 · Dec 31 | 2012-12-31 | $433,000 | — | — |
Global Net Lease quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $57.3M | −$3.0M | −4.93% |
| Q1 2026 | 2026-03-31 | $57.8M | — | — |
| Q4 2025 | 2025-12-31 | $60.8M | — | — |
| Q3 2025 | 2025-09-30 | $59.7M | — | — |
| Q2 2025 | 2025-06-30 | $60.3M | — | — |
| Q4 2023 | 2023-12-31 | $91.0M | $20.8M | +29.69% |
| Q3 2023 | 2023-09-30 | $213.0M | $149.3M | +234.26% |
| Q2 2023 | 2023-06-30 | $91.4M | $10.9M | +13.58% |
| Q1 2023 | 2023-03-31 | $64.0M | −$324,000 | −0.50% |
| Q4 2022 | 2022-12-31 | $70.2M | — | — |
| Q3 2022 | 2022-09-30 | $63.7M | — | — |
| Q2 2022 | 2022-06-30 | $80.4M | $9.8M | +13.95% |
| Q1 2022 | 2022-03-31 | $64.3M | $669,000 | +1.05% |
| Q2 2021 | 2021-06-30 | $70.6M | $13.9M | +24.61% |
| Q1 2021 | 2021-03-31 | $63.6M | $8.2M | +14.76% |
| Q4 2020 | 2020-12-31 | $61.9M | — | — |
| Q3 2020 | 2020-09-30 | $56.7M | −$3.7M | −6.06% |
| Q2 2020 | 2020-06-30 | $56.7M | $4.8M | +9.18% |
| Q1 2020 | 2020-03-31 | $55.4M | $3.2M | +6.03% |
| Q3 2019 | 2019-09-30 | $60.4M | $9.8M | +19.40% |
| Q2 2019 | 2019-06-30 | $51.9M | $3.1M | +6.31% |
| Q1 2019 | 2019-03-31 | $52.3M | $6.0M | +13.01% |
| Q4 2018 | 2018-12-31 | $62.8M | $20.1M | +46.89% |
| Q3 2018 | 2018-09-30 | $50.6M | $4.2M | +8.99% |
| Q2 2018 | 2018-06-30 | $48.8M | $7.3M | +17.49% |
| Q1 2018 | 2018-03-31 | $46.3M | $3.7M | +8.69% |
| Q4 2017 | 2017-12-31 | $42.8M | −$2.0M | −4.41% |
| Q3 2017 | 2017-09-30 | $46.4M | $8.4M | +21.96% |
| Q2 2017 | 2017-06-30 | $41.5M | $7.3M | +21.15% |
| Q1 2017 | 2017-03-31 | $42.6M | $5.7M | +15.54% |
| Q4 2016 | 2016-12-31 | $44.7M | $10.2M | +29.45% |
| Q3 2016 | 2016-09-30 | $38.0M | −$736,000 | −1.90% |
| Q2 2016 | 2016-06-30 | $34.3M | −$35.3M | −50.70% |
| Q1 2016 | 2016-03-31 | $36.8M | $7.6M | +25.95% |
| Q4 2015 | 2015-12-31 | $34.6M | −$15.2M | −30.54% |
| Q3 2015 | 2015-09-30 | $38.8M | −$7.9M | −17.00% |
| Q2 2015 | 2015-06-30 | $69.6M | $51.2M | +279.15% |
| Q1 2015 | 2015-03-31 | $29.2M | $7.1M | +32.10% |
| Q4 2014 | 2014-12-31 | $49.7M | $45.2M | +1000.13% |
| Q3 2014 | 2014-09-30 | $46.7M | $42.7M | +1070.36% |
| Q2 2014 | 2014-06-30 | $18.3M | $16.9M | +1156.44% |
| Q1 2014 | 2014-03-31 | $22.1M | $22.1M | +65023.53% |
| Q4 2013 | 2013-12-31 | $4.5M | $4.2M | +1538.41% |
| Q3 2013 | 2013-09-30 | $4.0M | $3.9M | +4191.40% |
| Q2 2013 | 2013-06-30 | $1.5M | $1.4M | +2217.46% |
| Q1 2013 | 2013-03-31 | $34,000 | $33,000 | +3300.00% |
| Q4 2012 | 2012-12-31 | $276,000 | — | — |
| Q4 2012 · Sep 30 | 2012-09-30 | $93,000 | $93,000 | — |
| Q3 2012 · Jun 30 | 2012-06-30 | $63,000 | — | — |
| Q2 2012 | 2012-03-31 | $1,000 | — | — |
| Q3 2012 · Sep 30 | 2011-09-30 | $0 | — | — |
Global Net Lease operating expenses trends
Over the last five fiscal years, Global Net Lease's operating expenses increased from $230.7M to $256.5M, a change of $25.7M. The latest reported quarter, Q2 2026, shows $57.3M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Global Net Lease source filings ↗