National Health Investors annual operating expenses
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National Health Investors Operating Expenses Growth & History (NHI)
National Health Investors's operating expenses was $239.0M for fiscal 2025.
View full National Health Investors company overviewNational Health Investors annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $239.0M | $27.1M | +12.78% |
| 2024 | 2024-12-31 | $211.9M | $11.0M | +5.48% |
| 2023 | 2023-12-31 | $200.9M | −$41.0M | −16.94% |
| 2022 | 2022-12-31 | $241.9M | $25.7M | +11.90% |
| 2021 | 2021-12-31 | $216.1M | $54.4M | +33.61% |
| 2020 | 2020-12-31 | $161.8M | $5.0M | +3.16% |
| 2019 | 2019-12-31 | $156.8M | $17.3M | +12.37% |
| 2018 | 2018-12-31 | $139.5M | $12.4M | +9.73% |
| 2017 | 2017-12-31 | $127.2M | −$2.5M | −1.95% |
| 2016 | 2016-12-31 | $129.7M | $27.5M | +26.87% |
| 2015 | 2015-12-31 | $102.2M | $27.9M | +37.46% |
| 2014 | 2014-12-31 | $74.4M | $32.5M | +77.78% |
| 2013 | 2013-12-31 | $41.8M | $16.4M | +64.66% |
| 2012 | 2012-12-31 | $25.4M | $1.2M | +5.05% |
| 2011 | 2011-12-31 | $24.2M | $3.1M | +14.80% |
| 2010 | 2010-12-31 | $21.1M | $6.9M | +49.00% |
| 2009 | 2009-12-31 | $14.1M | $1.8M | +14.91% |
| 2008 | 2008-12-31 | $12.3M | — | — |
National Health Investors quarterly operating expenses
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Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $87.3M | $31.7M | +56.96% |
| Q1 2026 | 2026-03-31 | $78.0M | $22.0M | +39.31% |
| Q4 2025 | 2025-12-31 | $69.8M | $15.6M | +28.80% |
| Q3 2025 | 2025-09-30 | $57.6M | $2.8M | +5.02% |
| Q2 2025 | 2025-06-30 | $55.6M | $3.8M | +7.41% |
| Q1 2025 | 2025-03-31 | $56.0M | $4.9M | +9.56% |
| Q4 2024 | 2024-12-31 | $54.2M | $4.7M | +9.42% |
| Q3 2024 | 2024-09-30 | $54.8M | $2.8M | +5.37% |
| Q2 2024 | 2024-06-30 | $51.8M | $2.0M | +4.08% |
| Q1 2024 | 2024-03-31 | $51.1M | $1.5M | +3.06% |
| Q4 2023 | 2023-12-31 | $49.5M | −$19.6M | −28.34% |
| Q3 2023 | 2023-09-30 | $52.0M | −$4.9M | −8.64% |
| Q2 2023 | 2023-06-30 | $49.7M | $131,000 | +0.26% |
| Q1 2023 | 2023-03-31 | $49.6M | −$16.6M | −25.08% |
| Q4 2022 | 2022-12-31 | $69.1M | $254,000 | +0.37% |
| Q3 2022 | 2022-09-30 | $56.9M | −$5.4M | −8.72% |
| Q2 2022 | 2022-06-30 | $49.6M | $8.9M | +21.97% |
| Q1 2022 | 2022-03-31 | $66.2M | $22.0M | +49.65% |
| Q4 2021 | 2021-12-31 | $68.9M | — | — |
| Q3 2021 | 2021-09-30 | $62.4M | — | — |
| Q2 2021 | 2021-06-30 | $40.7M | — | — |
| Q1 2021 | 2021-03-31 | $44.2M | — | — |
| Q4 2019 | 2019-12-31 | $39.3M | $2.4M | +6.57% |
| Q3 2019 | 2019-09-30 | $38.9M | $5.0M | +14.71% |
| Q2 2019 | 2019-06-30 | $38.1M | $3.0M | +8.55% |
| Q1 2019 | 2019-03-31 | $40.4M | $6.9M | +20.41% |
| Q4 2018 | 2018-12-31 | $36.9M | $5.2M | +16.51% |
| Q3 2018 | 2018-09-30 | $33.9M | $2.2M | +6.83% |
| Q2 2018 | 2018-06-30 | $35.1M | $3.6M | +11.54% |
| Q1 2018 | 2018-03-31 | $33.6M | $1.3M | +4.16% |
| Q4 2017 | 2017-12-31 | $31.7M | $1.7M | +5.70% |
| Q3 2017 | 2017-09-30 | $31.8M | $2.0M | +6.65% |
| Q2 2017 | 2017-06-30 | $31.5M | −$11.1M | −26.10% |
| Q1 2017 | 2017-03-31 | $32.2M | $4.9M | +17.94% |
| Q4 2016 | 2016-12-31 | $30.0M | $3.2M | +12.08% |
| Q3 2016 | 2016-09-30 | $29.8M | $4.5M | +17.82% |
| Q2 2016 | 2016-06-30 | $42.6M | $18.0M | +73.14% |
| Q1 2016 | 2016-03-31 | $27.3M | $1.7M | +6.77% |
| Q4 2015 | 2015-12-31 | $26.7M | $9.4M | +53.79% |
| Q3 2015 | 2015-09-30 | $25.3M | $6.4M | +33.69% |
| Q2 2015 | 2015-06-30 | $24.6M | $6.0M | +32.04% |
| Q1 2015 | 2015-03-31 | $25.6M | $6.2M | +31.71% |
| Q4 2014 | 2014-12-31 | $17.4M | $5.9M | +50.79% |
| Q3 2014 | 2014-09-30 | $18.9M | $10.2M | +117.70% |
| Q2 2014 | 2014-06-30 | $18.6M | $9.9M | +114.29% |
| Q1 2014 | 2014-03-31 | $19.4M | $6.5M | +50.47% |
| Q4 2013 | 2013-12-31 | $11.5M | $10.0M | +662.70% |
| Q3 2013 | 2013-09-30 | $8.7M | −$2.4M | −21.46% |
| Q2 2013 | 2013-06-30 | $8.7M | $2.7M | +45.13% |
| Q1 2013 | 2013-03-31 | $12.9M | $6.1M | +88.83% |
| Q4 2012 | 2012-12-31 | $1.5M | −$4.0M | −72.33% |
| Q3 2012 | 2012-09-30 | $11.1M | $4.9M | +80.57% |
| Q2 2012 | 2012-06-30 | $6.0M | −$155,000 | −2.52% |
| Q1 2012 | 2012-03-31 | $6.8M | $394,000 | +6.11% |
| Q4 2011 | 2011-12-31 | $5.5M | −$516,000 | −8.63% |
| Q3 2011 | 2011-09-30 | $6.1M | $1.9M | +44.94% |
| Q2 2011 | 2011-06-30 | $6.1M | $2.2M | +54.84% |
| Q1 2011 | 2011-03-31 | $6.4M | −$442,000 | −6.42% |
| Q4 2010 | 2010-12-31 | $6.0M | — | — |
| Q3 2010 | 2010-09-30 | $4.2M | $526,000 | +14.22% |
| Q2 2010 | 2010-06-30 | $4.0M | $429,000 | +12.12% |
| Q1 2010 | 2010-03-31 | $6.9M | — | — |
| Q3 2009 | 2009-09-30 | $3.7M | — | — |
| Q2 2009 | 2009-06-30 | $3.5M | — | — |
National Health Investors operating expenses trends
Over the last five fiscal years, National Health Investors's operating expenses increased from $161.8M to $239.0M, a change of $77.2M. The latest reported quarter, Q2 2026, shows $87.3M.
About the metric
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.
Calculation and source
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.
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