NewLake Capital Partners Operating Expenses Growth & History (NLCP)
NewLake Capital Partners's operating expenses was $23.8M for fiscal 2025.
View full NewLake Capital Partners company overviewNewLake Capital Partners annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $23.8M | $965,000 | +4.22% |
| 2024 | 2024-12-31 | $22.9M | $384,000 | +1.71% |
| 2023 | 2023-12-31 | $22.5M | $58,000 | +0.26% |
| 2022 | 2022-12-31 | $22.4M | $5.9M | +35.39% |
| 2021 | 2021-12-31 | $16.6M | −$7.2M | −30.23% |
| 2020 | 2020-12-31 | $23.7M | — | — |
NewLake Capital Partners quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $6.0M | $617,000 | +11.55% |
| Q1 2026 | 2026-03-31 | $6.3M | −$423,000 | −6.29% |
| Q4 2025 | 2025-12-31 | $6.1M | $288,000 | +4.98% |
| Q3 2025 | 2025-09-30 | $5.7M | −$249,000 | −4.20% |
| Q2 2025 | 2025-06-30 | $5.3M | −$158,000 | −2.87% |
| Q1 2025 | 2025-03-31 | $6.7M | $1.1M | +19.20% |
| Q4 2024 | 2024-12-31 | $5.8M | −$23,000 | −0.40% |
| Q3 2024 | 2024-09-30 | $5.9M | $423,000 | +7.68% |
| Q2 2024 | 2024-06-30 | $5.5M | −$87,000 | −1.56% |
| Q1 2024 | 2024-03-31 | $5.6M | $71,000 | +1.27% |
| Q4 2023 | 2023-12-31 | $5.8M | $473,000 | +8.86% |
| Q3 2023 | 2023-09-30 | $5.5M | $140,000 | +2.61% |
| Q2 2023 | 2023-06-30 | $5.6M | −$1.1M | −16.89% |
| Q1 2023 | 2023-03-31 | $5.6M | $581,000 | +11.64% |
| Q4 2022 | 2022-12-31 | $5.3M | $764,000 | +16.70% |
| Q3 2022 | 2022-09-30 | $5.4M | $78,000 | +1.47% |
| Q2 2022 | 2022-06-30 | $6.7M | $2.9M | +76.23% |
| Q1 2022 | 2022-03-31 | $5.0M | $2.1M | +73.19% |
| Q4 2021 | 2021-12-31 | $4.6M | — | — |
| Q3 2021 | 2021-09-30 | $5.3M | −$12.6M | −70.44% |
| Q2 2021 | 2021-06-30 | $3.8M | $2.0M | +109.10% |
| Q1 2021 | 2021-03-31 | $2.9M | — | — |
| Q3 2020 | 2020-09-30 | $17.9M | — | — |
| Q2 2020 | 2020-06-30 | $1.8M | — | — |
NewLake Capital Partners operating expenses trends
Over the last five fiscal years, NewLake Capital Partners's operating expenses increased from $23.7M to $23.8M, a change of $91,000. The latest reported quarter, Q2 2026, shows $6.0M.
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 NewLake Capital Partners source filings ↗