Net Lease Office Properties annual operating expenses
2021
2022
2023
2024
2025
Net Lease Office Properties Operating Expenses Growth & History (NLOP)
Net Lease Office Properties's operating expenses was $219.6M for fiscal 2025.
View full Net Lease Office Properties company overviewNet Lease Office Properties annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $219.6M | $33.5M | +18.00% |
| 2024 | 2024-12-31 | $186.1M | −$74.4M | −28.55% |
| 2023 | 2023-12-31 | $260.5M | $147.4M | +130.32% |
| 2022 | 2022-12-31 | $113.1M | $14.1M | +14.28% |
| 2021 | 2021-12-31 | $99.0M | — | — |
Net Lease Office Properties quarterly operating expenses
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $12.8M | −$90.8M | −87.63% |
| Q1 2026 | 2026-03-31 | $6.0M | −$16.3M | −73.14% |
| Q4 2025 | 2025-12-31 | $24.2M | −$31.8M | −56.83% |
| Q3 2025 | 2025-09-30 | $69.5M | $10.2M | +17.27% |
| Q2 2025 | 2025-06-30 | $103.6M | $67.0M | +182.67% |
| Q1 2025 | 2025-03-31 | $22.3M | −$11.9M | −34.79% |
| Q4 2024 | 2024-12-31 | $56.0M | −$111.1M | −66.50% |
| Q3 2024 | 2024-09-30 | $59.3M | $27.3M | +85.21% |
| Q2 2024 | 2024-06-30 | $36.7M | $5.9M | +19.09% |
| Q1 2024 | 2024-03-31 | $34.2M | $3.6M | +11.58% |
| Q4 2023 | 2023-12-31 | $167.0M | — | — |
| Q3 2023 | 2023-09-30 | $32.0M | — | — |
| Q2 2023 | 2023-06-30 | $30.8M | — | — |
| Q1 2023 | 2023-03-31 | $30.7M | — | — |
Net Lease Office Properties operating expenses trends
Between the periods ended 2021-12-31 and 2025-12-31, Net Lease Office Properties's operating expenses increased from $99.0M to $219.6M, a change of $120.7M. The latest reported quarter, Q2 2026, shows $12.8M.
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.
Review Net Lease Office Properties source filings ↗