Nnn Reit annual operating expenses
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Nnn Reit Operating Expenses Growth & History (NNN)
Nnn Reit's operating expenses was $384.9M for fiscal 2025.
View full Nnn Reit company overviewNnn Reit annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $384.9M | $51.3M | +15.36% |
| 2024 | 2024-12-31 | $333.7M | $13.2M | +4.12% |
| 2023 | 2023-12-31 | $320.5M | $12.5M | +4.07% |
| 2022 | 2022-12-31 | $308.0M | $7.6M | +2.51% |
| 2021 | 2021-12-31 | $300.4M | −$2.0M | −0.67% |
| 2020 | 2020-12-31 | $302.4M | $16.0M | +5.59% |
| 2019 | 2019-12-31 | $286.4M | $23.5M | +8.92% |
| 2018 | 2018-12-31 | $263.0M | $15.5M | +6.28% |
| 2017 | 2017-12-31 | $247.4M | $22.9M | +10.18% |
| 2016 | 2016-12-31 | $224.6M | $30.3M | +15.61% |
| 2015 | 2015-12-31 | $194.3M | $25.6M | +15.20% |
| 2014 | 2014-12-31 | $168.6M | $15.0M | +9.76% |
| 2013 | 2013-12-31 | $153.6M | $23.9M | +18.39% |
| 2012 | 2012-12-31 | $129.8M | $27.8M | +27.31% |
| 2011 | 2011-12-31 | $101.9M | $7.7M | +8.12% |
| 2010 | 2010-12-31 | $94.3M | −$24.6M | −20.66% |
| 2009 | 2009-12-31 | $118.8M | $38.2M | +47.28% |
| 2008 | 2008-12-31 | $80.7M | — | — |
Nnn Reit quarterly operating expenses
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| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $102.0M | $8.8M | +9.43% |
| Q1 2026 | 2026-03-31 | $85.5M | −$5.3M | −5.87% |
| Q4 2025 | 2025-12-31 | $105.5M | $18.6M | +21.47% |
| Q3 2025 | 2025-09-30 | $95.5M | $12.7M | +15.31% |
| Q2 2025 | 2025-06-30 | $93.2M | $11.0M | +13.43% |
| Q1 2025 | 2025-03-31 | $90.8M | $8.9M | +10.88% |
| Q4 2024 | 2024-12-31 | $86.8M | $3.0M | +3.61% |
| Q3 2024 | 2024-09-30 | $82.8M | $5.3M | +6.87% |
| Q2 2024 | 2024-06-30 | $82.2M | $4.3M | +5.55% |
| Q1 2024 | 2024-03-31 | $81.9M | $524,000 | +0.64% |
| Q4 2023 | 2023-12-31 | $83.8M | $6.8M | +8.83% |
| Q3 2023 | 2023-09-30 | $77.5M | $3.4M | +4.66% |
| Q2 2023 | 2023-06-30 | $77.8M | −$2.9M | −3.54% |
| Q1 2023 | 2023-03-31 | $81.4M | $5.1M | +6.75% |
| Q4 2022 | 2022-12-31 | $77.0M | −$1.2M | −1.55% |
| Q3 2022 | 2022-09-30 | $74.0M | $569,000 | +0.77% |
| Q2 2022 | 2022-06-30 | $80.7M | $3.6M | +4.65% |
| Q1 2022 | 2022-03-31 | $76.2M | $4.6M | +6.44% |
| Q4 2021 | 2021-12-31 | $78.2M | $5.6M | +7.76% |
| Q3 2021 | 2021-09-30 | $73.4M | $2.6M | +3.64% |
| Q2 2021 | 2021-06-30 | $77.1M | −$9.4M | −10.85% |
| Q1 2021 | 2021-03-31 | $71.6M | −$850,000 | −1.17% |
| Q4 2020 | 2020-12-31 | $72.6M | −$3.9M | −5.04% |
| Q3 2020 | 2020-09-30 | $70.9M | −$3.7M | −4.91% |
| Q2 2020 | 2020-06-30 | $86.5M | $17.1M | +24.69% |
| Q1 2020 | 2020-03-31 | $72.5M | $6.4M | +9.65% |
| Q4 2019 | 2019-12-31 | $76.4M | −$2.4M | −2.99% |
| Q3 2019 | 2019-09-30 | $74.5M | $13.9M | +22.90% |
| Q2 2019 | 2019-06-30 | $69.4M | $7.4M | +11.96% |
| Q1 2019 | 2019-03-31 | $66.1M | $4.5M | +7.35% |
| Q4 2018 | 2018-12-31 | $78.8M | $11.9M | +17.75% |
| Q3 2018 | 2018-09-30 | $60.6M | −$983,000 | −1.60% |
| Q2 2018 | 2018-06-30 | $62.0M | −$991,000 | −1.57% |
| Q1 2018 | 2018-03-31 | $61.6M | $5.6M | +10.07% |
| Q4 2017 | 2017-12-31 | $66.9M | $11.6M | +21.03% |
| Q3 2017 | 2017-09-30 | $61.6M | −$2.3M | −3.60% |
| Q2 2017 | 2017-06-30 | $63.0M | $7.1M | +12.66% |
| Q1 2017 | 2017-03-31 | $55.9M | $6.4M | +13.03% |
| Q4 2016 | 2016-12-31 | $55.3M | $4.4M | +8.75% |
| Q3 2016 | 2016-09-30 | $63.9M | $16.8M | +35.77% |
| Q2 2016 | 2016-06-30 | $55.9M | $6.1M | +12.20% |
| Q1 2016 | 2016-03-31 | $49.5M | $3.0M | +6.34% |
| Q4 2015 | 2015-12-31 | $50.8M | $7.3M | +16.74% |
| Q3 2015 | 2015-09-30 | $47.1M | $4.6M | +10.79% |
| Q2 2015 | 2015-06-30 | $49.8M | $8.8M | +21.55% |
| Q1 2015 | 2015-03-31 | $46.5M | $4.9M | +11.83% |
| Q4 2014 | 2014-12-31 | $43.5M | $3.7M | +9.17% |
| Q3 2014 | 2014-09-30 | $42.5M | $4.1M | +10.78% |
| Q2 2014 | 2014-06-30 | $41.0M | $4.4M | +12.00% |
| Q1 2014 | 2014-03-31 | $41.6M | $2.8M | +7.26% |
| Q4 2013 | 2013-12-31 | $39.9M | $5.4M | +15.50% |
| Q3 2013 | 2013-09-30 | $38.4M | $5.4M | +16.39% |
| Q2 2013 | 2013-06-30 | $36.6M | $4.3M | +13.29% |
| Q1 2013 | 2013-03-31 | $38.8M | $8.8M | +29.40% |
| Q4 2012 | 2012-12-31 | $34.5M | $7.2M | +26.51% |
| Q3 2012 | 2012-09-30 | $33.0M | $6.7M | +25.58% |
| Q2 2012 | 2012-06-30 | $32.3M | $7.8M | +31.70% |
| Q1 2012 | 2012-03-31 | $30.0M | $6.1M | +25.62% |
| Q4 2011 | 2011-12-31 | $27.3M | −$775,000 | −2.76% |
| Q3 2011 | 2011-09-30 | $26.2M | $5.6M | +27.09% |
| Q2 2011 | 2011-06-30 | $24.5M | $3.5M | +16.71% |
| Q1 2011 | 2011-03-31 | $23.9M | −$677,000 | −2.76% |
| Q4 2010 | 2010-12-31 | $28.1M | — | — |
| Q3 2010 | 2010-09-30 | $20.7M | $1.1M | +5.46% |
| Q2 2010 | 2010-06-30 | $21.0M | −$90,000 | −0.43% |
| Q1 2010 | 2010-03-31 | $24.5M | — | — |
| Q3 2009 | 2009-09-30 | $19.6M | — | — |
| Q2 2009 | 2009-06-30 | $21.1M | — | — |
Nnn Reit operating expenses trends
Over the last five fiscal years, Nnn Reit's operating expenses increased from $302.4M to $384.9M, a change of $82.5M. The latest reported quarter, Q2 2026, shows $102.0M.
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 Nnn Reit source filings ↗