Netstreit Operating Expenses Growth & History (NTST)
Netstreit's operating expenses was $144.8M for fiscal 2025.
View full Netstreit company overviewNetstreit annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $144.8M | $453,000 | +0.31% |
| 2024 | 2024-12-31 | $144.3M | $36.5M | +33.89% |
| 2023 | 2023-12-31 | $107.8M | $25.0M | +30.24% |
| 2022 | 2022-12-31 | $82.8M | $27.1M | +48.72% |
| 2021 | 2021-12-31 | $55.7M | $20.4M | +58.00% |
| 2020 | 2020-12-31 | $35.2M | — | — |
Netstreit quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $41.6M | $5.6M | +15.60% |
| Q1 2026 | 2026-03-31 | $37.6M | $3.1M | +8.87% |
| Q4 2025 | 2025-12-31 | $37.9M | −$4.5M | −10.59% |
| Q3 2025 | 2025-09-30 | $36.3M | −$2.8M | −7.04% |
| Q2 2025 | 2025-06-30 | $36.0M | $4.3M | +13.52% |
| Q1 2025 | 2025-03-31 | $34.6M | $3.4M | +10.97% |
| Q4 2024 | 2024-12-31 | $42.4M | $12.5M | +41.88% |
| Q3 2024 | 2024-09-30 | $39.1M | $12.6M | +47.48% |
| Q2 2024 | 2024-06-30 | $31.7M | $4.2M | +15.24% |
| Q1 2024 | 2024-03-31 | $31.1M | $7.2M | +30.28% |
| Q4 2023 | 2023-12-31 | $29.9M | $6.9M | +29.74% |
| Q3 2023 | 2023-09-30 | $26.5M | $6.0M | +28.96% |
| Q2 2023 | 2023-06-30 | $27.5M | $6.6M | +31.50% |
| Q1 2023 | 2023-03-31 | $23.9M | $5.6M | +30.85% |
| Q4 2022 | 2022-12-31 | $23.1M | $7.4M | +47.11% |
| Q3 2022 | 2022-09-30 | $20.5M | $6.8M | +49.78% |
| Q2 2022 | 2022-06-30 | $20.9M | $4.9M | +30.39% |
| Q1 2022 | 2022-03-31 | $18.3M | $8.0M | +78.46% |
| Q4 2021 | 2021-12-31 | $15.7M | — | — |
| Q3 2021 | 2021-09-30 | $13.7M | — | — |
| Q2 2021 | 2021-06-30 | $16.0M | — | — |
| Q1 2021 | 2021-03-31 | $10.2M | — | — |
Netstreit operating expenses trends
Over the last five fiscal years, Netstreit's operating expenses increased from $35.2M to $144.8M, a change of $109.6M. The latest reported quarter, Q2 2026, shows $41.6M.
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.
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