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NNN REIT NNN Total Operating Expenses

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Other financials

Income statement

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Revenue$244.3M+7.7%
Operating income$151.4M+1.1%
Net income$97.9M-2.6%
EPS (diluted)$0.52-3.7%

Balance sheet

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Cash & equivalents$4.2M-29.3%
Total equity$4.5B+2.3%
Total assets$9.6B+5.0%

Cash flow

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Operating cash flow$141.5M+18.5%
CapEx$15.5M+253%
Free cash flow$176.0M-5.2%

Valuation

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Market cap$9.02B+15.6%
P/E23.5×+3.6×
P/S9.5×+0.7×

Profitability

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Operating margin62.3%-2.6pp
Net margin40.4%-3.5pp

Returns & leverage

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Return on equity8.7%-0.5pp

Where this comes from

Reported directly by NNN REIT in its filing.

Tagged under the XBRL concept us-gaap:OperatingExpenses.

The source filing: NNN REIT’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 8:35 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-333967
Line itemQuarter Ended June 30, 2026Quarter Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Leasing transaction costs21274356204
Impairment losses – real estate, net of recoveries8,0674,53518,7476,047
Retirement and severance costs3681918022,364
101,99593,204207,955184,019
Gain on disposition of real estate9,10516,19821,29020,011
Earnings from operations151,376149,796298,025293,648
Other expenses (revenues):
Interest and other income(35)(15)(63)(344)

Item 1. Financial Statements

FAQ

What is NNN REIT's total operating expenses?
NNN REIT (NNN) reported total operating expenses of $102M in Q2 2026.
How has NNN REIT's total operating expenses changed year-over-year?
NNN REIT's total operating expenses increased by 9.4% year-over-year, from $93.2M to $102M.
What is the long-term trend for NNN REIT's total operating expenses?
Over 4 years (2021 to 2025), NNN REIT's total operating expenses has grown at a 6.4% compound annual growth rate (CAGR), from $300.41M to $384.95M.
What does total operating expenses mean?
The sum of all operating costs including COGS, SG&A, R&D, D&A, and other operating charges. Revenue minus total operating expenses equals operating income.

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