Alset (AEI) Operating Expenses (2019 - 2025)

Alset (AEI) reported Operating Expenses of $7.2 million for Q4 2025, up 2.42% year-over-year from $7.0 million in Q4 2024, and up 100.93% quarter-over-quarter from $3.6 million in Q3 2025.

Alset (AEI) Operating Expenses (2019 - 2025) Analysis & Trends

Alset (AEI) has 7 years of Operating Expenses data on file, last reported at $7.2 million in Q4 2025.

  • Operating Expenses for Q4 2025 came in at $7.2 million, up 2.42% year-over-year; the trailing twelve-month figure through Dec 2025 was $19.6 million (down 22.24% YoY), and the FY2025 annual result was $19.6 million, down 22.24% from the prior year.
  • Operating Expenses grew to $7.2 million in Q4 2025 per AEI's latest filing, from $3.6 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $14.0 million in Q2 2023 and troughed at $2.6 million in Q2 2022.
  • A 5-year average of $5.8 million and a median of $4.8 million in 2021 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses sank 79.79% in 2022, then jumped 444.23% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $12.8 million in 2021, then tumbled by 79.79% to $2.6 million in 2022, then jumped by 86.57% to $4.8 million in 2023, then jumped by 45.23% to $7.0 million in 2024, then climbed by 2.42% to $7.2 million in 2025.
  • Business Quant data shows AEI's Operating Expenses at $7.2 million in Q4 2025, $3.6 million in Q3 2025, and $3.9 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Vesta Real Estate Corporation, S.A.B. de C.V 19.65 Bn 19.45 Bn - -9.80 Mn
2 Howard Hughes Holdings 3.99 Bn 2.22 Bn 182.88 Mn 185.37 Mn
3 Century Communities 1.70 Bn 1.62 Bn 637.90 Mn 22.22 Mn
4 Forestar 1.48 Bn 1.12 Bn 80.20 Mn 37.90 Mn
5 Five Point Holdings 361.15 Mn 1.49 Bn 13.58 Mn 23.22 Mn
6 Sky Harbour 317.31 Mn 324.50 Mn 7.09 Mn 14.05 Mn
7 Belpointe PREP 180.46 Mn 161.50 Mn - 15.16 Mn
8 Amrep 138.84 Mn 88.35 Mn 14.23 Mn 11.57 Mn
9 Smith Douglas Homes 121.76 Mn 447.61 Mn 40.45 Mn 35.91 Mn
10 Alset 28.30 Mn 11.63 Mn 459,811.00 7.19 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 7.19 Mn
Sep 30, 2025 3.58 Mn
Jun 30, 2025 3.85 Mn
Mar 31, 2025 5.00 Mn
Dec 31, 2024 7.02 Mn
Sep 30, 2024 5.92 Mn
Jun 30, 2024 3.94 Mn
Mar 31, 2024 8.35 Mn
Dec 31, 2023 4.83 Mn
Sep 30, 2023 3.07 Mn
Jun 30, 2023 14.04 Mn
Mar 31, 2023 3.02 Mn
Dec 31, 2022 2.59 Mn
Sep 30, 2022 2.79 Mn
Jun 30, 2022 2.58 Mn
Mar 31, 2022 3.61 Mn
Dec 31, 2021 12.82 Mn
Sep 30, 2021 4.74 Mn
Jun 30, 2021 11.22 Mn
Mar 31, 2021 6.01 Mn