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| Date | Value |
|---|---|
| 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 |