Alexanders (ALX) Operating Expenses (2010 - 2026)

Alexanders' (ALX) quarterly Operating Expenses came in at $39.5 million in Q1 2026, up 10.38% year-on-year from $35.8 million in Q1 2025, and up 40.03% quarter-over-quarter from $28.2 million in Q4 2025.

Alexanders (ALX) Operating Expenses (2010 - 2026) Analysis & Trends

Alexanders has disclosed Operating Expenses across 17 years of filings, most recently posting $39.5 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $39.5 million, up 10.38% year-over-year; the trailing twelve-month figure through Mar 2026 was $130.9 million (down 2.27% YoY), and the FY2025 annual result was $106.4 million, up 3.04% from the prior year.
  • Operating Expenses came in at $39.5 million for Q1 2026 at Alexanders, up from $28.2 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $65.1 million in Q4 2023 to a low of $24.8 million in Q2 2023.
  • The 5-year median for Operating Expenses is $30.7 million (2022), against an average of $34.4 million.
  • Across the five-year window, Operating Expenses surged 52.14% in 2022 and plunged 59.23% in 2024, its largest moves.
  • Alexanders' Operating Expenses stood at $59.7 million in 2022, then rose by 9.03% to $65.1 million in 2023, then sank by 59.23% to $26.5 million in 2024, then advanced by 6.2% to $28.2 million in 2025, then surged by 40.03% to $39.5 million in 2026.
  • The last three Operating Expenses figures came in at $39.5 million (Q1 2026), $28.2 million (Q4 2025), and $26.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Simon Property 69.18 Bn 69.56 Bn 1.76 Bn 900.79 Mn
2 Realty Income 55.47 Bn 56.16 Bn - 1.24 Bn
3 Kimco Realty 17.00 Bn 17.03 Bn 447.43 Mn 364.31 Mn
4 Regency Centers 14.85 Bn 14.97 Bn - 73.30 Mn
5 Federal Realty Investment Trust 10.68 Bn 10.75 Bn 265.49 Mn 220.41 Mn
6 Agree Realty 8.92 Bn 8.90 Bn - 104.48 Mn
7 Nnn Reit 8.68 Bn 8.68 Bn - 105.96 Mn
8 Essential Properties Realty Trust 6.37 Bn 6.38 Bn - 74.46 Mn
9 Macerich 6.30 Bn 6.10 Bn 158.29 Mn 278.05 Mn
10 Alexanders 1.38 Bn 1.31 Bn - 39.47 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 39.47 Mn
Dec 31, 2025 28.19 Mn
Sep 30, 2025 26.69 Mn
Jun 30, 2025 36.60 Mn
Mar 31, 2025 35.75 Mn
Dec 31, 2024 26.54 Mn
Sep 30, 2024 35.84 Mn
Jun 30, 2024 35.85 Mn
Mar 31, 2024 25.26 Mn
Dec 31, 2023 65.09 Mn
Sep 30, 2023 25.59 Mn
Jun 30, 2023 24.82 Mn
Mar 31, 2023 24.94 Mn
Dec 31, 2022 59.70 Mn
Sep 30, 2022 32.61 Mn
Jun 30, 2022 30.70 Mn
Mar 31, 2022 30.36 Mn
Dec 31, 2021 61.30 Mn
Sep 30, 2021 21.43 Mn
Jun 30, 2021 33.38 Mn