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