Copt Defense Properties (CDP) Operating Expenses (2009 - 2026)
Copt Defense Properties (CDP) posted quarterly Operating Expenses of $142.3 million for Q1 2026, up 6.8% year-over-year from $133.3 million in Q1 2025, and up 2.35% quarter-over-quarter from $139.1 million in Q4 2025.
Copt Defense Properties (CDP) Operating Expenses (2009 - 2026) Analysis & Trends
Copt Defense Properties (CDP) has reported Operating Expenses for 18 consecutive years, with $142.3 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 6.8% year-over-year to $142.3 million; the TTM figure through Mar 2026 stood at $542.6 million (up 2.31% YoY), while the FY2025 annual figure was $533.6 million, down 1.18% from the prior year.
- Operating Expenses rose to $142.3 million in Q1 2026 per CDP's latest filing, from $139.1 million in the prior quarter.
- Across five years, Operating Expenses topped out at $374.3 million in Q3 2023 and bottomed at $122.1 million in Q1 2023.
- Historically, Operating Expenses has averaged $148.4 million across 5 years, with a median of $133.3 million in 2025.
- Annual changes were most pronounced in 2023 — Operating Expenses soared 175.37% — and 2024, when it sank 64.0%.
- Copt Defense Properties' Operating Expenses stood at $130.0 million in 2022, then slipped by 0.13% to $129.8 million in 2023, then dropped by 0.52% to $129.1 million in 2024, then climbed by 7.67% to $139.1 million in 2025, then increased by 2.35% to $142.3 million in 2026.
- Business Quant data shows CDP's Operating Expenses at $142.3 million in Q1 2026, $139.1 million in Q4 2025, and $131.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alexandria Real Estate Equities | 9.06 Bn | 7.96 Bn | - | 835.39 Mn |
| 2 | Cousins Properties | 4.86 Bn | 4.86 Bn | 183.86 Mn | 249.25 Mn |
| 3 | Kilroy Realty | 4.28 Bn | 4.28 Bn | 212.24 Mn | 207.02 Mn |
| 4 | Copt Defense Properties | 4.18 Bn | 4.18 Bn | 191.37 Mn | 134.16 Mn |
| 5 | Sl Green Realty | 4.12 Bn | 4.12 Bn | 263.98 Mn | 60.25 Mn |
| 6 | Highwoods Properties | 3.47 Bn | 3.13 Bn | - | 159.11 Mn |
| 7 | Douglas Emmett | 1.99 Bn | 1.64 Bn | 178.95 Mn | 206.20 Mn |
| 8 | Empire State Realty OP | 1.25 Bn | 1.25 Bn | - | 335.61 Mn |
| 9 | Piedmont Realty Trust | 1.22 Bn | 1.22 Bn | 88.14 Mn | 123.54 Mn |
| 10 | Easterly Government Properties | 1.15 Bn | 1.15 Bn | 72.41 Mn | 70.43 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 134.16 Mn |
| Mar 31, 2026 | 142.32 Mn |
| Dec 31, 2025 | 139.05 Mn |
| Sep 30, 2025 | 130.97 Mn |
| Jun 30, 2025 | 130.27 Mn |
| Mar 31, 2025 | 133.26 Mn |
| Dec 31, 2024 | 129.15 Mn |
| Sep 30, 2024 | 134.73 Mn |
| Jun 30, 2024 | 133.22 Mn |
| Mar 31, 2024 | 142.85 Mn |
| Dec 31, 2023 | 129.82 Mn |
| Sep 30, 2023 | 374.27 Mn |
| Jun 30, 2023 | 123.11 Mn |
| Mar 31, 2023 | 122.11 Mn |
| Dec 31, 2022 | 129.99 Mn |
| Sep 30, 2022 | 135.92 Mn |
| Jun 30, 2022 | 139.29 Mn |
| Mar 31, 2022 | 152.42 Mn |
| Dec 31, 2021 | 143.30 Mn |
| Sep 30, 2021 | 124.06 Mn |