Copt Defense Properties (CDP) Operating Expenses (2009 - 2026)
Copt Defense Properties (CDP) reported 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 18 years of Operating Expenses data on file, last reported at $142.3 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $142.3 million, up 6.8% year-over-year; the trailing twelve-month figure through Mar 2026 was $542.6 million (up 2.31% YoY), and the FY2025 annual result was $533.6 million, down 1.18% from the prior year.
- Operating Expenses advanced to $142.3 million in Q1 2026 per CDP's latest filing, from $139.1 million in the prior quarter.
- Over five years, Operating Expenses peaked at $374.3 million in Q3 2023 and troughed at $122.1 million in Q1 2023.
- A 5-year average of $148.4 million and a median of $133.3 million in 2025 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses soared 175.37% in 2023, then sank 64.0% in 2024.
- A 5-year view of Operating Expenses shows it stood at $130.0 million in 2022, then decreased by 0.13% to $129.8 million in 2023, then slipped by 0.52% to $129.1 million in 2024, then advanced by 7.67% to $139.1 million in 2025, then grew 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 | 9.03 Bn | 9.03 Bn | - | 634.35 Mn |
| 2 | Cousins Properties | 4.85 Bn | 4.87 Bn | 180.52 Mn | 285.09 Mn |
| 3 | Kilroy Realty | 4.57 Bn | 4.57 Bn | -59.85 Mn | 208.92 Mn |
| 4 | Sl Green Realty | 3.90 Bn | 4.01 Bn | 252.80 Mn | 61.46 Mn |
| 5 | Copt Defense Properties | 3.85 Bn | 3.90 Bn | 195.09 Mn | 142.32 Mn |
| 6 | Highwoods Properties | 3.25 Bn | 3.27 Bn | - | 410.82 Mn |
| 7 | Douglas Emmett | 2.11 Bn | 3.29 Bn | 176.48 Mn | 202.02 Mn |
| 8 | Empire State Realty OP | 1.49 Bn | 1.49 Bn | - | 160.87 Mn |
| 9 | Piedmont Realty Trust | 1.15 Bn | 1.15 Bn | 85.99 Mn | 124.51 Mn |
| 10 | Easterly Government Properties | 1.12 Bn | 1.17 Bn | 71.01 Mn | 71.63 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 115.32 Mn |