Centerspace (CSR) Operating Expenses (2010 - 2026)
Centerspace's (CSR) quarterly Operating Expenses came in at $70.5 million in Q1 2026, up 13.02% year-on-year from $62.3 million in Q1 2025, and down 8.71% on a QoQ basis from $77.2 million in Q4 2025.
Centerspace (CSR) Operating Expenses (2010 - 2026) Analysis & Trends
Centerspace (CSR) has 17 years of Operating Expenses data on file, last reported at $70.5 million in Q1 2026.
- On a quarterly basis, Operating Expenses rose 13.02% year-over-year to $70.5 million in Q1 2026; TTM through Mar 2026 was $296.7 million, a 22.39% increase from a year earlier, with the FY2025 full-year figure at $288.6 million, up 20.28% from the prior year.
- Operating Expenses for Q1 2026 stood at $70.5 million, down from $77.2 million in the prior quarter.
- Over the last five years, Operating Expenses for CSR reached as high as $77.2 million in Q4 2025 and fell as low as $55.9 million in Q2 2023.
- Historically, Operating Expenses has averaged $63.9 million across 5 years, with a median of $62.3 million in 2025.
- Across the five-year window, Operating Expenses surged 42.7% in 2022 and decreased 8.56% in 2024, its largest moves.
- Year by year, Operating Expenses stood at $61.0 million in 2022, then increased by 5.8% to $64.5 million in 2023, then dropped by 1.46% to $63.6 million in 2024, then grew by 21.45% to $77.2 million in 2025, then slipped by 8.71% to $70.5 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $70.5 million in Q1 2026, $77.2 million in Q4 2025, and $73.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.48 Bn | 26.48 Bn | - | 623.23 Mn |
| 2 | Equity Residential | 25.80 Bn | 25.80 Bn | - | -1.66 Bn |
| 3 | Invitation Homes | 18.05 Bn | 18.05 Bn | 694.98 Mn | 654.71 Mn |
| 4 | Mid America Apartment Communities | 15.67 Bn | 15.54 Bn | 537.05 Mn | 205.74 Mn |
| 5 | Sun Communities | 14.96 Bn | 14.96 Bn | 491.20 Mn | 484.40 Mn |
| 6 | Udr | 13.01 Bn | 12.98 Bn | 416.43 Mn | 353.46 Mn |
| 7 | Equity Lifestyle Properties | 12.85 Bn | 12.85 Bn | 378.95 Mn | 285.25 Mn |
| 8 | American Homes 4 Rent | 12.22 Bn | 12.22 Bn | - | 401.95 Mn |
| 9 | Camden Property Trust | 11.94 Bn | 11.94 Bn | - | 140.07 Mn |
| 10 | Centerspace | 938.39 Mn | 930.84 Mn | 62.69 Mn | 70.46 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 70.46 Mn |
| Dec 31, 2025 | 77.18 Mn |
| Sep 30, 2025 | 73.72 Mn |
| Jun 30, 2025 | 75.35 Mn |
| Mar 31, 2025 | 62.35 Mn |
| Dec 31, 2024 | 63.55 Mn |
| Sep 30, 2024 | 58.68 Mn |
| Jun 30, 2024 | 57.85 Mn |
| Mar 31, 2024 | 59.85 Mn |
| Dec 31, 2023 | 64.49 Mn |
| Sep 30, 2023 | 58.41 Mn |
| Jun 30, 2023 | 55.88 Mn |
| Mar 31, 2023 | 65.46 Mn |
| Dec 31, 2022 | 60.96 Mn |
| Sep 30, 2022 | 58.41 Mn |
| Jun 30, 2022 | 59.31 Mn |
| Mar 31, 2022 | 64.23 Mn |
| Dec 31, 2021 | 61.13 Mn |
| Sep 30, 2021 | 49.27 Mn |
| Jun 30, 2021 | 43.92 Mn |