Centerspace (CSR) Operating Expenses (2010 - 2026)
Centerspace (CSR) posted quarterly Operating Expenses of $70.5 million for Q1 2026, up 13.02% year-over-year from $62.3 million in Q1 2025, and down 8.71% quarter-over-quarter from $77.2 million in Q4 2025.
Centerspace (CSR) Operating Expenses (2010 - 2026) Analysis & Trends
Centerspace (CSR) has reported Operating Expenses for 17 consecutive years, with $70.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 13.02% year-over-year to $70.5 million; the TTM figure through Mar 2026 stood at $296.7 million (up 22.39% YoY), while the FY2025 annual figure was $288.6 million, up 20.28% from the prior year.
- Operating Expenses retreated to $70.5 million in Q1 2026 per CSR's latest filing, from $77.2 million in the prior quarter.
- Across five years, Operating Expenses topped out at $77.2 million in Q4 2025 and bottomed at $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.
- Annual changes were most pronounced in 2022 — Operating Expenses jumped 42.7% — and 2024, when it dropped 8.56%.
- Centerspace's Operating Expenses stood at $61.0 million in 2022, then climbed by 5.8% to $64.5 million in 2023, then decreased by 1.46% to $63.6 million in 2024, then advanced by 21.45% to $77.2 million in 2025, then retreated by 8.71% to $70.5 million in 2026.
- Business Quant data shows CSR's Operating Expenses at $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 | 26.11 Bn | 26.32 Bn | - | 636.04 Mn |
| 2 | Erp Operating Ltd Partnership | 23.87 Bn | 24.06 Bn | - | 566.18 Mn |
| 3 | Invitation Homes | 17.95 Bn | 17.95 Bn | 705.34 Mn | 657.51 Mn |
| 4 | Mid America Apartment Communities | 15.37 Bn | 15.25 Bn | 537.17 Mn | 218.72 Mn |
| 5 | Sun Communities | 14.95 Bn | 14.95 Bn | 460.10 Mn | 434.40 Mn |
| 6 | Equity Lifestyle Properties | 12.69 Bn | 12.69 Bn | 375.97 Mn | 298.46 Mn |
| 7 | American Homes 4 Rent | 12.40 Bn | 12.40 Bn | - | 397.77 Mn |
| 8 | Udr | 12.18 Bn | 12.18 Bn | 412.43 Mn | 345.25 Mn |
| 9 | Camden Property Trust | 11.06 Bn | 11.06 Bn | - | 140.94 Mn |
| 10 | Centerspace | 912.11 Mn | 903.55 Mn | 63.69 Mn | 57.27 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 57.27 Mn |
| 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 |