Centerspace (CSR) Operating Expenses (2010 - 2026)
Centerspace (CSR) reported 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% on a QoQ basis from $77.2 million in Q4 2025.
Centerspace (CSR) has 17 years of Operating Expenses data on file, last reported at $70.5 million in Q1 2026.
- Quarterly Operating Expenses rose 13.02% year-over-year to $70.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $296.7 million (up 22.39% YoY) and the FY2025 annual result came in at $288.6 million, up 20.28% from the prior year.
- Operating Expenses declined 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.
- The 5-year median for Operating Expenses is $62.3 million (2025), against an average of $63.9 million.
- The widest annual swing landed in 2022, when Operating Expenses surged 42.7%; it then decreased 8.56% in 2024.
- Tracing CSR's Operating Expenses over 5 years: stood at $61.0 million in 2022, then rose by 5.8% to $64.5 million in 2023, then declined by 1.46% to $63.6 million in 2024, then increased by 21.45% to $77.2 million in 2025, then dropped by 8.71% to $70.5 million in 2026.
- Per Business Quant, the three latest CSR Operating Expenses figures stand at $70.5 million (Q1 2026), $77.2 million (Q4 2025), and $73.7 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 25.91 Bn | 26.13 Bn | - | 623.23 Mn |
| 2 | Equity Residential | 25.13 Bn | 25.27 Bn | - | -1.66 Bn |
| 3 | Invitation Homes | 17.75 Bn | 17.79 Bn | 694.98 Mn | 654.71 Mn |
| 4 | Sun Communities | 15.66 Bn | 15.77 Bn | 491.20 Mn | 484.40 Mn |
| 5 | Mid America Apartment Communities | 15.34 Bn | 15.42 Bn | 537.05 Mn | 205.74 Mn |
| 6 | American Homes 4 Rent | 13.60 Bn | 14.17 Bn | - | 384.36 Mn |
| 7 | Udr | 12.44 Bn | 12.44 Bn | 416.43 Mn | 353.46 Mn |
| 8 | Equity Lifestyle Properties | 12.31 Bn | 12.37 Bn | 393.79 Mn | 285.25 Mn |
| 9 | Camden Property Trust | 11.27 Bn | 11.34 Bn | - | 140.07 Mn |
| 10 | Centerspace | 1.14 Bn | 1.25 Bn | 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 |
| Mar 31, 2021 | 45.01 Mn |
| Dec 31, 2020 | 43.73 Mn |
| Sep 30, 2020 | 42.14 Mn |
| Jun 30, 2020 | 41.39 Mn |
| Mar 31, 2020 | 42.40 Mn |
| Dec 31, 2019 | 43.31 Mn |
| Sep 30, 2019 | 43.84 Mn |
| Jun 30, 2019 | 43.04 Mn |
| Mar 31, 2019 | 44.15 Mn |
| Dec 31, 2018 | -15.49 Mn |
| Oct 31, 2018 | 43.45 Mn |
| Jul 31, 2018 | 43.60 Mn |
| Apr 30, 2018 | 41.34 Mn |
| Jan 31, 2018 | 41.44 Mn |
| Oct 31, 2017 | 40.59 Mn |
| Jul 31, 2017 | 48.96 Mn |
| Apr 30, 2017 | 3.22 Mn |
| Jan 31, 2017 | 33.58 Mn |
| Oct 31, 2016 | 38.63 Mn |
| Jul 31, 2016 | 93.56 Mn |
| Apr 30, 2016 | 13.00 Mn |
| Jan 31, 2016 | 36.19 Mn |
| Oct 31, 2015 | 38.37 Mn |
| Jul 31, 2015 | 33.68 Mn |
| Apr 30, 2015 | 23.04 Mn |
| Jan 31, 2015 | 36.56 Mn |
| Oct 31, 2014 | 36.84 Mn |
| Jul 31, 2014 | 37.98 Mn |
| Apr 30, 2014 | -18.06 Mn |
| Jan 31, 2014 | 51.82 Mn |
| Oct 31, 2013 | 46.70 Mn |
| Jul 31, 2013 | 49.07 Mn |
| Apr 30, 2013 | 44.55 Mn |
| Jan 31, 2013 | 43.55 Mn |
| Oct 31, 2012 | 42.38 Mn |
| Jul 31, 2012 | 43.19 Mn |
| Apr 30, 2012 | 32.20 Mn |
| Jan 31, 2012 | 41.79 Mn |
| Oct 31, 2011 | 43.34 Mn |
| Jul 31, 2011 | 42.23 Mn |
| Apr 30, 2011 | 41.52 Mn |
| Jan 31, 2011 | 43.91 Mn |
| Oct 31, 2010 | 41.00 Mn |
| Jul 31, 2010 | 41.20 Mn |