Essential Properties Realty Trust (EPRT) Operating Expenses (2017 - 2026)
Essential Properties Realty Trust's (EPRT) quarterly Operating Expenses came in at $62.1 million in Q2 2026, up 21.04% YoY from $51.3 million in Q2 2025, and down 16.57% on a QoQ basis from $74.5 million in Q1 2026.
Essential Properties Realty Trust (EPRT) Operating Expenses (2017 - 2026) Analysis & Trends
Essential Properties Realty Trust (EPRT) has 10 years of Operating Expenses data on file, last reported at $62.1 million in Q2 2026.
- Quarterly Operating Expenses rose 21.04% year-over-year to $62.1 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $244.7 million (up 23.45% YoY) and the FY2025 annual result came in at $214.1 million, up 20.72% from the prior year.
- Operating Expenses retreated to $62.1 million in Q2 2026, from $74.5 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $74.5 million in Q1 2026 to a low of $31.1 million in Q3 2022.
- A 5-year average of $45.0 million and a median of $42.6 million in 2024 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses jumped 54.57% — and 2023, when it dropped 7.34%.
- Tracing EPRT's Operating Expenses over 5 years: stood at $41.0 million in 2022, then dropped by 7.34% to $38.0 million in 2023, then gained by 18.95% to $45.2 million in 2024, then advanced by 22.94% to $55.5 million in 2025, then increased by 11.85% to $62.1 million in 2026.
- The last three Operating Expenses figures came in at $62.1 million (Q2 2026), $74.5 million (Q1 2026), and $55.5 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Simon Property | 71.66 Bn | 71.66 Bn | 1.76 Bn | 900.79 Mn |
| 2 | Realty Income | 57.60 Bn | 57.60 Bn | - | 1.19 Bn |
| 3 | Kimco Realty | 16.10 Bn | 16.10 Bn | 455.67 Mn | 356.02 Mn |
| 4 | Federal Realty Investment Trust | 10.06 Bn | 10.06 Bn | 271.22 Mn | 217.66 Mn |
| 5 | Agree Realty | 8.80 Bn | 8.78 Bn | - | 112.31 Mn |
| 6 | Nnn Reit | 8.64 Bn | 8.64 Bn | - | 102.00 Mn |
| 7 | Macerich | 6.73 Bn | 6.73 Bn | 171.77 Mn | 277.43 Mn |
| 8 | Essential Properties Realty Trust | 6.51 Bn | 6.51 Bn | - | 62.12 Mn |
| 9 | Kite Realty Group Trust | 5.29 Bn | 5.29 Bn | - | 150.10 Mn |
| 10 | Phillips Edison & Company | 5.01 Bn | 5.01 Bn | - | 135.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 62.12 Mn |
| Mar 31, 2026 | 74.46 Mn |
| Dec 31, 2025 | 55.54 Mn |
| Sep 30, 2025 | 52.56 Mn |
| Jun 30, 2025 | 51.33 Mn |
| Mar 31, 2025 | 54.72 Mn |
| Dec 31, 2024 | 45.18 Mn |
| Sep 30, 2024 | 46.98 Mn |
| Jun 30, 2024 | 42.61 Mn |
| Mar 31, 2024 | 42.63 Mn |
| Dec 31, 2023 | 37.98 Mn |
| Sep 30, 2023 | 34.85 Mn |
| Jun 30, 2023 | 34.28 Mn |
| Mar 31, 2023 | 33.90 Mn |
| Dec 31, 2022 | 40.99 Mn |
| Sep 30, 2022 | 31.07 Mn |
| Jun 30, 2022 | 36.29 Mn |
| Mar 31, 2022 | 33.38 Mn |
| Dec 31, 2021 | 26.52 Mn |
| Sep 30, 2021 | 24.33 Mn |