Empire State Realty OP (ESBA) Operating Expenses (2012 - 2026)

Empire State Realty OP (ESBA) has 15 years of Operating Expenses data on file, last reported at $160.9 million in Q1 2026.

• Operating Expenses for Q1 2026 came in at $160.9 million, up 4.27% year-over-year; the trailing twelve-month figure through Mar 2026 was $191.3 million (down 76.86% YoY), and the FY2025 annual result was $184.7 million, down 69.68% from the prior year.
• Operating Expenses improved to $160.9 million in Q1 2026 per ESBA's latest filing, from -$284.1 million in the prior quarter.
• Over five years, Operating Expenses peaked at $476.7 million in Q4 2024 and troughed at -$299.8 million in Q4 2022.
• A 5-year average of $62.5 million and a median of $144.4 million in 2023 frame the typical range for Operating Expenses.
• The sharpest annual moves came in 2022 and 2023: Operating Expenses sank 967.43% in 2022, then surged 285.63% in 2023.
• A 5-year view of Operating Expenses shows it stood at -$299.8 million in 2022, then advanced by 8.78% to -$273.4 million in 2023, then surged by 274.33% to $476.7 million in 2024, then slumped by 159.6% to -$284.1 million in 2025, then soared by 156.63% to $160.9 million in 2026.
• Business Quant data shows ESBA's Operating Expenses at $160.9 million in Q1 2026, -$284.1 million in Q4 2025, and $158.4 million in Q3 2025.