Empire State Realty Trust (ESRT) Operating Expenses (2012 - 2026)

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

• For the quarter ending Q1 2026, Operating Expenses rose 257.01% year-over-year to $160.9 million; the trailing twelve-month figure through Mar 2026 stood at $79.9 million (up 155.91% YoY), and the FY2025 full-year result was $184.7 million, up 3.09% from the prior year.
• Operating Expenses advanced to $160.9 million in Q1 2026, from -$284.1 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $160.9 million in Q1 2026 to a low of -$284.1 million in Q4 2025.
• A 5-year average of $30.7 million and a median of $42.8 million in 2023 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses surged 289.43% in 2023 and slumped 281.04% in 2024, its largest moves.
• Tracing ESRT's Operating Expenses over 5 years: stood at $39.1 million in 2022, then surged by 289.43% to $152.1 million in 2023, then tumbled by 281.04% to -$275.4 million in 2024, then fell by 3.16% to -$284.1 million in 2025, then jumped by 156.63% to $160.9 million in 2026.
• Business Quant data shows ESRT's Operating Expenses at $160.9 million in Q1 2026, -$284.1 million in Q4 2025, and $47.0 million in Q3 2025.