FrontView REIT (FVR) Operating Expenses (2023 - 2026)
FrontView REIT's (FVR) quarterly Operating Expenses came in at $13.7 million in Q1 2026, up 4.86% year-on-year from $13.0 million in Q1 2025, and down 36.95% quarter-over-quarter from $21.7 million in Q4 2025.
FrontView REIT (FVR) Operating Expenses (2023 - 2026) Analysis & Trends
FrontView REIT's Operating Expenses history runs 4 years deep, the most recent figure standing at $13.7 million for Q1 2026.
- On a quarterly basis, Operating Expenses rose 4.86% year-over-year to $13.7 million in Q1 2026; TTM through Mar 2026 was $63.4 million, a 80.11% increase from a year earlier, with the FY2025 full-year figure at $55.8 million, up 348.96% from the prior year.
- Operating Expenses slipped to $13.7 million in Q1 2026 per FVR's latest filing, from $21.7 million in the prior quarter.
- Across five years, Operating Expenses topped out at $21.7 million in Q4 2025 and bottomed at $10.9 million in Q2 2024.
- The 4-year median for Operating Expenses is $12.8 million (2023), against an average of $13.5 million.
- Across the five-year window, Operating Expenses retreated 4.26% in 2024 and jumped 42.41% in 2025, its largest moves.
- Year by year, Operating Expenses stood at $12.9 million in 2023, then decreased by 11.72% to $11.3 million in 2024, then surged by 90.83% to $21.7 million in 2025, then plunged by 36.95% to $13.7 million in 2026.
- Per Business Quant, the three latest FVR Operating Expenses figures stand at $13.7 million (Q1 2026), $21.7 million (Q4 2025), and $12.7 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 28.12 Bn | 27.64 Bn | 1.01 Bn | 15.98 Mn |
| 2 | W. P. Carey | 16.60 Bn | 16.61 Bn | 434.82 Mn | 255.10 Mn |
| 3 | Broadstone Net Lease | 4.29 Bn | 4.40 Bn | - | 58.06 Mn |
| 4 | American Assets Trust | 1.47 Bn | 1.41 Bn | - | 86.87 Mn |
| 5 | Safehold | 1.15 Bn | -2.44 Bn | 109.54 Mn | 85.31 Mn |
| 6 | Empire State Realty Trust | 930.17 Mn | 1.66 Bn | - | 160.87 Mn |
| 7 | Cim | 917.30 Mn | 735.54 Mn | - | 64.12 Mn |
| 8 | JBG SMITH Properties | 855.38 Mn | 1.35 Bn | - | 135.70 Mn |
| 9 | CTO Realty Growth | 725.13 Mn | 725.13 Mn | 31.01 Mn | 30.88 Mn |
| 10 | FrontView REIT | 472.09 Mn | 568.17 Mn | - | 13.65 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 13.65 Mn |
| Dec 31, 2025 | 21.65 Mn |
| Sep 30, 2025 | 12.67 Mn |
| Jun 30, 2025 | 15.46 Mn |
| Mar 31, 2025 | 13.02 Mn |
| Sep 30, 2024 | 11.35 Mn |
| Jun 30, 2024 | 10.86 Mn |
| Mar 31, 2024 | 11.57 Mn |
| Dec 31, 2023 | 12.85 Mn |
| Sep 30, 2023 | 11.85 Mn |