FrontView REIT (FVR) Operating Expenses (2023 - 2026)

FrontView REIT (FVR) recorded quarterly Operating Expenses of $13.7 million in Q1 2026, down 36.95% quarter-over-quarter from $21.7 million in Q4 2025, and up 4.86% on a YoY basis from $13.0 million in Q1 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.

  • In Q1 2026, Operating Expenses rose 4.86% year-over-year to $13.7 million; the TTM figure through Mar 2026 stood at $63.4 million (up 80.11% YoY), while the FY2025 annual figure was $55.8 million, up 348.96% from the prior year.
  • Operating Expenses was $13.7 million for Q1 2026 at FrontView REIT, down from $21.7 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $21.7 million in Q4 2025 to a low of $10.9 million in Q2 2024.
  • Historically, Operating Expenses has averaged $13.5 million across 4 years, with a median of $12.8 million in 2023.
  • The sharpest annual moves came in 2024 and 2025: Operating Expenses declined 4.26% in 2024, then surged 42.41% in 2025.
  • A 4-year view of Operating Expenses shows it 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 slumped by 36.95% to $13.7 million in 2026.
  • The last three Operating Expenses figures came in at $13.7 million (Q1 2026), $21.7 million (Q4 2025), and $12.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Vici Properties 29.26 Bn 28.78 Bn 1.01 Bn 16.94 Mn
2 Broadstone Net Lease 3.95 Bn 4.05 Bn - 58.06 Mn
3 American Assets Trust 1.46 Bn 1.40 Bn - 86.87 Mn
4 Safehold 1.13 Bn 1.14 Bn 109.54 Mn 85.31 Mn
5 Empire State Realty Trust 916.51 Mn 1.65 Bn - 47.74 Mn
6 JBG SMITH Properties 880.19 Mn 1.38 Bn - 135.70 Mn
7 CTO Realty Growth 672.82 Mn 672.82 Mn 31.01 Mn 5.08 Mn
8 Gladstone Commercial 608.72 Mn 778.76 Mn - 25.24 Mn
9 AH Realty Trust 540.92 Mn 723.25 Mn - 40.55 Mn
10 FrontView REIT 421.52 Mn 517.60 Mn - 13.65 Mn

Historic Data

Download Data
DateValue
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