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| 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 |