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
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