Gaming & Leisure Properties (GLPI) Operating Expenses (2012 - 2026)
Gaming & Leisure Properties' (GLPI) quarterly Operating Expenses came in at $86.6 million in Q1 2026, down 36.48% year-on-year from $136.4 million in Q1 2025, and up 98.53% quarter-over-quarter from $43.6 million in Q4 2025.
Gaming & Leisure Properties (GLPI) Operating Expenses (2012 - 2026) Analysis & Trends
Gaming & Leisure Properties has disclosed Operating Expenses across 15 years of filings, most recently posting $86.6 million for Q1 2026.
- Operating Expenses for Q1 2026 came in at $86.6 million, down 36.48% year-over-year; the trailing twelve-month figure through Mar 2026 was $343.5 million (down 17.99% YoY), and the FY2025 annual result was $393.3 million, down 1.89% from the prior year.
- Operating Expenses came in at $86.6 million for Q1 2026 at Gaming & Leisure Properties, up from $43.6 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $152.8 million in Q2 2025 to a low of $16.3 million in Q3 2022.
- The 5-year median for Operating Expenses is $88.4 million (2023), against an average of $90.3 million.
- Across the five-year window, Operating Expenses plunged 77.92% in 2022 and surged 461.51% in 2023, its largest moves.
- Gaming & Leisure Properties' Operating Expenses stood at $60.9 million in 2022, then increased by 21.04% to $73.8 million in 2023, then climbed by 10.38% to $81.4 million in 2024, then plunged by 46.4% to $43.6 million in 2025, then soared by 98.53% to $86.6 million in 2026.
- The last three Operating Expenses figures came in at $86.6 million (Q1 2026), $43.6 million (Q4 2025), and $60.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 104.53 Bn | 101.50 Bn | 2.20 Bn | 1.87 Bn |
| 2 | American Tower | 86.20 Bn | 92.70 Bn | 2.70 Bn | 1.50 Bn |
| 3 | Digital Realty Trust | 63.76 Bn | 62.92 Bn | - | 1.37 Bn |
| 4 | Crown Castle | 38.57 Bn | 38.52 Bn | 984.00 Mn | 545.00 Mn |
| 5 | Iron Mountain | 37.41 Bn | 37.43 Bn | 1.05 Bn | 1.54 Bn |
| 6 | Sba Communications | 20.70 Bn | 20.79 Bn | 532.10 Mn | 128.53 Mn |
| 7 | Weyerhaeuser | 17.74 Bn | 17.44 Bn | 318.00 Mn | 120.00 Mn |
| 8 | Lamar Advertising | 15.68 Bn | 15.63 Bn | 403.56 Mn | 399.87 Mn |
| 9 | Gaming & Leisure Properties | 13.22 Bn | 13.62 Bn | - | 86.64 Mn |
| 10 | OUTFRONT Media | 5.51 Bn | 5.47 Bn | 202.10 Mn | 373.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 86.64 Mn |
| Dec 31, 2025 | 43.64 Mn |
| Sep 30, 2025 | 60.45 Mn |
| Jun 30, 2025 | 152.81 Mn |
| Mar 31, 2025 | 136.40 Mn |
| Dec 31, 2024 | 81.41 Mn |
| Sep 30, 2024 | 113.90 Mn |
| Jun 30, 2024 | 87.20 Mn |
| Mar 31, 2024 | 118.36 Mn |
| Dec 31, 2023 | 73.75 Mn |
| Sep 30, 2023 | 91.26 Mn |
| Jun 30, 2023 | 118.31 Mn |
| Mar 31, 2023 | 88.37 Mn |
| Dec 31, 2022 | 60.93 Mn |
| Sep 30, 2022 | 16.25 Mn |
| Jun 30, 2022 | 89.42 Mn |
| Mar 31, 2022 | 115.17 Mn |
| Dec 31, 2021 | 93.89 Mn |
| Sep 30, 2021 | 73.61 Mn |
| Jun 30, 2021 | 105.64 Mn |