Gaming & Leisure Properties (GLPI) Operating Expenses (2012 - 2026)

Gaming & Leisure Properties (GLPI) reported Operating Expenses of $86.6 million for Q1 2026, down 36.48% on a YoY basis from $136.4 million in Q1 2025, and up 98.53% sequentially from $43.6 million in Q4 2025.

Gaming & Leisure Properties (GLPI) Operating Expenses (2012 - 2026) Analysis & Trends

Gaming & Leisure Properties (GLPI) has 15 years of Operating Expenses data on file, last reported at $86.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses fell 36.48% year-over-year to $86.6 million; the trailing twelve-month figure through Mar 2026 stood at $343.5 million (down 17.99% YoY), and the FY2025 full-year result was $393.3 million, down 1.89% from the prior year.
  • Operating Expenses improved to $86.6 million in Q1 2026, 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.
  • A 5-year average of $90.3 million and a median of $88.4 million in 2023 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses slumped 77.92% in 2022 and surged 461.51% in 2023, its largest moves.
  • Tracing GLPI's Operating Expenses over 5 years: stood at $60.9 million in 2022, then grew by 21.04% to $73.8 million in 2023, then advanced by 10.38% to $81.4 million in 2024, then sank by 46.4% to $43.6 million in 2025, then surged by 98.53% to $86.6 million in 2026.
  • Business Quant data shows GLPI's Operating Expenses at $86.6 million in Q1 2026, $43.6 million in Q4 2025, and $60.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Equinix 102.00 Bn 98.94 Bn 1.26 Bn 1.87 Bn
2 American Tower 76.76 Bn 83.27 Bn 2.70 Bn 1.50 Bn
3 Digital Realty Trust 61.91 Bn 61.08 Bn - 1.37 Bn
4 Iron Mountain 37.06 Bn 37.09 Bn 1.05 Bn 1.54 Bn
5 Crown Castle 32.50 Bn 32.44 Bn 23.00 Mn 545.00 Mn
6 Sba Communications 18.50 Bn 18.59 Bn 532.10 Mn 360.59 Mn
7 Weyerhaeuser 17.05 Bn 16.75 Bn 318.00 Mn 120.00 Mn
8 Lamar Advertising 15.99 Bn 15.96 Bn 344.69 Mn 381.94 Mn
9 Gaming & Leisure Properties 12.58 Bn 12.98 Bn - 86.64 Mn
10 Rayonier 6.43 Bn 5.79 Bn 46.45 Mn 322.44 Mn

Historic Data

Download Data
DateValue
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