Gaming & Leisure Properties, Inc. (GLPI) Operating Expenses (2012 - 2026)
Gaming & Leisure Properties (GLPI) recorded Operating Expenses of $98.13 million in Q2 2026, down 35.8% from $152.81 million a year earlier but up 13.3% from the prior quarter.
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Analysis
Gaming & Leisure Properties, Inc. (GLPI) Operating Expenses (2012 - 2026) Analysis & Trends
On a TTM basis, Gaming & Leisure Properties' Operating Expenses came in at $288.85 million as of Jun 30, 2026, down 40.4% year-over-year; for FY2025, it was $393.3 million, down 1.9% from FY2024.
- Annual Operating Expenses has a five-year compound annual growth rate of 2.7% (FY2020 to FY2025).
- Across earlier years, Operating Expenses came in at $400.86 million in FY2024 (+7.8%), $371.69 million in FY2023 (+31.9%), $281.77 million in FY2022 (-24.8%) and $374.58 million in FY2021 (+8.9%).
- Quarterly Operating Expenses has ranged from $16.25 million in Q3 2022 to $152.81 million in Q2 2025 over the past five years.
- On a year-over-year basis, Operating Expenses has declined for four consecutive quarters, with an average decline of 5.0% over the last eight quarters.
- Peak year-over-year performance for Operating Expenses in the last five years was growth of 461.5% in Q3 2023, against a decline of 77.9% in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $86.64 million (Q1 2026), $43.64 million (Q4 2025) and $60.45 million (Q3 2025).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 98.13 Mn |
| 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 |
API Access
Gaming & Leisure Properties, Inc. Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=GLPI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "GLPI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=GLPI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();