Gaming & Leisure Properties (GLPI) Operating Expenses (2012 - 2026)
Gaming & Leisure Properties (GLPI) posted Operating Expenses of $98.1 million for Q2 2026, up 13.26% sequentially from $86.6 million in Q1 2026, and down 35.79% YoY from $152.8 million in Q2 2025.
Gaming & Leisure Properties (GLPI) Operating Expenses (2012 - 2026) Analysis & Trends
Gaming & Leisure Properties has reported Operating Expenses for 15 years, with the latest figure at $98.1 million in Q2 2026.
- Quarterly Operating Expenses fell 35.79% year-over-year to $98.1 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $288.8 million (down 40.38% YoY) and the FY2025 annual result came in at $393.3 million, down 1.89% from the prior year.
- Operating Expenses improved to $98.1 million in Q2 2026 per GLPI's latest filing, from $86.6 million in the prior quarter.
- Over five years, Operating Expenses peaked at $152.8 million in Q2 2025 and troughed at $16.3 million in Q3 2022.
- A 5-year average of $90.7 million and a median of $88.9 million in 2022 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses plunged 77.92% in 2022, then jumped 461.51% in 2023.
- Over 5 years, Operating Expenses stood at $60.9 million in 2022, then gained by 21.04% to $73.8 million in 2023, then increased by 10.38% to $81.4 million in 2024, then plunged by 46.4% to $43.6 million in 2025, then soared by 124.86% to $98.1 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $98.1 million, $86.6 million, and $43.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 106.74 Bn | 104.52 Bn | 1.40 Bn | 1.96 Bn |
| 2 | American Tower | 82.05 Bn | 80.29 Bn | 2.72 Bn | 1.48 Bn |
| 3 | Digital Realty Trust | 68.79 Bn | 66.93 Bn | - | 1.46 Bn |
| 4 | Iron Mountain | 36.65 Bn | 36.44 Bn | 1.07 Bn | 1.66 Bn |
| 5 | Crown Castle | 32.67 Bn | 31.63 Bn | 989.00 Mn | 538.00 Mn |
| 6 | Sba Communications | 19.18 Bn | 19.18 Bn | 539.27 Mn | 363.41 Mn |
| 7 | Weyerhaeuser | 17.80 Bn | 17.27 Bn | 311.00 Mn | 116.00 Mn |
| 8 | Lamar Advertising | 15.33 Bn | 15.26 Bn | 422.53 Mn | 408.79 Mn |
| 9 | Gaming & Leisure Properties | 12.49 Bn | 12.49 Bn | - | 98.13 Mn |
| 10 | Rayonier | 6.43 Bn | 6.01 Bn | 75.67 Mn | 361.86 Mn |
Historic Data
Download 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 |