Gaming & Leisure Properties (GLPI) Operating Expenses (2012 - 2026)
Gaming & Leisure Properties recorded quarterly Operating Expenses of $86.6 million in Q1 2026, up 98.53% quarter-over-quarter from $43.6 million in Q4 2025, and down 36.48% year-over-year from $136.4 million in Q1 2025.
Gaming & Leisure Properties' Operating Expenses history runs 15 years deep, the most recent figure standing at $86.6 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 36.48% year-over-year to $86.6 million; the TTM figure through Mar 2026 stood at $343.5 million (down 17.99% YoY), while the FY2025 annual figure 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.
- 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 tumbled 77.92% in 2022 and soared 461.51% in 2023, its largest moves.
- Gaming & Leisure Properties' Operating Expenses stood at $60.9 million in 2022, then rose by 21.04% to $73.8 million in 2023, then grew by 10.38% to $81.4 million in 2024, then tumbled by 46.4% to $43.6 million in 2025, then jumped by 98.53% to $86.6 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $86.6 million, $43.6 million, and $60.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 106.10 Bn | 103.07 Bn | 2.20 Bn | 1.87 Bn |
| 2 | American Tower | 85.70 Bn | 92.20 Bn | 2.70 Bn | 1.50 Bn |
| 3 | Digital Realty Trust | 67.00 Bn | 66.16 Bn | - | 1.37 Bn |
| 4 | Crown Castle | 40.17 Bn | 40.12 Bn | 984.00 Mn | 545.00 Mn |
| 5 | Iron Mountain | 37.80 Bn | 37.83 Bn | 1.05 Bn | 1.54 Bn |
| 6 | Sba Communications | 21.99 Bn | 22.08 Bn | 532.10 Mn | 128.53 Mn |
| 7 | Weyerhaeuser | 16.98 Bn | 16.68 Bn | 318.00 Mn | 120.00 Mn |
| 8 | Lamar Advertising | 15.51 Bn | 15.46 Bn | 403.56 Mn | 399.87 Mn |
| 9 | Gaming & Leisure Properties | 13.46 Bn | 13.86 Bn | - | 86.64 Mn |
| 10 | OUTFRONT Media | 5.85 Bn | 5.81 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 |
| Mar 31, 2021 | 101.44 Mn |
| Dec 31, 2020 | 58.65 Mn |
| Sep 30, 2020 | 106.85 Mn |
| Jun 30, 2020 | 81.25 Mn |
| Mar 31, 2020 | 97.13 Mn |
| Dec 31, 2019 | 100.73 Mn |
| Sep 30, 2019 | 99.99 Mn |
| Jun 30, 2019 | 118.25 Mn |
| Mar 31, 2019 | 117.09 Mn |
| Dec 31, 2018 | 179.43 Mn |
| Sep 30, 2018 | 89.31 Mn |
| Jun 30, 2018 | 100.98 Mn |
| Mar 31, 2018 | 92.20 Mn |
| Dec 31, 2017 | 90.58 Mn |
| Sep 30, 2017 | 91.81 Mn |
| Jun 30, 2017 | 90.70 Mn |
| Mar 31, 2017 | 92.71 Mn |
| Dec 31, 2016 | 89.94 Mn |
| Sep 30, 2016 | 89.97 Mn |
| Jun 30, 2016 | 86.54 Mn |
| Mar 31, 2016 | 81.18 Mn |
| Dec 31, 2015 | 64.24 Mn |
| Sep 30, 2015 | 82.50 Mn |
| Jun 30, 2015 | 87.00 Mn |
| Mar 31, 2015 | 83.91 Mn |
| Dec 31, 2014 | 84.98 Mn |
| Sep 30, 2014 | 80.17 Mn |
| Jun 30, 2014 | 83.41 Mn |
| Mar 31, 2014 | 83.99 Mn |
| Dec 31, 2013 | 74.76 Mn |
| Sep 30, 2013 | 33.97 Mn |
| Jun 30, 2013 | 36.98 Mn |
| Mar 31, 2013 | 35.84 Mn |
| Dec 31, 2012 | 33.13 Mn |
| Sep 30, 2012 | 37.67 Mn |