KPIs & Operating Metrics(New)

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

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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
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