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

Gaming & Leisure Properties' (GLPI) quarterly Operating Expenses came in at $86.6 million in Q1 2026, down 36.48% year-on-year from $136.4 million in Q1 2025, and up 98.53% quarter-over-quarter from $43.6 million in Q4 2025.

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

Gaming & Leisure Properties has disclosed Operating Expenses across 15 years of filings, most recently posting $86.6 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $86.6 million, down 36.48% year-over-year; the trailing twelve-month figure through Mar 2026 was $343.5 million (down 17.99% YoY), and the FY2025 annual result 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.
  • The 5-year median for Operating Expenses is $88.4 million (2023), against an average of $90.3 million.
  • Across the five-year window, Operating Expenses plunged 77.92% in 2022 and surged 461.51% in 2023, its largest moves.
  • Gaming & Leisure Properties' Operating Expenses stood at $60.9 million in 2022, then increased by 21.04% to $73.8 million in 2023, then climbed by 10.38% to $81.4 million in 2024, then plunged by 46.4% to $43.6 million in 2025, then soared by 98.53% to $86.6 million in 2026.
  • The last three Operating Expenses figures came in at $86.6 million (Q1 2026), $43.6 million (Q4 2025), and $60.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Equinix 104.53 Bn 101.50 Bn 2.20 Bn 1.87 Bn
2 American Tower 86.20 Bn 92.70 Bn 2.70 Bn 1.50 Bn
3 Digital Realty Trust 63.76 Bn 62.92 Bn - 1.37 Bn
4 Crown Castle 38.57 Bn 38.52 Bn 984.00 Mn 545.00 Mn
5 Iron Mountain 37.41 Bn 37.43 Bn 1.05 Bn 1.54 Bn
6 Sba Communications 20.70 Bn 20.79 Bn 532.10 Mn 128.53 Mn
7 Weyerhaeuser 17.74 Bn 17.44 Bn 318.00 Mn 120.00 Mn
8 Lamar Advertising 15.68 Bn 15.63 Bn 403.56 Mn 399.87 Mn
9 Gaming & Leisure Properties 13.22 Bn 13.62 Bn - 86.64 Mn
10 OUTFRONT Media 5.51 Bn 5.47 Bn 202.10 Mn 373.70 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