Industrial Logistics Properties Trust (ILPT) Operating Expenses (2017 - 2026)

Industrial Logistics Properties Trust's (ILPT) quarterly Operating Expenses came in at $76.4 million in Q1 2026, up 2.99% year-on-year from $74.2 million in Q1 2025, and up 1.14% on a QoQ basis from $75.5 million in Q4 2025.

Industrial Logistics Properties Trust (ILPT) Operating Expenses (2017 - 2026) Analysis & Trends

Industrial Logistics Properties Trust (ILPT) has 10 years of Operating Expenses data on file, last reported at $76.4 million in Q1 2026.

  • On a quarterly basis, Operating Expenses rose 2.99% year-over-year to $76.4 million in Q1 2026; TTM through Mar 2026 was $309.2 million, a 2.98% increase from a year earlier, with the FY2025 full-year figure at $307.0 million, up 1.14% from the prior year.
  • Operating Expenses for Q1 2026 stood at $76.4 million, up from $75.5 million in the prior quarter.
  • Over the last five years, Operating Expenses for ILPT reached as high as $173.5 million in Q2 2022 and fell as low as $45.2 million in Q1 2022.
  • Historically, Operating Expenses has averaged $80.7 million across 5 years, with a median of $76.4 million in 2026.
  • Across the five-year window, Operating Expenses jumped 507.86% in 2022 and plunged 55.67% in 2023, its largest moves.
  • Year by year, Operating Expenses stood at $77.6 million in 2022, then declined by 1.99% to $76.1 million in 2023, then retreated by 0.46% to $75.7 million in 2024, then slipped by 0.26% to $75.5 million in 2025, then rose by 1.14% to $76.4 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $76.4 million in Q1 2026, $75.5 million in Q4 2025, and $81.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Prologis 134.75 Bn 139.31 Bn 2.24 Bn -6.26 Bn
2 Public Storage 55.31 Bn 55.27 Bn 1.18 Bn 743.46 Mn
3 Extra Space Storage 30.66 Bn 31.49 Bn 617.72 Mn 488.47 Mn
4 Eastgroup Properties 11.49 Bn 11.49 Bn 193.10 Mn 114.53 Mn
5 CubeSmart 9.34 Bn 9.36 Bn 191.86 Mn 168.70 Mn
6 Lineage 9.30 Bn 9.23 Bn 417.00 Mn 1.26 Bn
7 Rexford Industrial Realty 8.22 Bn 8.54 Bn - 144.62 Mn
8 STAG Industrial 7.73 Bn 7.81 Bn - 140.20 Mn
9 Terreno Realty 7.56 Bn 7.56 Bn - 73.75 Mn
10 Industrial Logistics Properties Trust 608.18 Mn 1.01 Bn - 76.38 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 76.38 Mn
Dec 31, 2025 75.51 Mn
Sep 30, 2025 81.69 Mn
Jun 30, 2025 75.65 Mn
Mar 31, 2025 74.16 Mn
Dec 31, 2024 75.71 Mn
Sep 30, 2024 74.68 Mn
Jun 30, 2024 75.72 Mn
Mar 31, 2024 77.45 Mn
Dec 31, 2023 76.06 Mn
Sep 30, 2023 76.46 Mn
Jun 30, 2023 76.91 Mn
Mar 31, 2023 79.15 Mn
Dec 31, 2022 77.61 Mn
Sep 30, 2022 80.42 Mn
Jun 30, 2022 173.48 Mn
Mar 31, 2022 45.16 Mn
Dec 31, 2021 30.61 Mn
Sep 30, 2021 29.46 Mn
Jun 30, 2021 28.54 Mn