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| Date | Value |
|---|---|
| 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 |