Industrial Logistics Properties Trust (ILPT) Operating Expenses (2017 - 2026)
Industrial Logistics Properties Trust (ILPT) reported Operating Expenses of $76.4 million for Q1 2026, up 2.99% year-over-year from $74.2 million in Q1 2025, and up 1.14% quarter-over-quarter 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.
- Operating Expenses for Q1 2026 came in at $76.4 million, up 2.99% year-over-year; the trailing twelve-month figure through Mar 2026 was $309.2 million (up 2.98% YoY), and the FY2025 annual result was $307.0 million, up 1.14% from the prior year.
- Operating Expenses advanced to $76.4 million in Q1 2026 per ILPT's latest filing, from $75.5 million in the prior quarter.
- Over five years, Operating Expenses peaked at $173.5 million in Q2 2022 and troughed at $45.2 million in Q1 2022.
- A 5-year average of $80.7 million and a median of $76.4 million in 2026 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses soared 507.86% in 2022, then slumped 55.67% in 2023.
- A 5-year view of Operating Expenses shows it stood at $77.6 million in 2022, then decreased by 1.99% to $76.1 million in 2023, then dropped by 0.46% to $75.7 million in 2024, then fell by 0.26% to $75.5 million in 2025, then climbed by 1.14% to $76.4 million in 2026.
- Business Quant data shows ILPT's Operating Expenses at $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 | 137.79 Bn | 141.12 Bn | 2.24 Bn | -3.97 Bn |
| 2 | Public Storage | 57.19 Bn | 57.15 Bn | 1.18 Bn | 743.46 Mn |
| 3 | Extra Space Storage | 31.69 Bn | 32.52 Bn | -204.61 Mn | 488.47 Mn |
| 4 | Eastgroup Properties | 10.93 Bn | 10.93 Bn | 190.03 Mn | 113.86 Mn |
| 5 | Lineage | 10.07 Bn | 10.97 Bn | 417.00 Mn | 1.26 Bn |
| 6 | CubeSmart | 9.54 Bn | 9.57 Bn | 191.86 Mn | 168.70 Mn |
| 7 | Rexford Industrial Realty | 7.99 Bn | 8.37 Bn | - | 144.62 Mn |
| 8 | STAG Industrial | 7.40 Bn | 7.47 Bn | - | 140.20 Mn |
| 9 | Terreno Realty | 7.04 Bn | 7.04 Bn | - | 73.75 Mn |
| 10 | Industrial Logistics Properties Trust | 591.96 Mn | 896.44 Mn | - | 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 |