KBS Real Estate Investment Trust III (KBSR) Operating Expenses (2011 - 2026)
KBS Real Estate Investment Trust III's Operating Expenses came in at $93.13 million for Q2 2026, up 2.5% from $90.83 million a year earlier and up 6.9% from the prior quarter.
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Analysis
KBS Real Estate Investment Trust III (KBSR) Operating Expenses (2011 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, KBS Real Estate Investment Trust III reported Operating Expenses of $409.64 million, up 4.2% year-over-year; for FY2025, it came in at $412.86 million, up 6.4% from FY2024.
- Operating Expenses carries a five-year compound annual growth rate of 2.3% (FY2020 to FY2025).
- Going back by year, Operating Expenses was $387.98 million in FY2024 (-8.3%), $423.1 million in FY2023 (+53.9%), $275 million in FY2022 (-6.1%) and $292.73 million in FY2021 (-20.5%).
- The five-year range for quarterly Operating Expenses is $52.49 million (Q1 2022) to $151.86 million (Q3 2025).
- Year-over-year, Operating Expenses increased in four of the last eight quarters, with growth averaging 3.6%.
- The fastest year-over-year change in Operating Expenses over five years came in Q1 2023 (growth of 144.4%), and the weakest in Q1 2024 (a decline of 34.0%).
- Business Quant data shows KBSR's Operating Expenses at $87.11 million (Q1 2026), $77.55 million (Q4 2025) and $151.86 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 167.90 Bn | 150.42 Bn | 1.39 Bn | 3.22 Bn |
| 2 | Prologis | 123.74 Bn | 128.13 Bn | - | 1.47 Bn |
| 3 | Simon Property | 66.68 Bn | 67.94 Bn | - | 900.79 Mn |
| 4 | Realty Income | 52.20 Bn | 54.59 Bn | - | 1.19 Bn |
| 5 | Public Storage | 50.15 Bn | 49.24 Bn | - | 766.20 Mn |
| 6 | Ventas | 44.59 Bn | 43.78 Bn | - | 1.68 Bn |
| 7 | Extra Space Storage | 28.21 Bn | 28.21 Bn | 642.43 Mn | 481.97 Mn |
| 8 | Vici Properties | 25.53 Bn | 23.65 Bn | 1.05 Bn | 315.61 Mn |
| 9 | Vivmark Residential | 23.00 Bn | 23.19 Bn | - | 566.18 Mn |
| 10 | KBS Real Estate Investment Trust III | 5.94 Mn | 5.94 Mn | - | 93.13 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 93.13 Mn |
| Mar 31, 2026 | 87.11 Mn |
| Dec 31, 2025 | 77.55 Mn |
| Sep 30, 2025 | 151.86 Mn |
| Jun 30, 2025 | 90.83 Mn |
| Mar 31, 2025 | 92.62 Mn |
| Dec 31, 2024 | 85.42 Mn |
| Sep 30, 2024 | 124.08 Mn |
| Jun 30, 2024 | 93.86 Mn |
| Mar 31, 2024 | 84.63 Mn |
| Dec 31, 2023 | 120.32 Mn |
| Sep 30, 2023 | 87.26 Mn |
| Jun 30, 2023 | 87.21 Mn |
| Mar 31, 2023 | 128.30 Mn |
| Dec 31, 2022 | 87.01 Mn |
| Sep 30, 2022 | 66.59 Mn |
| Jun 30, 2022 | 68.91 Mn |
| Mar 31, 2022 | 52.49 Mn |
| Dec 31, 2021 | 70.91 Mn |
| Sep 30, 2021 | 76.90 Mn |
API Access
KBS Real Estate Investment Trust III Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=KBSR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "KBSR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=KBSR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();