Live Oak Bancshares (LOB) Rent Expense (2014 - 2026)

Live Oak Bancshares has reported Rent Expense for 11 years, with the latest figure at $2.4 million in Q2 2026.

• On a quarterly basis, Rent Expense changed 0.21% year-over-year to $2.4 million in Q2 2026; TTM through Jun 2026 was $9.4 million, a 9.94% decrease from a year earlier, with the FY2025 full-year figure at $9.8 million, down 2.38% from the prior year.
• Rent Expense was $2.4 million for Q2 2026 at Live Oak Bancshares, down from $2.4 million in the prior quarter.
• The five-year high for Rent Expense was $3.5 million in Q4 2022, with the low at $1.9 million in Q1 2023.
• Average Rent Expense over 5 years is $2.5 million, with a median of $2.4 million recorded in 2025.
• The sharpest annual moves came in 2022 and 2023: Rent Expense surged 69.63% in 2022, then plunged 35.69% in 2023.
• Over 5 years, Rent Expense stood at $3.5 million in 2022, then slumped by 35.69% to $2.2 million in 2023, then increased by 14.66% to $2.6 million in 2024, then dropped by 9.42% to $2.3 million in 2025, then advanced by 2.03% to $2.4 million in 2026.
• The last three Rent Expense figures came in at $2.4 million (Q2 2026), $2.4 million (Q1 2026), and $2.3 million (Q4 2025), per Business Quant data.