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

Live Oak Bancshares' Rent Expense history runs 11 years deep, the most recent figure standing at $2.4 million for Q1 2026.

• In Q1 2026, Rent Expense fell 11.95% year-over-year to $2.4 million; the TTM figure through Mar 2026 stood at $9.4 million (down 10.06% YoY), while the FY2025 annual figure was $9.8 million, down 2.38% from the prior year.
• Rent Expense was $2.4 million for Q1 2026 at Live Oak Bancshares, up from $2.3 million in the prior quarter.
• In the past five years, Rent Expense ranged from a high of $3.5 million in Q4 2022 to a low of $1.9 million in Q1 2023.
• Historically, Rent Expense has averaged $2.5 million across 5 years, with a median of $2.4 million in 2025.
• The sharpest annual moves came in 2022 and 2023: Rent Expense jumped 69.63% in 2022, then sank 35.69% in 2023.
• A 5-year view of Rent Expense shows it stood at $3.5 million in 2022, then tumbled by 35.69% to $2.2 million in 2023, then grew by 14.66% to $2.6 million in 2024, then slipped by 9.42% to $2.3 million in 2025, then advanced by 4.01% to $2.4 million in 2026.
• The last three Rent Expense figures came in at $2.4 million (Q1 2026), $2.3 million (Q4 2025), and $2.3 million (Q3 2025), per Business Quant data.