Logistic Properties of the Americas (LPA) Operating Expenses (2023 - 2026)

Logistic Properties of the Americas (LPA) reported Operating Expenses of -$4.1 million for Q1 2026, down 13.3% on a YoY basis from -$4.7 million in Q1 2025, and down 113.84% quarter-over-quarter from $29.4 million in Q4 2025.

Logistic Properties of the Americas (LPA) Operating Expenses (2023 - 2026) Analysis & Trends

Logistic Properties of the Americas has reported Operating Expenses for 4 years, with the latest figure at -$4.1 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses fell 13.3% year-over-year to -$4.1 million; the trailing twelve-month figure through Mar 2026 stood at $16.3 million (up 298.09% YoY), and the FY2025 full-year result was $16.7 million, up 7.08% from the prior year.
  • Operating Expenses for Q1 2026 stood at -$4.1 million, down from $29.4 million in the prior quarter.
  • The five-year high for Operating Expenses was $29.4 million in Q4 2025, with the low at -$4.8 million in Q3 2024.
  • Historically, Operating Expenses has averaged $1.1 million across 4 years, with a median of -$2.5 million in 2023.
  • Annual changes were most pronounced in 2024 — Operating Expenses slumped 323.48% — and 2025, when it surged 526.4%.
  • Logistic Properties of the Americas' Operating Expenses stood at $13.3 million in 2023, then tumbled by 64.82% to $4.7 million in 2024, then surged by 526.4% to $29.4 million in 2025, then plunged by 113.84% to -$4.1 million in 2026.
  • The last three Operating Expenses figures came in at -$4.1 million (Q1 2026), $29.4 million (Q4 2025), and -$4.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Vesta Real Estate Corporation, S.A.B. de C.V 19.65 Bn 19.45 Bn - -9.80 Mn
2 Howard Hughes Holdings 3.99 Bn 2.22 Bn 182.88 Mn 185.37 Mn
3 Century Communities 1.70 Bn 1.62 Bn 637.90 Mn 22.22 Mn
4 Forestar 1.48 Bn 1.12 Bn 80.20 Mn 37.90 Mn
5 Five Point Holdings 361.15 Mn 1.49 Bn 13.58 Mn 23.22 Mn
6 Sky Harbour 317.31 Mn 324.50 Mn 7.09 Mn 14.05 Mn
7 Belpointe PREP 180.46 Mn 161.50 Mn - 15.16 Mn
8 Amrep 138.84 Mn 88.35 Mn 14.23 Mn 11.57 Mn
9 Smith Douglas Homes 121.76 Mn 447.61 Mn 40.45 Mn 35.91 Mn
10 Logistic Properties of the Americas 8.90 Mn 8.90 Mn -636.15 Mn -4.07 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -4.07 Mn
Dec 31, 2025 29.40 Mn
Sep 30, 2025 -4.50 Mn
Jun 30, 2025 -4.58 Mn
Mar 31, 2025 -3.59 Mn
Dec 31, 2024 4.69 Mn
Sep 30, 2024 -4.75 Mn
Jun 30, 2024 -4.56 Mn
Mar 31, 2024 -1.69 Mn
Dec 31, 2023 13.34 Mn
Sep 30, 2023 -2.52 Mn
Jun 30, 2023 -1.08 Mn
Mar 31, 2023 -2.24 Mn