Lightstone Value Plus REIT IV (LTSV) Operating Expenses (2015 - 2026)
Lightstone Value Plus REIT IV's (LTSV) quarterly Operating Expenses came in at $6.1 million in Q2 2026, down 6.43% year-over-year from $6.6 million in Q2 2025, and up 0.51% quarter-over-quarter from $6.1 million in Q1 2026.
Analysis
Lightstone Value Plus REIT IV (LTSV) Operating Expenses (2015 - 2026) Analysis & Trends
Lightstone Value Plus REIT IV (LTSV) has reported Operating Expenses for 12 consecutive years, with $6.1 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses fell 6.43% year-over-year to $6.1 million in Q2 2026; TTM through Jun 2026 was $24.7 million, a 8.87% decrease from a year earlier, with the FY2025 full-year figure at $25.2 million, down 8.77% from the prior year.
- Operating Expenses was $6.1 million for Q2 2026 at Lightstone Value Plus REIT IV, up from $6.1 million in the prior quarter.
- Over five years, Operating Expenses peaked at $7.7 million in Q2 2023 and troughed at $215354.0 in Q1 2022.
- A 5-year average of $5.2 million and a median of $6.1 million in 2025 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses soared 1574.26% in 2023 and retreated 13.48% in 2025, its largest moves.
- Over 5 years, Operating Expenses stood at $997941.0 in 2022, then soared by 583.92% to $6.8 million in 2023, then increased by 9.01% to $7.4 million in 2024, then slipped by 13.1% to $6.5 million in 2025, then retreated by 5.2% to $6.1 million in 2026.
- The last three Operating Expenses figures came in at $6.1 million (Q2 2026), $6.1 million (Q1 2026), and $6.5 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryman Hospitality Properties | 7.62 Bn | 7.25 Bn | 364.88 Mn | 574.43 Mn |
| 2 | Apple Hospitality REIT | 3.61 Bn | 3.60 Bn | 174.97 Mn | 314.51 Mn |
| 3 | Park Hotels & Resorts | 3.02 Bn | 2.76 Bn | 232.00 Mn | 583.00 Mn |
| 4 | DiamondRock Hospitality | 2.46 Bn | 2.35 Bn | 123.23 Mn | 244.94 Mn |
| 5 | Sunstone Hotel Investors | 2.02 Bn | 1.82 Bn | 242.17 Mn | 242.91 Mn |
| 6 | Pebblebrook Hotel Trust | 1.99 Bn | 1.73 Bn | 154.61 Mn | 349.90 Mn |
| 7 | Xenia Hotels & Resorts | 1.63 Bn | 1.51 Bn | 97.24 Mn | 295.46 Mn |
| 8 | RLJ Lodging Trust | 1.61 Bn | 674.40 Mn | - | 327.47 Mn |
| 9 | Summit Hotel Properties | 600.84 Mn | 563.91 Mn | 138.35 Mn | 170.27 Mn |
| 10 | Lightstone Value Plus REIT IV | 24.30 Mn | 16.63 Mn | 3.40 Mn | 6.13 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.13 Mn |
| Mar 31, 2026 | 6.10 Mn |
| Dec 31, 2025 | 6.47 Mn |
| Sep 30, 2025 | 6.03 Mn |
| Jun 30, 2025 | 6.55 Mn |
| Mar 31, 2025 | 6.17 Mn |
| Dec 31, 2024 | 7.44 Mn |
| Sep 30, 2024 | 6.97 Mn |
| Jun 30, 2024 | 7.20 Mn |
| Mar 31, 2024 | 6.03 Mn |
| Dec 31, 2023 | 6.83 Mn |
| Sep 30, 2023 | 7.66 Mn |
| Jun 30, 2023 | 7.70 Mn |
| Mar 31, 2023 | 3.61 Mn |
| Dec 31, 2022 | 997,941.00 |
| Sep 30, 2022 | 473,661.00 |
| Jun 30, 2022 | 506,996.00 |
| Mar 31, 2022 | 215,354.00 |
| Dec 31, 2021 | 337,109.00 |
| Sep 30, 2021 | 200,789.00 |