LXP Industrial Trust (LXP) Operating Expenses (2010 - 2026)
LXP Industrial Trust (LXP) reported Operating Expenses of $10.3 million for Q1 2026, down 1.16% on a YoY basis from $10.4 million in Q1 2025, and down 5.34% quarter-over-quarter from $10.8 million in Q4 2025.
LXP Industrial Trust (LXP) Operating Expenses (2010 - 2026) Analysis & Trends
LXP Industrial Trust has reported Operating Expenses for 16 years, with the latest figure at $10.3 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 1.16% year-over-year to $10.3 million; the trailing twelve-month figure through Mar 2026 stood at $40.1 million (down 3.21% YoY), and the FY2025 full-year result was $40.2 million, down 0.77% from the prior year.
- Operating Expenses for Q1 2026 stood at $10.3 million, down from $10.8 million in the prior quarter.
- The five-year high for Operating Expenses was $18.7 million in Q1 2022, with the low at $8.6 million in Q3 2023.
- Historically, Operating Expenses has averaged $10.6 million across 5 years, with a median of $9.7 million in 2025.
- Annual changes were most pronounced in 2023 — Operating Expenses plunged 50.56% — and 2024, when it rose 27.62%.
- LXP Industrial Trust's Operating Expenses stood at $9.6 million in 2022, then retreated by 1.55% to $9.5 million in 2023, then gained by 8.86% to $10.3 million in 2024, then gained by 5.21% to $10.8 million in 2025, then declined by 5.34% to $10.3 million in 2026.
- The last three Operating Expenses figures came in at $10.3 million (Q1 2026), $10.8 million (Q4 2025), and $9.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 137.79 Bn | 141.12 Bn | 2.24 Bn | -3.97 Bn |
| 2 | Public Storage | 57.19 Bn | 57.15 Bn | 1.18 Bn | 743.46 Mn |
| 3 | Extra Space Storage | 31.69 Bn | 32.52 Bn | -204.61 Mn | 488.47 Mn |
| 4 | Eastgroup Properties | 10.93 Bn | 10.93 Bn | 190.03 Mn | 113.86 Mn |
| 5 | Lineage | 10.07 Bn | 10.97 Bn | 417.00 Mn | 1.26 Bn |
| 6 | CubeSmart | 9.54 Bn | 9.57 Bn | 191.86 Mn | 168.70 Mn |
| 7 | Rexford Industrial Realty | 7.99 Bn | 8.37 Bn | - | 144.62 Mn |
| 8 | STAG Industrial | 7.40 Bn | 7.47 Bn | - | 140.20 Mn |
| 9 | Terreno Realty | 7.04 Bn | 7.04 Bn | - | 73.75 Mn |
| 10 | LXP Industrial Trust | 3.09 Bn | 3.10 Bn | -15.76 Mn | 10.27 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.27 Mn |
| Dec 31, 2025 | 10.85 Mn |
| Sep 30, 2025 | 9.33 Mn |
| Jun 30, 2025 | 9.67 Mn |
| Mar 31, 2025 | 10.39 Mn |
| Dec 31, 2024 | 10.31 Mn |
| Sep 30, 2024 | 10.99 Mn |
| Jun 30, 2024 | 9.75 Mn |
| Mar 31, 2024 | 9.49 Mn |
| Dec 31, 2023 | 9.47 Mn |
| Sep 30, 2023 | 8.61 Mn |
| Jun 30, 2023 | 9.01 Mn |
| Mar 31, 2023 | 9.24 Mn |
| Dec 31, 2022 | 9.62 Mn |
| Sep 30, 2022 | 9.06 Mn |
| Jun 30, 2022 | 15.73 Mn |
| Mar 31, 2022 | 18.70 Mn |
| Dec 31, 2021 | 10.76 Mn |
| Sep 30, 2021 | 8.36 Mn |
| Jun 30, 2021 | 17.60 Mn |