Medalist Diversified (MDRR) Operating Expenses (2018 - 2026)
Medalist Diversified's (MDRR) quarterly Operating Expenses came in at $2.1 million in Q2 2026, down 2.7% year-over-year from $2.2 million in Q2 2025, and down 8.71% quarter-over-quarter from $2.3 million in Q1 2026.
Analysis
Medalist Diversified (MDRR) Operating Expenses (2018 - 2026) Analysis & Trends
Medalist Diversified (MDRR) has reported Operating Expenses for 9 consecutive years, with $2.1 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses fell 2.7% year-over-year to $2.1 million in Q2 2026; TTM through Jun 2026 was $9.5 million, a 4.05% increase from a year earlier, with the FY2025 full-year figure at $10.1 million, up 16.24% from the prior year.
- Operating Expenses was $2.1 million for Q2 2026 at Medalist Diversified, down from $2.3 million in the prior quarter.
- Over five years, Operating Expenses peaked at $3.7 million in Q3 2023 and troughed at $2.0 million in Q4 2024.
- A 5-year average of $2.6 million and a median of $2.6 million in 2022 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses slumped 44.37% in 2024 and soared 31.62% in 2025, its largest moves.
- Over 5 years, Operating Expenses stood at $2.9 million in 2022, then retreated by 22.11% to $2.2 million in 2023, then dropped by 8.67% to $2.0 million in 2024, then soared by 31.62% to $2.7 million in 2025, then decreased by 20.01% to $2.1 million in 2026.
- The last three Operating Expenses figures came in at $2.1 million (Q2 2026), $2.3 million (Q1 2026), and $2.7 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 25.83 Bn | 25.58 Bn | - | 54.24 Mn |
| 2 | Eason Technology | 6.12 Bn | 6.12 Bn | - | - |
| 3 | Opendoor Technologies | 2.91 Bn | 2.02 Bn | 86.00 Mn | 230.00 Mn |
| 4 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.87 Bn | 2.87 Bn | - | -9.30 Mn |
| 5 | LandBridge | 2.44 Bn | 2.40 Bn | 65.51 Mn | 15.90 Mn |
| 6 | Kennedy-Wilson Holdings | 1.52 Bn | 1.37 Bn | 83.20 Mn | 109.70 Mn |
| 7 | Frp Holdings | 420.67 Mn | 420.67 Mn | - | 9.62 Mn |
| 8 | American Realty Investors | 250.20 Mn | 250.20 Mn | - | 15.42 Mn |
| 9 | Belpointe PREP | 186.60 Mn | 186.60 Mn | - | 3.00 Mn |
| 10 | Medalist Diversified | 20.72 Mn | 14.34 Mn | - | 2.14 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.14 Mn |
| Mar 31, 2026 | 2.34 Mn |
| Dec 31, 2025 | 2.67 Mn |
| Sep 30, 2025 | 2.34 Mn |
| Jun 30, 2025 | 2.20 Mn |
| Mar 31, 2025 | 2.86 Mn |
| Dec 31, 2024 | 2.03 Mn |
| Sep 30, 2024 | 2.03 Mn |
| Jun 30, 2024 | 2.09 Mn |
| Mar 31, 2024 | 2.57 Mn |
| Dec 31, 2023 | 2.22 Mn |
| Sep 30, 2023 | 3.66 Mn |
| Jun 30, 2023 | 2.59 Mn |
| Mar 31, 2023 | 2.80 Mn |
| Dec 31, 2022 | 2.85 Mn |
| Sep 30, 2022 | 3.11 Mn |
| Jun 30, 2022 | 2.59 Mn |
| Mar 31, 2022 | 3.14 Mn |
| Dec 31, 2021 | 2.57 Mn |
| Sep 30, 2021 | 3.09 Mn |