Modiv Industrial (MDV) Accumulated Expenses (2016 - 2026)
Modiv Industrial (MDV) reported Accumulated Expenses of $3.35 million for Q2 2026, up 452.3% from $606,000 a year earlier and up 190.0% from the prior quarter.
Modiv Industrial (MDV) Accumulated Expenses (2016 - 2026) Analysis & Trends
At the end of FY2025, Modiv Industrial posted Accumulated Expenses of $972,000, up 10.0% from FY2024.
- Accumulated Expenses has a five-year compound annual growth rate of -20.5% (FY2020 to FY2025).
- By year, Accumulated Expenses came in at $884,000 in FY2024 (-26.5%), $1.2 million in FY2023 (-44.5%), $2.16 million in FY2022 (-44.0%) and $3.86 million in FY2021 (+25.9%).
- The Q2 2026 figure ranks as the highest quarterly Accumulated Expenses since Q3 2023.
- Year over year, Accumulated Expenses has now increased in each of the last three quarters, with growth averaging 44.9% over the last eight quarters.
- The high point for year-over-year Accumulated Expenses in five years was Q2 2026 (growth of 452.3%); the low point was Q1 2024 (a decline of 64.7%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $1.15 million (Q1 2026), $972,000 (Q4 2025) and $1.06 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - |
| 10 | Modiv Industrial | 186.34 Mn | 225.21 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.35 Mn |
| Mar 31, 2026 | 1.15 Mn |
| Dec 31, 2025 | 972,000.00 |
| Sep 30, 2025 | 1.06 Mn |
| Jun 30, 2025 | 606,000.00 |
| Mar 31, 2025 | 663,000.00 |
| Dec 31, 2024 | 884,000.00 |
| Sep 30, 2024 | 1.70 Mn |
| Jun 30, 2024 | 888,104.00 |
| Mar 31, 2024 | 855,425.00 |
| Dec 31, 2023 | 1.20 Mn |
| Sep 30, 2023 | 4.08 Mn |
| Jun 30, 2023 | 1.92 Mn |
| Mar 31, 2023 | 2.42 Mn |
| Dec 31, 2022 | 2.16 Mn |
| Sep 30, 2022 | 3.77 Mn |
| Jun 30, 2022 | 2.88 Mn |
| Mar 31, 2022 | 3.10 Mn |
| Dec 31, 2021 | 3.86 Mn |
| Sep 30, 2021 | 3.58 Mn |
Modiv Industrial Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=MDV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "MDV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=MDV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();