Modiv Industrial, Inc. (MDV) Operating Expenses (2016 - 2026)
Modiv Industrial's (MDV) quarterly Operating Expenses came in at $9.3 million in Q2 2026, down 13.24% year-over-year from $10.7 million in Q2 2025, and up 23.43% quarter-over-quarter from $7.5 million in Q1 2026.
Analysis
Modiv Industrial, Inc. (MDV) Operating Expenses (2016 - 2026) Analysis & Trends
Modiv Industrial has disclosed Operating Expenses across 11 years of filings, most recently posting $9.3 million for Q2 2026.
- In Q2 2026, Operating Expenses fell 13.24% year-over-year to $9.3 million; the TTM figure through Jun 2026 stood at $32.0 million (up 2.88% YoY), while the FY2025 annual figure was $33.1 million, up 17.58% from the prior year.
- Operating Expenses came in at $9.3 million for Q2 2026 at Modiv Industrial, up from $7.5 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $27.0 million in Q1 2022 to a low of $6.3 million in Q2 2024.
- Average Operating Expenses over 5 years is $9.6 million, with a median of $8.1 million recorded in 2023.
- Year-over-year, Operating Expenses soared 148.69% in 2022 and sank 59.04% in 2023.
- Over 5 years, Operating Expenses stood at $10.9 million in 2022, then fell by 21.41% to $8.5 million in 2023, then decreased by 25.15% to $6.4 million in 2024, then surged by 31.8% to $8.4 million in 2025, then rose by 9.73% to $9.3 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $9.3 million in Q2 2026, $7.5 million in Q1 2026, and $8.4 million in Q4 2025.
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Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.26 Mn |
| Mar 31, 2026 | 7.50 Mn |
| Dec 31, 2025 | 8.44 Mn |
| Sep 30, 2025 | 6.84 Mn |
| Jun 30, 2025 | 10.67 Mn |
| Mar 31, 2025 | 7.14 Mn |
| Dec 31, 2024 | 6.40 Mn |
| Sep 30, 2024 | 6.93 Mn |
| Jun 30, 2024 | 6.32 Mn |
| Mar 31, 2024 | 8.50 Mn |
| Dec 31, 2023 | 8.55 Mn |
| Sep 30, 2023 | 15.58 Mn |
| Jun 30, 2023 | 7.74 Mn |
| Mar 31, 2023 | 11.05 Mn |
| Dec 31, 2022 | 10.88 Mn |
| Sep 30, 2022 | 7.40 Mn |
| Jun 30, 2022 | 7.41 Mn |
| Mar 31, 2022 | 26.97 Mn |
| Dec 31, 2021 | 13.49 Mn |
| Sep 30, 2021 | 10.98 Mn |