Modiv Industrial (MDV) Operating Expenses (2016 - 2026)

Modiv Industrial has disclosed Operating Expenses across 11 years of filings, most recently posting $7.5 million for Q1 2026.

• Operating Expenses for Q1 2026 came in at $7.5 million, up 5.01% year-over-year; the trailing twelve-month figure through Mar 2026 was $33.4 million (up 24.86% YoY), and the FY2025 annual result was $33.1 million, up 17.58% from the prior year.
• Operating Expenses came in at $7.5 million for Q1 2026 at Modiv Industrial, down from $8.4 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.
• The 5-year median for Operating Expenses is $7.7 million (2023), against an average of $9.7 million.
• Across the five-year window, Operating Expenses surged 148.69% in 2022 and slumped 59.04% in 2023, its largest moves.
• Modiv Industrial's 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 declined by 11.1% to $7.5 million in 2026.
• The last three Operating Expenses figures came in at $7.5 million (Q1 2026), $8.4 million (Q4 2025), and $6.8 million (Q3 2025), per Business Quant data.