Maui Land & Pineapple (MLP) Operating Expenses (2010 - 2026)
Maui Land & Pineapple's (MLP) quarterly Operating Expenses came in at $5.5 million in Q2 2026, up 3.41% on a YoY basis from $5.3 million in Q2 2025, and up 1.37% quarter-over-quarter from $5.4 million in Q1 2026.
Analysis
Maui Land & Pineapple (MLP) Operating Expenses (2010 - 2026) Analysis & Trends
Maui Land & Pineapple (MLP) has reported Operating Expenses for 17 consecutive years, with $5.5 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 3.41% year-over-year to $5.5 million; the trailing twelve-month figure through Jun 2026 stood at $22.0 million (down 5.91% YoY), and the FY2025 full-year result was $24.0 million, up 26.88% from the prior year.
- Operating Expenses climbed to $5.5 million in Q2 2026 per MLP's latest filing, from $5.4 million in the prior quarter.
- Across five years, Operating Expenses topped out at $7.6 million in Q1 2025 and bottomed at $2.6 million in Q3 2022.
- Historically, Operating Expenses has averaged $4.4 million across 5 years, with a median of $4.2 million in 2024.
- The sharpest annual moves came in 2025 and 2026: Operating Expenses soared 95.34% in 2025, then retreated 28.52% in 2026.
- Over 5 years, Operating Expenses stood at $2.7 million in 2022, then climbed by 29.25% to $3.5 million in 2023, then soared by 50.6% to $5.2 million in 2024, then climbed by 18.53% to $6.2 million in 2025, then fell by 11.71% to $5.5 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $5.5 million, $5.4 million, and $6.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Millrose Properties | 4.89 Bn | 4.89 Bn | - | 29.22 Mn |
| 2 | St Joe | 3.64 Bn | 3.53 Bn | 73.42 Mn | 104.06 Mn |
| 3 | Forestar | 1.35 Bn | 951.22 Mn | 84.10 Mn | 38.30 Mn |
| 4 | Five Point Holdings | 737.47 Mn | 388.09 Mn | -23.72 Mn | 21.49 Mn |
| 5 | Tejon Ranch | 433.29 Mn | 418.23 Mn | - | 13.91 Mn |
| 6 | Maui Land & Pineapple | 321.58 Mn | 321.58 Mn | 2.37 Mn | 5.49 Mn |
| 7 | Stratus Properties | 149.69 Mn | 149.69 Mn | -1.91 Mn | -11.61 Mn |
| 8 | Global Asset Management | 90.87 Mn | 90.80 Mn | 3,274.00 | 399,824.00 |
| 9 | Kaanapali Land | 57.36 Mn | 19.41 Mn | -406,000.00 | 232,000.00 |
| 10 | Alset | 44.54 Mn | 24.80 Mn | 83,877.00 | 2.78 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.49 Mn |
| Mar 31, 2026 | 5.42 Mn |
| Dec 31, 2025 | 6.22 Mn |
| Sep 30, 2025 | 4.89 Mn |
| Jun 30, 2025 | 5.31 Mn |
| Mar 31, 2025 | 7.58 Mn |
| Dec 31, 2024 | 5.25 Mn |
| Sep 30, 2024 | 5.26 Mn |
| Jun 30, 2024 | 4.53 Mn |
| Mar 31, 2024 | 3.88 Mn |
| Dec 31, 2023 | 3.49 Mn |
| Sep 30, 2023 | 3.29 Mn |
| Jun 30, 2023 | 3.82 Mn |
| Mar 31, 2023 | 3.67 Mn |
| Dec 31, 2022 | 2.70 Mn |
| Sep 30, 2022 | 2.56 Mn |
| Jun 30, 2022 | 3.35 Mn |
| Mar 31, 2022 | 2.75 Mn |
| Dec 31, 2021 | 2.81 Mn |
| Sep 30, 2021 | 2.43 Mn |