Millrose Properties (MRP) Operating Expenses (2024 - 2026)

Millrose Properties' Operating Expenses history runs 3 years deep, the most recent figure standing at $28.8 million for Q1 2026.

• On a quarterly basis, Operating Expenses fell 22.18% year-over-year to $28.8 million in Q1 2026; TTM through Mar 2026 was $106.2 million, a 53.08% decrease from a year earlier, with the FY2025 full-year figure at $114.4 million, down 53.54% from the prior year.
• Operating Expenses steadied at $28.8 million in Q1 2026 per MRP's latest filing, from $28.8 million in the prior quarter.
• Across five years, Operating Expenses topped out at $65.8 million in Q4 2024 and bottomed at $22.1 million in Q2 2025.
• The 3-year median for Operating Expenses is $37.1 million (2025), against an average of $43.3 million.
• Across the five-year window, Operating Expenses slumped 62.95% in 2025 and dropped 22.18% in 2026, its largest moves.
• Year by year, Operating Expenses stood at $65.8 million in 2024, then slumped by 56.29% to $28.8 million in 2025, then advanced by 0.28% to $28.8 million in 2026.
• Per Business Quant, the three latest MRP Operating Expenses figures stand at $28.8 million (Q1 2026), $28.8 million (Q4 2025), and $26.4 million (Q3 2025).