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.

• In Q1 2026, Operating Expenses fell 22.18% year-over-year to $28.8 million; the TTM figure through Mar 2026 stood at $106.2 million (down 53.08% YoY), while the FY2025 annual figure was $114.4 million, down 53.54% from the prior year.
• Operating Expenses was $28.8 million for Q1 2026 at Millrose Properties, roughly flat from $28.8 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $65.8 million in Q4 2024 to a low of $22.1 million in Q2 2025.
• Historically, Operating Expenses has averaged $43.3 million across 3 years, with a median of $37.1 million in 2025.
• The sharpest annual moves came in 2025 and 2026: Operating Expenses slumped 62.95% in 2025, then decreased 22.18% in 2026.
• A 3-year view of Operating Expenses shows it stood at $65.8 million in 2024, then plunged by 56.29% to $28.8 million in 2025, then advanced by 0.28% to $28.8 million in 2026.
• The last three Operating Expenses figures came in at $28.8 million (Q1 2026), $28.8 million (Q4 2025), and $26.4 million (Q3 2025), per Business Quant data.