Realty Income (O) Operating Expenses (2009 - 2026)

Realty Income has disclosed Operating Expenses across 18 years of filings, most recently posting $1.2 billion for Q2 2026.

• In Q2 2026, Operating Expenses fell 3.39% year-over-year to $1.2 billion; the TTM figure through Jun 2026 stood at $4.8 billion (up 4.38% YoY), while the FY2025 annual figure was $4.8 billion, up 6.61% from the prior year.
• Operating Expenses came in at $1.2 billion for Q2 2026 at Realty Income, down from $1.2 billion in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $1.2 billion in Q1 2026 to a low of $608.8 million in Q1 2022.
• Average Operating Expenses over 5 years is $968.5 million, with a median of $1.1 billion recorded in 2024.
• Year-over-year, Operating Expenses jumped 100.86% in 2022 and decreased 3.39% in 2026.
• Over 5 years, Operating Expenses stood at $686.5 million in 2022, then grew by 22.55% to $841.3 million in 2023, then surged by 37.18% to $1.2 billion in 2024, then increased by 5.76% to $1.2 billion in 2025, then declined by 2.48% to $1.2 billion in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $1.2 billion in Q2 2026, $1.2 billion in Q1 2026, and $1.2 billion in Q4 2025.