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Consolidated Net IncomeEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Equity IncomeIncome from Continuing OperationsIncome from Non-Controlling InterestsIncome towards Parent CompanyInterest ExpensesInterest ExpensesNet Income towards Common StockholdersNon Operating IncomeOperating ExpensesOther Non Operating IncomeOther Operating ExpensesPreferred Dividend PaymentsProfit After TaxRestructuring CostsRevenueSelling, General & AdministrativeShares OutstandingShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)Tax ProvisionsTax RateTax Rate
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Realty Income (O) Operating Expenses (2016 - 2025)

Realty Income (O) has disclosed Operating Expenses for 17 consecutive years, with $1.2 billion as the latest value for Q4 2025.

  • Quarterly Operating Expenses rose 5.76% to $1.2 billion in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $4.8 billion through Dec 2025, up 6.61% year-over-year, with the annual reading at $4.8 billion for FY2025, 6.61% up from the prior year.
  • Operating Expenses hit $1.2 billion in Q4 2025 for Realty Income, up from $1.2 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $1.2 billion in Q2 2025 to a low of $303.1 million in Q1 2021.
  • Historically, Operating Expenses has averaged $833.1 million across 5 years, with a median of $811.9 million in 2023.
  • Biggest YoY gain for Operating Expenses was 1345.69% in 2021; the steepest drop was 9.33% in 2021.
  • Year by year, Operating Expenses stood at $653.5 million in 2021, then rose by 5.04% to $686.5 million in 2022, then rose by 22.55% to $841.3 million in 2023, then skyrocketed by 37.18% to $1.2 billion in 2024, then grew by 5.76% to $1.2 billion in 2025.
  • Business Quant data shows Operating Expenses for O at $1.2 billion in Q4 2025, $1.2 billion in Q3 2025, and $1.2 billion in Q2 2025.