Orion Properties (ONL) Operating Expenses (2020 - 2026)
Orion Properties' (ONL) quarterly Operating Expenses came in at $39.6 million in Q1 2026, up 1.27% year-on-year from $39.1 million in Q1 2025, and down 19.71% quarter-over-quarter from $49.4 million in Q4 2025.
Orion Properties (ONL) Operating Expenses (2020 - 2026) Analysis & Trends
Orion Properties has disclosed Operating Expenses across 7 years of filings, most recently posting $39.6 million for Q1 2026.
- Operating Expenses for Q1 2026 came in at $39.6 million, up 1.27% year-over-year; the trailing twelve-month figure through Mar 2026 was $244.7 million (up 17.6% YoY), and the FY2025 annual result was $244.2 million, up 4.27% from the prior year.
- Operating Expenses came in at $39.6 million for Q1 2026 at Orion Properties, down from $49.4 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $100.4 million in Q3 2025 to a low of $39.1 million in Q1 2025.
- The 5-year median for Operating Expenses is $58.4 million (2023), against an average of $59.8 million.
- Across the five-year window, Operating Expenses jumped 486.49% in 2022 and tumbled 40.21% in 2023, its largest moves.
- Orion Properties' Operating Expenses stood at $63.1 million in 2022, then retreated by 17.23% to $52.3 million in 2023, then grew by 20.58% to $63.0 million in 2024, then declined by 21.66% to $49.4 million in 2025, then slipped by 19.71% to $39.6 million in 2026.
- The last three Operating Expenses figures came in at $39.6 million (Q1 2026), $49.4 million (Q4 2025), and $100.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alexandria Real Estate Equities | 9.03 Bn | 9.03 Bn | - | 634.35 Mn |
| 2 | Cousins Properties | 4.85 Bn | 4.87 Bn | 180.52 Mn | 285.09 Mn |
| 3 | Kilroy Realty | 4.57 Bn | 4.57 Bn | -59.85 Mn | 208.92 Mn |
| 4 | Sl Green Realty | 3.90 Bn | 4.01 Bn | 252.80 Mn | 61.46 Mn |
| 5 | Copt Defense Properties | 3.85 Bn | 3.90 Bn | 195.09 Mn | 142.32 Mn |
| 6 | Highwoods Properties | 3.25 Bn | 3.27 Bn | - | 410.82 Mn |
| 7 | Douglas Emmett | 2.11 Bn | 3.29 Bn | 176.48 Mn | 202.02 Mn |
| 8 | Empire State Realty OP | 1.49 Bn | 1.49 Bn | - | 160.87 Mn |
| 9 | Piedmont Realty Trust | 1.15 Bn | 1.15 Bn | 85.99 Mn | 124.51 Mn |
| 10 | Orion Properties | 161.78 Mn | 152.77 Mn | - | 39.64 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 39.64 Mn |
| Dec 31, 2025 | 49.37 Mn |
| Sep 30, 2025 | 100.41 Mn |
| Jun 30, 2025 | 55.24 Mn |
| Mar 31, 2025 | 39.14 Mn |
| Dec 31, 2024 | 63.02 Mn |
| Sep 30, 2024 | 41.13 Mn |
| Jun 30, 2024 | 64.76 Mn |
| Mar 31, 2024 | 65.25 Mn |
| Dec 31, 2023 | 52.26 Mn |
| Sep 30, 2023 | 58.39 Mn |
| Jun 30, 2023 | 59.90 Mn |
| Mar 31, 2023 | 51.68 Mn |
| Dec 31, 2022 | 63.14 Mn |
| Sep 30, 2022 | 97.66 Mn |
| Jun 30, 2022 | 60.38 Mn |
| Mar 31, 2022 | 55.61 Mn |
| Dec 31, 2021 | 10.77 Mn |
| Sep 30, 2021 | 32.71 Mn |
| Jun 30, 2021 | 27.77 Mn |