Belpointe PREP (OZ) Construction in Progress (2020 - 2026)
Belpointe PREP's (OZ) quarterly Construction in Progress came in at $57.9 million in Q1 2026, down 72.63% year-over-year from $211.6 million in Q1 2025, and little changed quarter-over-quarter from $57.8 million in Q4 2025.
Analysis
Belpointe PREP (OZ) Construction in Progress (2020 - 2026) Analysis & Trends
Belpointe PREP has disclosed Construction in Progress across 7 years of filings, most recently posting $57.9 million for Q1 2026.
- In Q1 2026, Construction in Progress fell 72.63% year-over-year to $57.9 million; the TTM figure through Mar 2026 stood at $57.9 million (down 72.63% YoY), while the FY2025 annual figure was $57.8 million, down 69.77% from the prior year.
- Construction in Progress came in at $57.9 million for Q1 2026 at Belpointe PREP, roughly flat from $57.8 million in the prior quarter.
- In the past five years, Construction in Progress ranged from a high of $337.7 million in Q1 2024 to a low of $57.8 million in Q4 2025.
- Average Construction in Progress over 5 years is $171.0 million, with a median of $172.3 million recorded in 2024.
- Year-over-year, Construction in Progress soared 167.11% in 2022 and tumbled 72.63% in 2026.
- Over 5 years, Construction in Progress stood at $133.9 million in 2022, then jumped by 117.43% to $291.1 million in 2023, then sank by 34.29% to $191.3 million in 2024, then tumbled by 69.77% to $57.8 million in 2025, then increased by 0.13% to $57.9 million in 2026.
- Per Business Quant data, the three most recent Construction in Progress figures were $57.9 million in Q1 2026, $57.8 million in Q4 2025, and $57.9 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 25.00 Bn | 24.76 Bn | - | - |
| 2 | Eason Technology | 6.75 Bn | 6.75 Bn | - | - |
| 3 | LandBridge | 6.64 Bn | 7.07 Bn | 65.51 Mn | - |
| 4 | Vesta Real Estate Corporation, S.A.B. de C.V | 3.07 Bn | 6.22 Bn | - | - |
| 5 | Opendoor Technologies | 3.05 Bn | 2.16 Bn | 86.00 Mn | - |
| 6 | Kennedy-Wilson Holdings | 1.52 Bn | 1.37 Bn | 83.20 Mn | - |
| 7 | Frp Holdings | 433.69 Mn | 433.69 Mn | - | 75.89 Mn |
| 8 | American Realty Investors | 250.20 Mn | 445.20 Mn | - | - |
| 9 | Belpointe PREP | 188.11 Mn | 188.11 Mn | - | - |
| 10 | Star Holdings | 119.97 Mn | 86.41 Mn | 5.31 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 57.92 Mn |
| Dec 31, 2025 | 57.84 Mn |
| Sep 30, 2025 | 57.90 Mn |
| Jun 30, 2025 | 229.55 Mn |
| Mar 31, 2025 | 211.62 Mn |
| Dec 31, 2024 | 191.31 Mn |
| Sep 30, 2024 | 172.33 Mn |
| Jun 30, 2024 | 262.66 Mn |
| Mar 31, 2024 | 337.74 Mn |
| Dec 31, 2023 | 291.13 Mn |
| Sep 30, 2023 | 250.43 Mn |
| Jun 30, 2023 | 200.69 Mn |
| Mar 31, 2023 | 157.19 Mn |
| Dec 31, 2022 | 133.90 Mn |
| Sep 30, 2022 | 111.40 Mn |
| Jun 30, 2022 | 98.71 Mn |
| Mar 31, 2022 | 85.45 Mn |
| Dec 31, 2021 | 76.88 Mn |
| Sep 30, 2021 | 41.71 Mn |
| Dec 31, 2020 | 15.10 Mn |