Belpointe PREP OZ
NYSE OZ
$47.92 +0.10 (+0.22%)
As of: Sep 10, 2026 · 1:49 PM EDT

Belpointe PREP (OZ) Operating Expenses (2021 - 2026)

Belpointe PREP's (OZ) quarterly Operating Expenses came in at $3.0 million in Q2 2026, down 69.64% year-over-year from $9.9 million in Q2 2025, and down 80.21% quarter-over-quarter from $15.2 million in Q1 2026.

Analysis

Belpointe PREP (OZ) Operating Expenses (2021 - 2026) Analysis & Trends

Belpointe PREP has disclosed Operating Expenses across 6 years of filings, most recently posting $3.0 million for Q2 2026.

  • In Q2 2026, Operating Expenses fell 69.64% year-over-year to $3.0 million; the TTM figure through Jun 2026 stood at $45.0 million (up 18.77% YoY), while the FY2025 annual figure was $47.3 million, up 75.45% from the prior year.
  • Operating Expenses came in at $3.0 million for Q2 2026 at Belpointe PREP, down from $15.2 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $15.2 million in Q1 2026 to a low of $2.1 million in Q3 2022.
  • Average Operating Expenses over 5 years is $6.7 million, with a median of $4.8 million recorded in 2023.
  • Year-over-year, Operating Expenses surged 937.36% in 2022 and sank 69.64% in 2026.
  • Over 5 years, Operating Expenses stood at $3.3 million in 2022, then surged by 36.87% to $4.5 million in 2023, then jumped by 113.0% to $9.6 million in 2024, then surged by 56.29% to $15.0 million in 2025, then sank by 79.97% to $3.0 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $3.0 million in Q2 2026, $15.2 million in Q1 2026, and $15.0 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Texas Pacific Land 25.40 Bn 25.15 Bn - 54.24 Mn
2 Eason Technology 6.02 Bn 6.02 Bn - -
3 Vesta Real Estate Corporation, S.A.B. de C.V 2.85 Bn 2.85 Bn - -9.30 Mn
4 Opendoor Technologies 2.71 Bn 1.82 Bn 86.00 Mn 230.00 Mn
5 LandBridge 2.42 Bn 2.38 Bn 65.51 Mn 15.90 Mn
6 Kennedy-Wilson Holdings 1.52 Bn 1.37 Bn 83.20 Mn 109.70 Mn
7 Frp Holdings 419.54 Mn 419.54 Mn - 9.62 Mn
8 American Realty Investors 251.43 Mn 251.43 Mn - 15.42 Mn
9 Belpointe PREP 187.01 Mn 187.01 Mn - 3.00 Mn
10 Star Holdings 114.13 Mn 79.32 Mn 5.31 Mn 21.61 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 3.00 Mn
Mar 31, 2026 15.16 Mn
Dec 31, 2025 14.98 Mn
Sep 30, 2025 11.83 Mn
Jun 30, 2025 9.88 Mn
Mar 31, 2025 10.60 Mn
Dec 31, 2024 9.58 Mn
Sep 30, 2024 7.80 Mn
Jun 30, 2024 5.13 Mn
Mar 31, 2024 4.43 Mn
Dec 31, 2023 4.50 Mn
Sep 30, 2023 3.78 Mn
Jun 30, 2023 5.06 Mn
Mar 31, 2023 3.30 Mn
Dec 31, 2022 3.29 Mn
Sep 30, 2022 2.12 Mn
Jun 30, 2022 2.66 Mn
Mar 31, 2022 2.83 Mn
Dec 31, 2021 3.60 Mn
Sep 30, 2021 487,000.00