Belpointe PREP (OZ) Operating Expenses (2021 - 2026)
Belpointe PREP (OZ) posted Operating Expenses of $15.2 million for Q1 2026, up 1.22% sequentially from $15.0 million in Q4 2025, and up 43.08% YoY from $10.6 million in Q1 2025.
Belpointe PREP (OZ) Operating Expenses (2021 - 2026) Analysis & Trends
Belpointe PREP has reported Operating Expenses for 6 years, with the latest figure at $15.2 million in Q1 2026.
- Quarterly Operating Expenses rose 43.08% year-over-year to $15.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $51.8 million (up 56.58% YoY) and the FY2025 annual result came in at $47.3 million, up 75.45% from the prior year.
- Operating Expenses advanced to $15.2 million in Q1 2026 per OZ's latest filing, from $15.0 million in the prior quarter.
- Over five years, Operating Expenses peaked at $15.2 million in Q1 2026 and troughed at $2.1 million in Q3 2022.
- A 5-year average of $6.9 million and a median of $5.1 million in 2023 frame the typical range for Operating Expenses.
- The widest YoY moves for Operating Expenses: up 937.36% in 2022, down 8.75% in 2022.
- Over 5 years, Operating Expenses stood at $3.3 million in 2022, then jumped by 36.87% to $4.5 million in 2023, then soared by 113.0% to $9.6 million in 2024, then jumped by 56.29% to $15.0 million in 2025, then gained by 1.22% to $15.2 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $15.2 million, $15.0 million, and $11.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Howard Hughes Holdings | 4.02 Bn | 4.02 Bn | 1.07 Bn | 895.60 Mn |
| 2 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.92 Bn | 2.92 Bn | - | -9.30 Mn |
| 3 | Century Communities | 1.99 Bn | 1.90 Bn | 190.18 Mn | -173,000.00 |
| 4 | Forestar | 1.48 Bn | 1.09 Bn | 84.10 Mn | 38.30 Mn |
| 5 | Five Point Holdings | 389.61 Mn | 40.24 Mn | -23.72 Mn | 21.49 Mn |
| 6 | Belpointe PREP | 186.28 Mn | 186.28 Mn | - | 15.16 Mn |
| 7 | Amrep | 124.06 Mn | 71.37 Mn | 4.41 Mn | 8.90 Mn |
| 8 | Logistic Properties of the Americas | 105.87 Mn | 105.87 Mn | - | -4.18 Mn |
| 9 | Smith Douglas Homes | 104.84 Mn | 90.64 Mn | 47.92 Mn | 41.91 Mn |
| 10 | JFB Construction Holdings | 76.12 Mn | 68.15 Mn | 1.33 Mn | 5.42 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 290,000.00 |