Belpointe PREP (OZ) Rent Expense (2021 - 2026)

Belpointe PREP has disclosed Rent Expense across 6 years of filings, most recently posting $5.0 million for Q1 2026.

• In Q1 2026, Rent Expense rose 84.99% year-over-year to $5.0 million; the TTM figure through Mar 2026 stood at $17.3 million (up 108.5% YoY), while the FY2025 annual figure was $15.0 million, up 118.83% from the prior year.
• Rent Expense came in at $5.0 million for Q1 2026 at Belpointe PREP, up from $4.5 million in the prior quarter.
• In the past five years, Rent Expense ranged from a high of $5.0 million in Q1 2026 to a low of $907000.0 in Q1 2022.
• Average Rent Expense over 5 years is $2.0 million, with a median of $1.3 million recorded in 2024.
• Year-over-year, Rent Expense soared 1177.46% in 2022 and increased 4.83% in 2023.
• Over 5 years, Rent Expense stood at $1.0 million in 2022, then climbed by 14.63% to $1.2 million in 2023, then jumped by 79.17% to $2.1 million in 2024, then surged by 117.78% to $4.5 million in 2025, then climbed by 11.28% to $5.0 million in 2026.
• Per Business Quant data, the three most recent Rent Expense figures were $5.0 million in Q1 2026, $4.5 million in Q4 2025, and $3.8 million in Q3 2025.