Alpine Income Property Trust (PINE) Operating Expenses (2019 - 2026)
Alpine Income Property Trust (PINE) posted quarterly Operating Expenses of $11.3 million for Q2 2026, down 15.14% year-over-year from $13.3 million in Q2 2025, and down 4.96% quarter-over-quarter from $11.9 million in Q1 2026.
Alpine Income Property Trust (PINE) Operating Expenses (2019 - 2026) Analysis & Trends
Alpine Income Property Trust's Operating Expenses history runs 8 years deep, the most recent figure standing at $11.3 million for Q2 2026.
- In Q2 2026, Operating Expenses fell 15.14% year-over-year to $11.3 million; the TTM figure through Jun 2026 stood at $46.2 million (down 3.17% YoY), while the FY2025 annual figure was $49.5 million, up 18.75% from the prior year.
- Operating Expenses for Q2 2026 stood at $11.3 million, down from $11.9 million in the prior quarter.
- The five-year high for Operating Expenses was $13.3 million in Q2 2025, with the low at $8.2 million in Q1 2022.
- The 5-year median for Operating Expenses is $10.4 million (2024), against an average of $10.6 million.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses jumped 69.88% in 2022, then dropped 18.17% in 2024.
- Alpine Income Property Trust's Operating Expenses stood at $9.0 million in 2022, then advanced by 12.98% to $10.2 million in 2023, then rose by 7.48% to $10.9 million in 2024, then rose by 0.49% to $11.0 million in 2025, then gained by 2.98% to $11.3 million in 2026.
- Business Quant data shows PINE's Operating Expenses at $11.3 million in Q2 2026, $11.9 million in Q1 2026, and $11.0 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Simon Property | 72.80 Bn | 72.80 Bn | 1.76 Bn | 900.79 Mn |
| 2 | Realty Income | 57.71 Bn | 57.71 Bn | - | 1.19 Bn |
| 3 | Kimco Realty | 16.13 Bn | 16.13 Bn | 455.67 Mn | 356.02 Mn |
| 4 | Federal Realty Investment Trust | 10.03 Bn | 10.03 Bn | 271.22 Mn | 217.66 Mn |
| 5 | Agree Realty | 8.85 Bn | 8.84 Bn | - | 112.31 Mn |
| 6 | Nnn Reit | 8.68 Bn | 8.68 Bn | - | 102.00 Mn |
| 7 | Macerich | 6.67 Bn | 6.67 Bn | 171.77 Mn | 277.43 Mn |
| 8 | Essential Properties Realty Trust | 6.52 Bn | 6.52 Bn | - | 62.12 Mn |
| 9 | Kite Realty Group Trust | 5.31 Bn | 5.31 Bn | - | 150.10 Mn |
| 10 | Alpine Income Property Trust | 333.66 Mn | 333.66 Mn | 17.92 Mn | 11.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 11.30 Mn |
| Mar 31, 2026 | 11.88 Mn |
| Dec 31, 2025 | 10.97 Mn |
| Sep 30, 2025 | 12.10 Mn |
| Jun 30, 2025 | 13.31 Mn |
| Mar 31, 2025 | 13.09 Mn |
| Dec 31, 2024 | 10.92 Mn |
| Sep 30, 2024 | 10.45 Mn |
| Jun 30, 2024 | 10.41 Mn |
| Mar 31, 2024 | 9.88 Mn |
| Dec 31, 2023 | 10.16 Mn |
| Sep 30, 2023 | 12.77 Mn |
| Jun 30, 2023 | 9.65 Mn |
| Mar 31, 2023 | 9.28 Mn |
| Dec 31, 2022 | 8.99 Mn |
| Sep 30, 2022 | 9.14 Mn |
| Jun 30, 2022 | 8.46 Mn |
| Mar 31, 2022 | 8.20 Mn |
| Dec 31, 2021 | 7.65 Mn |
| Sep 30, 2021 | 6.59 Mn |