Alpine Income Property Trust (PINE) Operating Expenses (2019 - 2026)

Alpine Income Property Trust (PINE) recorded quarterly Operating Expenses of $11.9 million in Q1 2026, up 8.35% quarter-over-quarter from $11.0 million in Q4 2025, and down 9.2% on a YoY basis from $13.1 million in Q1 2025.

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 $11.9 million for Q1 2026.

  • In Q1 2026, Operating Expenses fell 9.2% year-over-year to $11.9 million; the TTM figure through Mar 2026 stood at $48.3 million (up 7.58% YoY), while the FY2025 annual figure was $49.5 million, up 18.75% from the prior year.
  • Operating Expenses was $11.9 million for Q1 2026 at Alpine Income Property Trust, up from $11.0 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $13.3 million in Q2 2025 to a low of $8.2 million in Q1 2022.
  • Historically, Operating Expenses has averaged $10.6 million across 5 years, with a median of $10.4 million in 2024.
  • The sharpest annual moves came in 2022 and 2024: Operating Expenses surged 69.88% in 2022, then declined 18.17% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $9.0 million in 2022, then climbed by 12.98% to $10.2 million in 2023, then gained by 7.48% to $10.9 million in 2024, then gained by 0.49% to $11.0 million in 2025, then gained by 8.35% to $11.9 million in 2026.
  • The last three Operating Expenses figures came in at $11.9 million (Q1 2026), $11.0 million (Q4 2025), and $12.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Simon Property 69.18 Bn 69.56 Bn 1.76 Bn 900.79 Mn
2 Realty Income 55.47 Bn 56.16 Bn - 1.24 Bn
3 Kimco Realty 17.00 Bn 17.03 Bn 447.43 Mn 364.31 Mn
4 Regency Centers 14.85 Bn 14.97 Bn - 73.30 Mn
5 Federal Realty Investment Trust 10.68 Bn 10.75 Bn 265.49 Mn 220.41 Mn
6 Agree Realty 8.92 Bn 8.90 Bn - 104.48 Mn
7 Nnn Reit 8.68 Bn 8.68 Bn - 105.96 Mn
8 Essential Properties Realty Trust 6.37 Bn 6.38 Bn - 74.46 Mn
9 Macerich 6.30 Bn 6.10 Bn 158.29 Mn 278.05 Mn
10 Alpine Income Property Trust 307.24 Mn 328.44 Mn 16.10 Mn 11.88 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 5.57 Mn