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| Date | Value |
|---|---|
| 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 |