Peakstone Realty Trust (PKST) Operating Expenses (2014 - 2026)
Peakstone Realty Trust (PKST) reported Operating Expenses of $26.0 million for Q1 2026, down 36.67% on a YoY basis from $41.0 million in Q1 2025, and down 5.19% quarter-over-quarter from $27.4 million in Q4 2025.
Peakstone Realty Trust (PKST) Operating Expenses (2014 - 2026) Analysis & Trends
Peakstone Realty Trust has reported Operating Expenses for 13 years, with the latest figure at $26.0 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 36.67% year-over-year to $26.0 million; the trailing twelve-month figure through Mar 2026 stood at $404.7 million (up 112.87% YoY), and the FY2025 full-year result was $120.2 million, down 25.82% from the prior year.
- Operating Expenses for Q1 2026 stood at $26.0 million, down from $27.4 million in the prior quarter.
- The five-year high for Operating Expenses was $453.1 million in Q2 2023, with the low at -$134.6 million in Q4 2023.
- Historically, Operating Expenses has averaged $89.1 million across 5 years, with a median of $49.3 million in 2024.
- Annual changes were most pronounced in 2023 — Operating Expenses plunged 228.86% — and 2025, when it surged 562.48%.
- Peakstone Realty Trust's Operating Expenses stood at $104.4 million in 2022, then sank by 228.86% to -$134.6 million in 2023, then surged by 122.98% to $30.9 million in 2024, then slipped by 11.44% to $27.4 million in 2025, then retreated by 5.19% to $26.0 million in 2026.
- The last three Operating Expenses figures came in at $26.0 million (Q1 2026), $27.4 million (Q4 2025), and $24.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alexandria Real Estate Equities | 9.03 Bn | 9.03 Bn | - | 634.35 Mn |
| 2 | Cousins Properties | 4.85 Bn | 4.87 Bn | 180.52 Mn | 285.09 Mn |
| 3 | Kilroy Realty | 4.57 Bn | 4.57 Bn | -59.85 Mn | 208.92 Mn |
| 4 | Sl Green Realty | 3.90 Bn | 4.01 Bn | 252.80 Mn | 61.46 Mn |
| 5 | Copt Defense Properties | 3.85 Bn | 3.90 Bn | 195.09 Mn | 142.32 Mn |
| 6 | Highwoods Properties | 3.25 Bn | 3.27 Bn | - | 410.82 Mn |
| 7 | Douglas Emmett | 2.11 Bn | 3.29 Bn | 176.48 Mn | 202.02 Mn |
| 8 | Empire State Realty OP | 1.49 Bn | 1.49 Bn | - | 160.87 Mn |
| 9 | Piedmont Realty Trust | 1.15 Bn | 1.15 Bn | 85.99 Mn | 124.51 Mn |
| 10 | Peakstone Realty Trust | 780.45 Mn | 702.75 Mn | 24.31 Mn | 25.97 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 25.97 Mn |
| Dec 31, 2025 | 27.39 Mn |
| Sep 30, 2025 | 24.65 Mn |
| Jun 30, 2025 | 326.72 Mn |
| Mar 31, 2025 | 41.01 Mn |
| Dec 31, 2024 | 30.93 Mn |
| Sep 30, 2024 | 68.88 Mn |
| Jun 30, 2024 | 49.32 Mn |
| Mar 31, 2024 | 46.24 Mn |
| Dec 31, 2023 | -134.56 Mn |
| Sep 30, 2023 | 48.26 Mn |
| Jun 30, 2023 | 453.11 Mn |
| Mar 31, 2023 | 54.92 Mn |
| Dec 31, 2022 | 104.43 Mn |
| Sep 30, 2022 | 87.26 Mn |
| Jun 30, 2022 | 171.57 Mn |
| Mar 31, 2022 | 89.01 Mn |
| Dec 31, 2021 | 92.92 Mn |
| Sep 30, 2021 | 93.89 Mn |
| Jun 30, 2021 | 91.43 Mn |