Sabra Health Care REIT (SBRA) Operating Expenses (2011 - 2026)
Sabra Health Care REIT (SBRA) reported Operating Expenses of $92.27 million for Q2 2026, up 51.0% from $61.1 million a year earlier and up 7.7% from the prior quarter.
Sabra Health Care REIT (SBRA) Operating Expenses (2011 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Sabra Health Care REIT's Operating Expenses came in at $327.99 million, up 37.0% year-over-year; for FY2025, it came in at $271.11 million, up 19.4% from FY2024.
- Operating Expenses has a five-year compound annual growth rate of 2.4% (FY2020 to FY2025).
- By year, Operating Expenses came in at $227.09 million in FY2024 (+16.3%), $195.25 million in FY2023 (-39.8%), $324.46 million in FY2022 (+22.3%) and $265.19 million in FY2021 (+10.3%).
- The Q2 2026 figure ranks as the highest quarterly Operating Expenses since Q4 2022.
- Year over year, Operating Expenses has now increased in each of the last ten quarters, with growth averaging 26.2% over the last eight quarters.
- The high point for year-over-year Operating Expenses in five years was Q2 2026 (growth of 51.0%); the low point was Q4 2023 (a decline of 54.3%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $85.64 million (Q1 2026), $80.42 million (Q4 2025) and $69.65 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | 3.22 Bn |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | 1.47 Bn |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | 900.79 Mn |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | 1.19 Bn |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | 766.20 Mn |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | 1.68 Bn |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | 481.97 Mn |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | 315.61 Mn |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | 566.18 Mn |
| 10 | Sabra Health Care REIT | 5.04 Bn | 5.04 Bn | - | 92.27 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 92.27 Mn |
| Mar 31, 2026 | 85.64 Mn |
| Dec 31, 2025 | 80.42 Mn |
| Sep 30, 2025 | 69.65 Mn |
| Jun 30, 2025 | 61.10 Mn |
| Mar 31, 2025 | 59.93 Mn |
| Dec 31, 2024 | 59.84 Mn |
| Sep 30, 2024 | 58.50 Mn |
| Jun 30, 2024 | 54.75 Mn |
| Mar 31, 2024 | 53.99 Mn |
| Dec 31, 2023 | 49.88 Mn |
| Sep 30, 2023 | 48.83 Mn |
| Jun 30, 2023 | 48.74 Mn |
| Mar 31, 2023 | 47.81 Mn |
| Dec 31, 2022 | 109.17 Mn |
| Sep 30, 2022 | 41.83 Mn |
| Jun 30, 2022 | 38.88 Mn |
| Mar 31, 2022 | 38.12 Mn |
| Dec 31, 2021 | 82.42 Mn |
| Sep 30, 2021 | 35.84 Mn |
Sabra Health Care REIT Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=SBRA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "SBRA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=SBRA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();