Sabra Health Care REIT (SBRA) Operating Expenses (2011 - 2026)

Sabra Health Care REIT's (SBRA) quarterly Operating Expenses came in at $3.8 million in Q1 2026, up 8.45% year-on-year from $3.5 million in Q1 2025, and down 98.46% quarter-over-quarter from $245.7 million in Q4 2025.

Sabra Health Care REIT (SBRA) Operating Expenses (2011 - 2026) Analysis & Trends

Sabra Health Care REIT's Operating Expenses history runs 16 years deep, the most recent figure standing at $3.8 million for Q1 2026.

  • On a quarterly basis, Operating Expenses rose 8.45% year-over-year to $3.8 million in Q1 2026; TTM through Mar 2026 was $310.6 million, a 357.43% increase from a year earlier, with the FY2025 full-year figure at $256.6 million, up 22.19% from the prior year.
  • Operating Expenses eased to $3.8 million in Q1 2026 per SBRA's latest filing, from $245.7 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $245.7 million in Q4 2025 and bottomed at -$114.2 million in Q4 2023.
  • The 5-year median for Operating Expenses is $33.1 million (2022), against an average of $41.2 million.
  • Across the five-year window, Operating Expenses plunged 151.76% in 2023 and jumped 1205.23% in 2025, its largest moves.
  • Year by year, Operating Expenses stood at $220.6 million in 2022, then sank by 151.76% to -$114.2 million in 2023, then soared by 148.83% to $55.8 million in 2024, then soared by 340.72% to $245.7 million in 2025, then tumbled by 98.46% to $3.8 million in 2026.
  • Per Business Quant, the three latest SBRA Operating Expenses figures stand at $3.8 million (Q1 2026), $245.7 million (Q4 2025), and $3.7 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Welltower 172.91 Bn 168.34 Bn 1.30 Bn 3.01 Bn
2 Ventas 46.62 Bn 46.50 Bn 1.65 Bn 1.62 Bn
3 Healthpeak Properties 15.34 Bn 16.55 Bn - 323.86 Mn
4 Omega Healthcare Investors 15.14 Bn 15.41 Bn - 167.14 Mn
5 American Healthcare REIT 10.71 Bn 10.59 Bn 97.60 Mn 611.91 Mn
6 CareTrust REIT 9.45 Bn 9.46 Bn - 3.11 Mn
7 Healthcare Realty Trust 7.33 Bn 7.33 Bn - 247.32 Mn
8 Sabra Health Care REIT 5.09 Bn 5.09 Bn - 3.77 Mn
9 Diversified Healthcare Trust 4.51 Bn 4.39 Bn 295.29 Mn 371.20 Mn
10 National Health Investors 3.86 Bn 3.87 Bn - 78.03 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 3.77 Mn
Dec 31, 2025 245.73 Mn
Sep 30, 2025 3.71 Mn
Jun 30, 2025 57.40 Mn
Mar 31, 2025 3.48 Mn
Dec 31, 2024 55.76 Mn
Sep 30, 2024 4.27 Mn
Jun 30, 2024 4.40 Mn
Mar 31, 2024 49.67 Mn
Dec 31, 2023 -114.19 Mn
Sep 30, 2023 44.52 Mn
Jun 30, 2023 4.77 Mn
Mar 31, 2023 43.64 Mn
Dec 31, 2022 220.63 Mn
Sep 30, 2022 5.12 Mn
Jun 30, 2022 34.03 Mn
Mar 31, 2022 33.10 Mn
Dec 31, 2021 176.59 Mn
Sep 30, 2021 5.08 Mn
Jun 30, 2021 28.90 Mn