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