SITE Centers (SITC) Operating Expenses (2009 - 2026)
SITE Centers (SITC) reported Operating Expenses of $3.3 million for Q1 2026, down 53.83% year-over-year from $7.1 million in Q1 2025, and up 101.83% quarter-over-quarter from -$180.4 million in Q4 2025.
SITE Centers (SITC) Operating Expenses (2009 - 2026) Analysis & Trends
SITE Centers (SITC) has 18 years of Operating Expenses data on file, last reported at $3.3 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $3.3 million, down 53.83% year-over-year; the trailing twelve-month figure through Mar 2026 was -$33.6 million (down 108.17% YoY), and the FY2025 annual result was $24.6 million, down 92.07% from the prior year.
- Operating Expenses improved to $3.3 million in Q1 2026 per SITC's latest filing, from -$180.4 million in the prior quarter.
- Over five years, Operating Expenses peaked at $271.2 million in Q4 2024 and troughed at -$180.4 million in Q4 2025.
- A 5-year average of $52.2 million and a median of $46.3 million in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses jumped 485.5% in 2024, then slumped 166.52% in 2025.
- A 5-year view of Operating Expenses shows it stood at $63.5 million in 2022, then slipped by 27.02% to $46.3 million in 2023, then jumped by 485.5% to $271.2 million in 2024, then tumbled by 166.52% to -$180.4 million in 2025, then jumped by 101.83% to $3.3 million in 2026.
- Business Quant data shows SITC's Operating Expenses at $3.3 million in Q1 2026, -$180.4 million in Q4 2025, and $137.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Simon Property | 67.46 Bn | 67.84 Bn | 1.76 Bn | 900.79 Mn |
| 2 | Realty Income | 55.47 Bn | 56.16 Bn | - | 1.24 Bn |
| 3 | Kimco Realty | 16.36 Bn | 16.39 Bn | 447.43 Mn | 364.31 Mn |
| 4 | Regency Centers | 14.49 Bn | 14.61 Bn | - | 73.30 Mn |
| 5 | Federal Realty Investment Trust | 10.47 Bn | 10.54 Bn | 265.49 Mn | 220.41 Mn |
| 6 | Agree Realty | 8.78 Bn | 8.76 Bn | - | 104.48 Mn |
| 7 | Nnn Reit | 8.52 Bn | 8.52 Bn | - | 105.96 Mn |
| 8 | Essential Properties Realty Trust | 6.32 Bn | 6.32 Bn | - | 74.46 Mn |
| 9 | Kite Realty Group Trust | 6.09 Bn | 6.20 Bn | - | 28.87 Mn |
| 10 | SITE Centers | 261.29 Mn | 261.29 Mn | - | 3.29 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.29 Mn |
| Dec 31, 2025 | -180.38 Mn |
| Sep 30, 2025 | 137.03 Mn |
| Jun 30, 2025 | 6.46 Mn |
| Mar 31, 2025 | 7.13 Mn |
| Dec 31, 2024 | 271.16 Mn |
| Sep 30, 2024 | 59.80 Mn |
| Jun 30, 2024 | 73.12 Mn |
| Mar 31, 2024 | 15.04 Mn |
| Dec 31, 2023 | 46.31 Mn |
| Sep 30, 2023 | 105.61 Mn |
| Jun 30, 2023 | 22.48 Mn |
| Mar 31, 2023 | 107.88 Mn |
| Dec 31, 2022 | 63.46 Mn |
| Sep 30, 2022 | 104.72 Mn |
| Jun 30, 2022 | 22.28 Mn |
| Mar 31, 2022 | 21.94 Mn |
| Dec 31, 2021 | 18.52 Mn |
| Sep 30, 2021 | 18.56 Mn |
| Jun 30, 2021 | 19.42 Mn |