SITE Centers (SITC) Operating Expenses (2009 - 2026)

SITE Centers (SITC) posted quarterly Operating Expenses of $3.3 million for Q1 2026, down 90.46% year-over-year from $34.5 million in Q1 2025, and down 98.5% quarter-over-quarter from $220.2 million in Q4 2025.

SITE Centers (SITC) Operating Expenses (2009 - 2026) Analysis & Trends

SITE Centers (SITC) has reported Operating Expenses for 18 consecutive years, with $3.3 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Operating Expenses fell 90.46% year-over-year to $3.3 million; the TTM figure through Mar 2026 stood at $262.5 million (up 529.56% YoY), while the FY2025 annual figure was $239.3 million, up 406.43% from the prior year.
  • Operating Expenses declined to $3.3 million in Q1 2026 per SITC's latest filing, from $220.2 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $314.2 million in Q4 2022 and bottomed at -$228.5 million in Q4 2024.
  • Historically, Operating Expenses has averaged $46.8 million across 5 years, with a median of $22.5 million in 2023.
  • Annual changes were most pronounced in 2023 — Operating Expenses surged 391.79% — and 2024, when it sank 593.44%.
  • SITE Centers' Operating Expenses stood at $314.2 million in 2022, then sank by 85.26% to $46.3 million in 2023, then tumbled by 593.44% to -$228.5 million in 2024, then jumped by 196.35% to $220.2 million in 2025, then tumbled by 98.5% to $3.3 million in 2026.
  • Business Quant data shows SITC's Operating Expenses at $3.3 million in Q1 2026, $220.2 million in Q4 2025, and $5.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Simon Property 72.62 Bn 72.62 Bn 1.76 Bn 900.79 Mn
2 Realty Income 57.85 Bn 57.85 Bn - 1.19 Bn
3 Kimco Realty 16.14 Bn 16.14 Bn 455.67 Mn 356.02 Mn
4 Federal Realty Investment Trust 10.05 Bn 10.05 Bn 271.22 Mn 217.66 Mn
5 Agree Realty 8.86 Bn 8.85 Bn - 112.31 Mn
6 Nnn Reit 8.69 Bn 8.69 Bn - 102.00 Mn
7 Macerich 6.67 Bn 6.67 Bn 171.77 Mn 277.43 Mn
8 Essential Properties Realty Trust 6.53 Bn 6.53 Bn - 62.12 Mn
9 Kite Realty Group Trust 5.31 Bn 5.31 Bn - 150.10 Mn
10 SITE Centers 157.43 Mn 157.43 Mn - 19.07 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 19.07 Mn
Mar 31, 2026 3.29 Mn
Dec 31, 2025 220.18 Mn
Sep 30, 2025 5.51 Mn
Jun 30, 2025 33.49 Mn
Mar 31, 2025 34.50 Mn
Dec 31, 2024 -228.52 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 20.99 Mn
Jun 30, 2023 22.48 Mn
Mar 31, 2023 107.88 Mn
Dec 31, 2022 314.19 Mn
Sep 30, 2022 22.31 Mn
Jun 30, 2022 22.28 Mn
Mar 31, 2022 21.94 Mn
Dec 31, 2021 98.06 Mn
Sep 30, 2021 18.56 Mn