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.
Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Simon Property | 68.92 Bn | 68.92 Bn | 1.76 Bn | 900.79 Mn |
| 2 | Realty Income | 57.57 Bn | 57.57 Bn | - | 1.19 Bn |
| 3 | Kimco Realty | 16.09 Bn | 16.09 Bn | 455.67 Mn | 356.02 Mn |
| 4 | Federal Realty Investment Trust | 10.10 Bn | 10.10 Bn | 271.22 Mn | 217.66 Mn |
| 5 | Agree Realty | 8.73 Bn | 8.72 Bn | - | 112.31 Mn |
| 6 | Nnn Reit | 8.59 Bn | 8.59 Bn | - | 102.00 Mn |
| 7 | Essential Properties Realty Trust | 6.46 Bn | 6.46 Bn | - | 62.12 Mn |
| 8 | Macerich | 6.35 Bn | 6.35 Bn | 171.77 Mn | 277.43 Mn |
| 9 | Kite Realty Group Trust | 5.29 Bn | 5.29 Bn | - | 150.10 Mn |
| 10 | SITE Centers | 151.39 Mn | 151.39 Mn | - | 19.07 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.07 Mn |
| Mar 31, 2026 | 36.30 Mn |
| Dec 31, 2025 | 34.26 Mn |
| Sep 30, 2025 | 137.03 Mn |
| Jun 30, 2025 | 33.49 Mn |
| Mar 31, 2025 | 34.50 Mn |
| Dec 31, 2024 | 34.92 Mn |
| Sep 30, 2024 | 59.80 Mn |
| Jun 30, 2024 | 73.12 Mn |
| Mar 31, 2024 | 142.85 Mn |
| Dec 31, 2023 | 46.31 Mn |
| Sep 30, 2023 | 105.61 Mn |
| Jun 30, 2023 | 115.48 Mn |
| Mar 31, 2023 | 107.88 Mn |
| Dec 31, 2022 | 63.46 Mn |
| Sep 30, 2022 | 104.72 Mn |
| Jun 30, 2022 | 107.81 Mn |
| Mar 31, 2022 | 104.73 Mn |
| Dec 31, 2021 | 98.06 Mn |
| Sep 30, 2021 | 94.12 Mn |