Tanger (SKT) Operating Expenses (2009 - 2026)
Tanger (SKT) posted quarterly Operating Expenses of $107.2 million for Q1 2026, up 4.86% year-over-year from $102.2 million in Q1 2025, and up 188.42% quarter-over-quarter from -$121.2 million in Q4 2025.
Tanger (SKT) Operating Expenses (2009 - 2026) Analysis & Trends
Tanger (SKT) has reported Operating Expenses for 18 consecutive years, with $107.2 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 4.86% year-over-year to $107.2 million; the TTM figure through Mar 2026 stood at $70.1 million (up 43.55% YoY), while the FY2025 annual figure was $176.5 million, up 397.54% from the prior year.
- Operating Expenses climbed to $107.2 million in Q1 2026 per SKT's latest filing, from -$121.2 million in the prior quarter.
- Across five years, Operating Expenses topped out at $107.2 million in Q1 2026 and bottomed at -$237.7 million in Q4 2024.
- Historically, Operating Expenses has averaged $22.5 million across 5 years, with a median of $43.8 million in 2025.
- On a YoY basis, Operating Expenses climbed as much as 167.93% in 2024 and fell as far as 247.5% in 2024.
- Tanger's Operating Expenses stood at -$99.5 million in 2022, then jumped by 31.27% to -$68.4 million in 2023, then slumped by 247.5% to -$237.7 million in 2024, then jumped by 49.01% to -$121.2 million in 2025, then jumped by 188.42% to $107.2 million in 2026.
- Business Quant data shows SKT's Operating Expenses at $107.2 million in Q1 2026, -$121.2 million in Q4 2025, and $43.8 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Simon Property | 72.57 Bn | 72.57 Bn | 1.76 Bn | 900.79 Mn |
| 2 | Realty Income | 57.91 Bn | 57.91 Bn | - | 1.19 Bn |
| 3 | Kimco Realty | 16.13 Bn | 16.13 Bn | 455.67 Mn | 356.02 Mn |
| 4 | Federal Realty Investment Trust | 10.07 Bn | 10.07 Bn | 271.22 Mn | 217.66 Mn |
| 5 | Agree Realty | 8.87 Bn | 8.86 Bn | - | 112.31 Mn |
| 6 | Nnn Reit | 8.69 Bn | 8.69 Bn | - | 102.00 Mn |
| 7 | Macerich | 6.68 Bn | 6.68 Bn | 171.77 Mn | 277.43 Mn |
| 8 | Essential Properties Realty Trust | 6.54 Bn | 6.54 Bn | - | 62.12 Mn |
| 9 | Kite Realty Group Trust | 5.30 Bn | 5.30 Bn | - | 150.10 Mn |
| 10 | Tanger | 4.43 Bn | 4.43 Bn | - | 107.17 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 107.17 Mn |
| Dec 31, 2025 | -121.21 Mn |
| Sep 30, 2025 | 43.81 Mn |
| Jun 30, 2025 | 40.37 Mn |
| Mar 31, 2025 | 102.21 Mn |
| Dec 31, 2024 | -237.71 Mn |
| Sep 30, 2024 | 93.84 Mn |
| Jun 30, 2024 | 90.54 Mn |
| Mar 31, 2024 | 88.82 Mn |
| Dec 31, 2023 | -68.41 Mn |
| Sep 30, 2023 | 81.07 Mn |
| Jun 30, 2023 | 77.41 Mn |
| Mar 31, 2023 | 33.15 Mn |
| Dec 31, 2022 | -99.53 Mn |
| Sep 30, 2022 | 36.08 Mn |
| Jun 30, 2022 | 78.25 Mn |
| Mar 31, 2022 | 36.76 Mn |
| Dec 31, 2021 | -175.55 Mn |
| Sep 30, 2021 | 37.19 Mn |
| Jun 30, 2021 | 31.25 Mn |