Tanger (SKT) Operating Expenses (2009 - 2026)
Tanger's Operating Expenses came in at $107.94 million for Q2 2026, up 12.5% from $95.97 million a year earlier and up 0.7% from the prior quarter.
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Analysis
Tanger (SKT) Operating Expenses (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Tanger reported Operating Expenses of $427.38 million, up 8.4% year-over-year; for FY2025, it came in at $410.45 million, up 9.3% from FY2024.
- Operating Expenses has increased in each of the last four years, with a five-year compound annual growth rate of 2.1% (FY2020 to FY2025).
- Going back by year, Operating Expenses was $375.44 million in FY2024 (+13.6%), $330.57 million in FY2023 (+1.0%), $327.37 million in FY2022 (+1.2%) and $323.55 million in FY2021 (-12.4%).
- The five-year range for quarterly Operating Expenses is $76.48 million (Q1 2023) to $112.74 million (Q4 2025).
- Year-over-year, Operating Expenses has increased for 12 consecutive quarters, with growth averaging 9.7% over the last eight quarters.
- The fastest year-over-year change in Operating Expenses over five years came in Q2 2024 (growth of 17.0%), and the weakest in Q4 2021 (a decline of 8.8%).
- Business Quant data shows SKT's Operating Expenses at $107.17 million (Q1 2026), $112.74 million (Q4 2025) and $99.53 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 167.90 Bn | 150.42 Bn | 1.39 Bn | 3.22 Bn |
| 2 | Prologis | 123.74 Bn | 128.13 Bn | - | 1.47 Bn |
| 3 | Simon Property | 66.68 Bn | 67.94 Bn | - | 900.79 Mn |
| 4 | Realty Income | 52.20 Bn | 54.59 Bn | - | 1.19 Bn |
| 5 | Public Storage | 50.15 Bn | 49.24 Bn | - | 766.20 Mn |
| 6 | Ventas | 44.59 Bn | 43.78 Bn | - | 1.68 Bn |
| 7 | Extra Space Storage | 28.21 Bn | 28.21 Bn | 642.43 Mn | 481.97 Mn |
| 8 | Vici Properties | 25.53 Bn | 23.65 Bn | 1.05 Bn | 315.61 Mn |
| 9 | Vivmark Residential | 23.00 Bn | 23.19 Bn | - | 566.18 Mn |
| 10 | Tanger | 4.01 Bn | 4.03 Bn | - | 107.94 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 107.94 Mn |
| Mar 31, 2026 | 107.17 Mn |
| Dec 31, 2025 | 112.74 Mn |
| Sep 30, 2025 | 99.53 Mn |
| Jun 30, 2025 | 95.97 Mn |
| Mar 31, 2025 | 102.21 Mn |
| Dec 31, 2024 | 102.25 Mn |
| Sep 30, 2024 | 93.84 Mn |
| Jun 30, 2024 | 90.54 Mn |
| Mar 31, 2024 | 88.82 Mn |
| Dec 31, 2023 | 95.62 Mn |
| Sep 30, 2023 | 81.07 Mn |
| Jun 30, 2023 | 77.41 Mn |
| Mar 31, 2023 | 76.48 Mn |
| Dec 31, 2022 | 91.77 Mn |
| Sep 30, 2022 | 78.89 Mn |
| Jun 30, 2022 | 78.25 Mn |
| Mar 31, 2022 | 78.47 Mn |
| Dec 31, 2021 | 89.67 Mn |
| Sep 30, 2021 | 78.95 Mn |
API Access
Tanger Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=SKT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "SKT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=SKT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();