Tanger SKT
NYSE SKT
$37.70 -0.34 (-0.89%)
At close: Sep 2, 2026 · 4:02 PM EDT

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.

Analysis

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.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Simon Property 68.54 Bn 68.54 Bn 1.76 Bn 900.79 Mn
2 Realty Income 57.28 Bn 57.28 Bn - 1.19 Bn
3 Kimco Realty 16.14 Bn 16.14 Bn 455.67 Mn 356.02 Mn
4 Federal Realty Investment Trust 10.18 Bn 10.18 Bn 271.22 Mn 217.66 Mn
5 Agree Realty 8.71 Bn 8.70 Bn - 112.31 Mn
6 Nnn Reit 8.55 Bn 8.55 Bn - 102.00 Mn
7 Essential Properties Realty Trust 6.48 Bn 6.48 Bn - 62.12 Mn
8 Macerich 6.41 Bn 6.41 Bn 171.77 Mn 277.43 Mn
9 Kite Realty Group Trust 5.30 Bn 5.30 Bn - 150.10 Mn
10 Tanger 4.31 Bn 4.31 Bn - 107.94 Mn
Historic Data

Historic Data

Download Data
DateValue
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