Tanger (SKT) Operating Expenses (2009 - 2026)

Tanger (SKT) reported Operating Expenses of $46.7 million for Q1 2026, up 11.75% year-over-year from $41.8 million in Q1 2025, and up 117.92% quarter-over-quarter from -$260.8 million in Q4 2025.

Tanger (SKT) Operating Expenses (2009 - 2026) Analysis & Trends

Tanger (SKT) has 18 years of Operating Expenses data on file, last reported at $46.7 million in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $46.7 million, up 11.75% year-over-year; the trailing twelve-month figure through Mar 2026 was -$74.3 million (down 134.06% YoY), and the FY2025 annual result was $36.9 million, down 76.74% from the prior year.
  • Operating Expenses climbed to $46.7 million in Q1 2026 per SKT's latest filing, from -$260.8 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $96.0 million in Q2 2025 and troughed at -$260.8 million in Q4 2025.
  • A 5-year average of $17.3 million and a median of $43.8 million in 2025 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2024 and 2025: Operating Expenses jumped 150.86% in 2024, then slumped 673.56% in 2025.
  • A 5-year view of Operating Expenses shows it stood at -$179.3 million in 2022, then jumped by 50.14% to -$89.4 million in 2023, then jumped by 150.86% to $45.5 million in 2024, then tumbled by 673.56% to -$260.8 million in 2025, then soared by 117.92% to $46.7 million in 2026.
  • Business Quant data shows SKT's Operating Expenses at $46.7 million in Q1 2026, -$260.8 million in Q4 2025, and $43.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Simon Property 67.46 Bn 67.84 Bn 1.76 Bn 900.79 Mn
2 Realty Income 55.47 Bn 56.16 Bn - 1.24 Bn
3 Kimco Realty 16.36 Bn 16.39 Bn 447.43 Mn 364.31 Mn
4 Regency Centers 14.49 Bn 14.61 Bn - 73.30 Mn
5 Federal Realty Investment Trust 10.47 Bn 10.54 Bn 265.49 Mn 220.41 Mn
6 Agree Realty 8.78 Bn 8.76 Bn - 104.48 Mn
7 Nnn Reit 8.52 Bn 8.52 Bn - 105.96 Mn
8 Essential Properties Realty Trust 6.32 Bn 6.32 Bn - 74.46 Mn
9 Kite Realty Group Trust 6.09 Bn 6.20 Bn - 28.87 Mn
10 Tanger 4.23 Bn 4.26 Bn - 46.73 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 46.73 Mn
Dec 31, 2025 -260.79 Mn
Sep 30, 2025 43.81 Mn
Jun 30, 2025 95.97 Mn
Mar 31, 2025 41.82 Mn
Dec 31, 2024 45.47 Mn
Sep 30, 2024 40.25 Mn
Jun 30, 2024 90.54 Mn
Mar 31, 2024 35.47 Mn
Dec 31, 2023 -89.40 Mn
Sep 30, 2023 36.76 Mn
Jun 30, 2023 77.41 Mn
Mar 31, 2023 76.48 Mn
Dec 31, 2022 -179.30 Mn
Sep 30, 2022 36.08 Mn
Jun 30, 2022 78.25 Mn
Mar 31, 2022 78.47 Mn
Dec 31, 2021 219.80 Mn
Sep 30, 2021 78.95 Mn
Jun 30, 2021 74.68 Mn