Simon Property (SPG) Operating Expenses (2009 - 2025)

Simon Property (SPG) has 17 years of Operating Expenses data on file, last reported at $900.8 million in Q4 2025.

• Operating Expenses for Q4 2025 came in at $900.8 million, up 20.67% year-over-year; the trailing twelve-month figure through Dec 2025 was $3.2 billion (up 11.08% YoY), and the FY2025 annual result was $3.2 billion, up 11.08% from the prior year.
• Operating Expenses climbed to $900.8 million in Q4 2025 per SPG's latest filing, from $788.7 million in the prior quarter.
• Over five years, Operating Expenses peaked at $900.8 million in Q4 2025 and troughed at $635.3 million in Q1 2021.
• A 5-year average of $716.2 million and a median of $712.3 million in 2023 frame the typical range for Operating Expenses.
• The sharpest annual moves came in 2021 and 2025: Operating Expenses slipped 9.04% in 2021, then grew 20.67% in 2025.
• A 5-year view of Operating Expenses shows it stood at $734.6 million in 2021, then dropped by 2.57% to $715.7 million in 2022, then grew by 2.74% to $735.3 million in 2023, then rose by 1.52% to $746.5 million in 2024, then climbed by 20.67% to $900.8 million in 2025.
• Business Quant data shows SPG's Operating Expenses at $900.8 million in Q4 2025, $788.7 million in Q3 2025, and $754.3 million in Q2 2025.