Presidio Property Trust (SQFT) Rent Expense (2018 - 2026)
Presidio Property Trust's (SQFT) quarterly Rent Expense came in at $1.5 million in Q1 2026, down 4.23% YoY from $1.6 million in Q1 2025, and little changed on a QoQ basis from $1.5 million in Q4 2025.
Presidio Property Trust (SQFT) Rent Expense (2018 - 2026) Analysis & Trends
Presidio Property Trust (SQFT) has 9 years of Rent Expense data on file, last reported at $1.5 million in Q1 2026.
- Quarterly Rent Expense fell 4.23% year-over-year to $1.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $6.1 million (down 3.41% YoY) and the FY2025 annual result came in at $6.2 million, down 1.57% from the prior year.
- Rent Expense steadied at $1.5 million in Q1 2026, from $1.5 million in the prior quarter.
- In the past five years, Rent Expense ranged from a high of $1.6 million in Q1 2025 to a low of $1.3 million in Q2 2022.
- A 5-year average of $1.5 million and a median of $1.5 million in 2025 frame the typical range for Rent Expense.
- Annual changes were most pronounced in 2022 — Rent Expense slipped 13.89% — and 2024, when it grew 8.09%.
- Tracing SQFT's Rent Expense over 5 years: stood at $1.5 million in 2022, then grew by 2.35% to $1.5 million in 2023, then advanced by 6.07% to $1.6 million in 2024, then slipped by 3.36% to $1.5 million in 2025, then slipped by 0.25% to $1.5 million in 2026.
- The last three Rent Expense figures came in at $1.5 million (Q1 2026), $1.5 million (Q4 2025), and $1.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 28.97 Bn | 28.54 Bn | 1.05 Bn | - |
| 2 | W. P. Carey | 16.11 Bn | 16.11 Bn | 441.59 Mn | 15.21 Mn |
| 3 | Broadstone Net Lease | 4.02 Bn | 4.01 Bn | - | - |
| 4 | Global Net Lease | 1.92 Bn | 1.77 Bn | - | - |
| 5 | American Assets Trust | 1.38 Bn | 1.38 Bn | - | - |
| 6 | Safehold | 1.10 Bn | -2.59 Bn | 113.88 Mn | - |
| 7 | Cim | 1.05 Bn | 2.41 Bn | - | - |
| 8 | Empire State Realty Trust | 821.84 Mn | 821.84 Mn | - | - |
| 9 | CTO Realty Growth | 766.25 Mn | 766.25 Mn | 32.71 Mn | - |
| 10 | Presidio Property Trust | 2.05 Mn | 2.05 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.26 Mn |
| Jun 30, 2026 | 1.26 Mn |
| Mar 31, 2026 | 1.54 Mn |
| Mar 31, 2026 | 1.54 Mn |
| Dec 31, 2025 | 1.55 Mn |
| Dec 31, 2025 | 1.55 Mn |
| Sep 30, 2025 | 1.53 Mn |
| Sep 30, 2025 | 1.53 Mn |
| Jun 30, 2025 | 1.46 Mn |
| Jun 30, 2025 | 1.46 Mn |
| Mar 31, 2025 | 1.61 Mn |
| Mar 31, 2025 | 1.61 Mn |
| Dec 31, 2024 | 1.60 Mn |
| Dec 31, 2024 | 1.60 Mn |
| Sep 30, 2024 | 1.60 Mn |
| Sep 30, 2024 | 1.60 Mn |
| Jun 30, 2024 | 1.49 Mn |
| Jun 30, 2024 | 1.49 Mn |
| Mar 31, 2024 | 1.56 Mn |
| Mar 31, 2024 | 1.56 Mn |