Presidio Property Trust (SQFTP) Rent Expense (2018 - 2026)
Presidio Property Trust (SQFTP) reported Rent Expense of $1.5 million for Q1 2026, down 4.23% on a YoY basis from $1.6 million in Q1 2025, and little changed quarter-over-quarter from $1.5 million in Q4 2025.
Presidio Property Trust (SQFTP) Rent Expense (2018 - 2026) Analysis & Trends
Presidio Property Trust has reported Rent Expense for 9 years, with the latest figure at $1.5 million in Q1 2026.
- For the quarter ending Q1 2026, Rent Expense fell 4.23% year-over-year to $1.5 million; the trailing twelve-month figure through Mar 2026 stood at $6.1 million (down 3.41% YoY), and the FY2025 full-year result was $6.2 million, down 1.57% from the prior year.
- Rent Expense for Q1 2026 stood at $1.5 million, roughly flat from $1.5 million in the prior quarter.
- The five-year high for Rent Expense was $1.6 million in Q1 2025, with the low at $1.3 million in Q2 2022.
- Historically, Rent Expense has averaged $1.5 million across 5 years, with a median of $1.5 million in 2025.
- Annual changes were most pronounced in 2022 — Rent Expense slipped 13.89% — and 2024, when it grew 8.09%.
- Presidio Property Trust's Rent Expense 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 | 29.90 Bn | 29.42 Bn | 1.01 Bn | - |
| 2 | Broadstone Net Lease | 4.01 Bn | 4.11 Bn | - | - |
| 3 | American Assets Trust | 1.48 Bn | 1.42 Bn | - | - |
| 4 | Safehold | 1.14 Bn | 1.15 Bn | 109.54 Mn | - |
| 5 | Empire State Realty Trust | 973.69 Mn | 1.70 Bn | - | - |
| 6 | JBG SMITH Properties | 887.28 Mn | 1.38 Bn | - | - |
| 7 | CTO Realty Growth | 676.07 Mn | 676.07 Mn | 31.01 Mn | - |
| 8 | Gladstone Commercial | 618.88 Mn | 788.92 Mn | - | - |
| 9 | AH Realty Trust | 547.30 Mn | 729.64 Mn | - | - |
| 10 | Presidio Property Trust | - | - | - | 1.54 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2023 | 1.51 Mn |
| Dec 31, 2023 | 1.51 Mn |