Seritage Growth Properties (SRG-PA) Operating Expenses (2016 - 2026)

Seritage Growth Properties' Operating Expenses history runs 11 years deep, the most recent figure standing at $7.5 million for Q1 2026.

• In Q1 2026, Operating Expenses fell 65.39% year-over-year to $7.5 million; the TTM figure through Mar 2026 stood at $40.5 million (down 43.12% YoY), while the FY2025 annual figure was $54.7 million, down 20.93% from the prior year.
• Operating Expenses was $7.5 million for Q1 2026 at Seritage Growth Properties, down from $10.0 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $74.0 million in Q2 2022 to a low of $7.5 million in Q1 2026.
• Historically, Operating Expenses has averaged $24.1 million across 5 years, with a median of $21.6 million in 2023.
• The sharpest annual moves came in 2022 and 2023: Operating Expenses surged 62.02% in 2022, then plunged 70.78% in 2023.
• A 5-year view of Operating Expenses shows it stood at $39.1 million in 2022, then slumped by 41.1% to $23.0 million in 2023, then tumbled by 40.9% to $13.6 million in 2024, then retreated by 26.2% to $10.0 million in 2025, then retreated by 25.5% to $7.5 million in 2026.
• The last three Operating Expenses figures came in at $7.5 million (Q1 2026), $10.0 million (Q4 2025), and $10.9 million (Q3 2025), per Business Quant data.