Seritage Growth Properties (SRG) 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.

• On a quarterly basis, Operating Expenses fell 65.39% year-over-year to $7.5 million in Q1 2026; TTM through Mar 2026 was $40.5 million, a 43.12% decrease from a year earlier, with the FY2025 full-year figure at $54.7 million, down 20.93% from the prior year.
• Operating Expenses fell to $7.5 million in Q1 2026 per SRG's latest filing, from $10.0 million in the prior quarter.
• Across five years, Operating Expenses topped out at $74.0 million in Q2 2022 and bottomed at $7.5 million in Q1 2026.
• The 5-year median for Operating Expenses is $21.6 million (2023), against an average of $24.1 million.
• Across the five-year window, Operating Expenses jumped 62.02% in 2022 and plunged 70.78% in 2023, its largest moves.
• Year by year, Operating Expenses stood at $39.1 million in 2022, then plunged by 41.1% to $23.0 million in 2023, then sank 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.
• Per Business Quant, the three latest SRG Operating Expenses figures stand at $7.5 million (Q1 2026), $10.0 million (Q4 2025), and $10.9 million (Q3 2025).