Stratus Properties (STRS) Operating Expenses (2010 - 2026)
Stratus Properties (STRS) reported Operating Expenses of -$11.61 million for Q1 2026, compared with $8.64 million a year earlier.
Powered by 
Analysis
Stratus Properties (STRS) Operating Expenses (2010 - 2026) Analysis & Trends
Over the twelve months ended Mar 31, 2026, Stratus Properties' Operating Expenses came in at -$1.13 million; for FY2025, it came in at $19.12 million, down 66.1% from FY2024.
- Operating Expenses has a five-year compound annual growth rate of -17.8% (FY2020 to FY2025).
- By year, Operating Expenses came in at $56.34 million in FY2024 (+64.7%), $34.22 million in FY2023 (-24.4%), $45.26 million in FY2022 and -$55.42 million in FY2021.
- Five-year quarterly Operating Expenses spans a low of -$68.02 million in Q4 2021 and a high of $22.82 million in Q1 2024.
- Year over year, Operating Expenses gained in five of the last six quarters, with growth averaging 19.6%.
- The high point for year-over-year Operating Expenses in five years was Q1 2023 (growth of 622.1%); the low point was Q4 2023 (a decline of 65.7%).
- Per Business Quant data, the three quarters before Q1 2026 came in at -$14.94 million (Q4 2025), $13.06 million (Q3 2025) and $12.36 million (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 22.47 Bn | 21.30 Bn | - | 54.24 Mn |
| 2 | Eason Technology | 6.75 Bn | 6.75 Bn | - | - |
| 3 | LandBridge | 6.25 Bn | 6.60 Bn | 65.71 Mn | 15.90 Mn |
| 4 | Millrose Properties | 4.01 Bn | 4.01 Bn | - | 29.22 Mn |
| 5 | St Joe | 3.75 Bn | 3.25 Bn | 73.42 Mn | 104.06 Mn |
| 6 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.85 Bn | 2.85 Bn | - | -8.70 Mn |
| 7 | Opendoor Technologies | 2.30 Bn | -1.52 Bn | 86.00 Mn | 230.00 Mn |
| 8 | Forestar | 1.31 Bn | -34.86 Mn | 84.10 Mn | 38.30 Mn |
| 9 | Five Point Holdings | 693.74 Mn | 722.51 Mn | -23.72 Mn | 21.49 Mn |
| 10 | Stratus Properties | 148.96 Mn | 287.67 Mn | -1.91 Mn | -11.61 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -11.61 Mn |
| Dec 31, 2025 | -14.94 Mn |
| Sep 30, 2025 | 13.06 Mn |
| Jun 30, 2025 | 12.36 Mn |
| Mar 31, 2025 | 8.64 Mn |
| Dec 31, 2024 | 11.70 Mn |
| Sep 30, 2024 | 10.41 Mn |
| Jun 30, 2024 | 11.41 Mn |
| Mar 31, 2024 | 22.82 Mn |
| Dec 31, 2023 | 6.94 Mn |
| Sep 30, 2023 | 7.00 Mn |
| Jun 30, 2023 | 8.88 Mn |
| Mar 31, 2023 | 11.40 Mn |
| Dec 31, 2022 | 20.25 Mn |
| Sep 30, 2022 | 12.81 Mn |
| Jun 30, 2022 | 10.63 Mn |
| Mar 31, 2022 | 1.58 Mn |
| Dec 31, 2021 | -68.02 Mn |
| Sep 30, 2021 | 11.70 Mn |
| Jun 30, 2021 | 11.51 Mn |
API Access
Stratus Properties Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=STRS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "STRS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=STRS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();