Stratus Properties (STRS) Operating Expenses (2010 - 2026)
Stratus Properties' (STRS) quarterly Operating Expenses came in at -$11.6 million in Q1 2026, down 234.42% year-over-year from $8.6 million in Q1 2025, and up 22.28% quarter-over-quarter from -$14.9 million in Q4 2025.
Analysis
Stratus Properties (STRS) Operating Expenses (2010 - 2026) Analysis & Trends
Stratus Properties has disclosed Operating Expenses across 17 years of filings, most recently posting -$11.6 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 234.42% year-over-year to -$11.6 million; the TTM figure through Mar 2026 stood at -$1.1 million (down 102.67% YoY), while the FY2025 annual figure was $19.1 million, down 66.05% from the prior year.
- Operating Expenses came in at -$11.6 million for Q1 2026 at Stratus Properties, up from -$14.9 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $22.8 million in Q1 2024 to a low of -$14.9 million in Q4 2025.
- Average Operating Expenses over 5 years is $8.4 million, with a median of $10.6 million recorded in 2022.
- Year-over-year, Operating Expenses jumped 622.12% in 2023 and slumped 234.42% in 2026.
- Over 5 years, Operating Expenses stood at $20.2 million in 2022, then plunged by 65.72% to $6.9 million in 2023, then soared by 68.51% to $11.7 million in 2024, then sank by 227.74% to -$14.9 million in 2025, then advanced by 22.28% to -$11.6 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were -$11.6 million in Q1 2026, -$14.9 million in Q4 2025, and $13.1 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Millrose Properties | 4.89 Bn | 4.89 Bn | - | 29.22 Mn |
| 2 | St Joe | 3.64 Bn | 3.53 Bn | 73.42 Mn | 104.06 Mn |
| 3 | Forestar | 1.35 Bn | 951.22 Mn | 84.10 Mn | 38.30 Mn |
| 4 | Five Point Holdings | 737.47 Mn | 388.09 Mn | -23.72 Mn | 21.49 Mn |
| 5 | Tejon Ranch | 433.29 Mn | 418.23 Mn | - | 13.91 Mn |
| 6 | Maui Land & Pineapple | 321.58 Mn | 321.58 Mn | 2.37 Mn | 5.49 Mn |
| 7 | Stratus Properties | 149.69 Mn | 149.69 Mn | -1.91 Mn | -11.61 Mn |
| 8 | Global Asset Management | 90.87 Mn | 90.80 Mn | 3,274.00 | 399,824.00 |
| 9 | Kaanapali Land | 57.36 Mn | 19.41 Mn | -406,000.00 | 232,000.00 |
| 10 | Alset | 44.54 Mn | 24.80 Mn | 83,877.00 | 2.78 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 |