Starwood Real Estate Income Trust (SWDR) Operating Expenses (2018 - 2026)

Starwood Real Estate Income Trust (SWDR) has 9 years of Operating Expenses data on file, last reported at $368.4 million in Q1 2026.

• Operating Expenses for Q1 2026 came in at $368.4 million, down 2.11% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.5 billion (down 12.78% YoY), and the FY2025 annual result was $1.5 billion, down 14.02% from the prior year.
• Operating Expenses eased to $368.4 million in Q1 2026 per SWDR's latest filing, from $377.4 million in the prior quarter.
• Over five years, Operating Expenses peaked at $558.2 million in Q2 2023 and troughed at $368.4 million in Q1 2026.
• A 5-year average of $435.5 million and a median of $410.5 million in 2024 frame the typical range for Operating Expenses.
• The sharpest annual moves came in 2022 and 2025: Operating Expenses surged 318.38% in 2022, then sank 30.03% in 2025.
• A 5-year view of Operating Expenses shows it stood at $369.4 million in 2022, then gained by 14.52% to $423.0 million in 2023, then rose by 27.48% to $539.3 million in 2024, then slumped by 30.03% to $377.4 million in 2025, then decreased by 2.37% to $368.4 million in 2026.
• Business Quant data shows SWDR's Operating Expenses at $368.4 million in Q1 2026, $377.4 million in Q4 2025, and $387.7 million in Q3 2025.