Terra Property Trust (TPTA) Operating Expenses (2019 - 2025)

Terra Property Trust has disclosed Operating Expenses across 7 years of filings, most recently posting $10.5 million for Q4 2025.

• Operating Expenses for Q4 2025 came in at $10.5 million, down 45.93% year-over-year; the trailing twelve-month figure through Dec 2025 was $36.8 million (down 19.66% YoY), and the FY2025 annual result was $36.8 million, down 19.66% from the prior year.
• Operating Expenses came in at $10.5 million for Q4 2025 at Terra Property Trust, up from $6.8 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $37.8 million in Q3 2023 to a low of $5.6 million in Q1 2021.
• The 5-year median for Operating Expenses is $10.3 million (2024), against an average of $13.0 million.
• Across the five-year window, Operating Expenses soared 200.58% in 2023 and slumped 85.17% in 2024, its largest moves.
• Terra Property Trust's Operating Expenses stood at $19.4 million in 2021, then tumbled by 42.72% to $11.1 million in 2022, then soared by 96.56% to $21.8 million in 2023, then retreated by 10.85% to $19.5 million in 2024, then slumped by 45.93% to $10.5 million in 2025.
• The last three Operating Expenses figures came in at $10.5 million (Q4 2025), $6.8 million (Q3 2025), and $11.1 million (Q2 2025), per Business Quant data.