Terreno Realty (TRNO) Operating Expenses (2010 - 2026)
Terreno Realty's (TRNO) quarterly Operating Expenses came in at $72.6 million in Q2 2026, up 6.0% year-over-year from $68.5 million in Q2 2025, and down 1.53% quarter-over-quarter from $73.7 million in Q1 2026.
Analysis
Terreno Realty (TRNO) Operating Expenses (2010 - 2026) Analysis & Trends
Terreno Realty has disclosed Operating Expenses across 17 years of filings, most recently posting $72.6 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 6.0% year-over-year to $72.6 million; the TTM figure through Jun 2026 stood at $294.7 million (up 12.96% YoY), while the FY2025 annual figure was $284.3 million, up 21.15% from the prior year.
- Operating Expenses came in at $72.6 million for Q2 2026 at Terreno Realty, down from $73.7 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $80.1 million in Q4 2025 to a low of $39.4 million in Q1 2022.
- Average Operating Expenses over 5 years is $56.8 million, with a median of $54.9 million recorded in 2024.
- Year-over-year, Operating Expenses gained 29.12% in 2022 and gained 6.0% in 2026.
- Over 5 years, Operating Expenses stood at $46.2 million in 2022, then gained by 8.37% to $50.1 million in 2023, then grew by 28.9% to $64.5 million in 2024, then climbed by 24.1% to $80.1 million in 2025, then dropped by 9.3% to $72.6 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $72.6 million in Q2 2026, $73.7 million in Q1 2026, and $80.1 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 126.47 Bn | 126.47 Bn | 2.41 Bn | 1.47 Bn |
| 2 | Eastgroup Properties | 10.61 Bn | 10.61 Bn | 193.10 Mn | 114.53 Mn |
| 3 | Lineage | 8.58 Bn | 8.52 Bn | 425.00 Mn | 1.31 Bn |
| 4 | Rexford Industrial Realty | 8.31 Bn | 8.31 Bn | - | 143.39 Mn |
| 5 | STAG Industrial | 7.11 Bn | 7.11 Bn | - | 141.27 Mn |
| 6 | Terreno Realty | 6.94 Bn | 6.94 Bn | - | 72.62 Mn |
| 7 | Americold Realty Trust | 3.94 Bn | 3.90 Bn | 212.69 Mn | 950.72 Mn |
| 8 | LXP Industrial Trust | 3.53 Bn | 3.53 Bn | 71.94 Mn | 9.71 Mn |
| 9 | Innovative Industrial Properties | 1.62 Bn | 1.62 Bn | - | 33.71 Mn |
| 10 | Industrial Logistics Properties Trust | 518.87 Mn | 518.87 Mn | - | 78.29 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 72.62 Mn |
| Mar 31, 2026 | 73.75 Mn |
| Dec 31, 2025 | 80.07 Mn |
| Sep 30, 2025 | 68.29 Mn |
| Jun 30, 2025 | 68.51 Mn |
| Mar 31, 2025 | 67.43 Mn |
| Dec 31, 2024 | 64.52 Mn |
| Sep 30, 2024 | 60.44 Mn |
| Jun 30, 2024 | 57.36 Mn |
| Mar 31, 2024 | 52.34 Mn |
| Dec 31, 2023 | 50.05 Mn |
| Sep 30, 2023 | 47.88 Mn |
| Jun 30, 2023 | 46.61 Mn |
| Mar 31, 2023 | 45.91 Mn |
| Dec 31, 2022 | 46.19 Mn |
| Sep 30, 2022 | 42.27 Mn |
| Jun 30, 2022 | 39.45 Mn |
| Mar 31, 2022 | 39.41 Mn |
| Dec 31, 2021 | 36.79 Mn |
| Sep 30, 2021 | 34.64 Mn |