Terreno Realty (TRNO) Operating Expenses (2010 - 2026)

Terreno Realty's (TRNO) quarterly Operating Expenses came in at $73.7 million in Q1 2026, up 9.36% year-on-year from $67.4 million in Q1 2025, and down 7.89% quarter-over-quarter from $80.1 million in Q4 2025.

Terreno Realty (TRNO) Operating Expenses (2010 - 2026) Analysis & Trends

Terreno Realty has disclosed Operating Expenses across 17 years of filings, most recently posting $73.7 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $73.7 million, up 9.36% year-over-year; the trailing twelve-month figure through Mar 2026 was $290.6 million (up 16.36% YoY), and the FY2025 annual result was $284.3 million, up 21.15% from the prior year.
  • Operating Expenses came in at $73.7 million for Q1 2026 at Terreno Realty, down from $80.1 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.
  • The 5-year median for Operating Expenses is $52.3 million (2024), against an average of $55.9 million.
  • Across the five-year window, Operating Expenses rose 29.12% in 2022 and advanced 8.37% in 2023, its largest moves.
  • Terreno Realty's 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 retreated by 7.89% to $73.7 million in 2026.
  • The last three Operating Expenses figures came in at $73.7 million (Q1 2026), $80.1 million (Q4 2025), and $68.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Prologis 137.79 Bn 141.12 Bn 2.24 Bn -3.97 Bn
2 Public Storage 57.19 Bn 57.15 Bn 1.18 Bn 743.46 Mn
3 Extra Space Storage 31.69 Bn 32.52 Bn -204.61 Mn 488.47 Mn
4 Eastgroup Properties 10.93 Bn 10.93 Bn 190.03 Mn 113.86 Mn
5 Lineage 10.07 Bn 10.97 Bn 417.00 Mn 1.26 Bn
6 CubeSmart 9.54 Bn 9.57 Bn 191.86 Mn 168.70 Mn
7 Rexford Industrial Realty 7.99 Bn 8.37 Bn - 144.62 Mn
8 STAG Industrial 7.40 Bn 7.47 Bn - 140.20 Mn
9 Terreno Realty 7.04 Bn 7.04 Bn - 73.75 Mn
10 Americold Realty Trust 4.14 Bn 4.14 Bn 195.51 Mn 615.58 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 32.12 Mn