Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) Operating Expenses (2022 - 2026)
Vesta Real Estate Corporation, S.A.B. de C.V's (VTMX) quarterly Operating Expenses came in at -$9.3 million in Q2 2026, down 10.71% year-over-year from -$10.4 million in Q2 2025, and little changed quarter-over-quarter from -$9.3 million in Q1 2026.
Analysis
Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) Operating Expenses (2022 - 2026) Analysis & Trends
Vesta Real Estate Corporation, S.A.B. de C.V has disclosed Operating Expenses across 5 years of filings, most recently posting -$9.3 million for Q2 2026.
- In Q2 2026, Operating Expenses fell 10.71% year-over-year to -$9.3 million; the TTM figure through Jun 2026 stood at -$36.7 million (down 10.88% YoY), while the FY2025 annual figure was -$35.5 million, down 3.8% from the prior year.
- Operating Expenses came in at -$9.3 million for Q2 2026 at Vesta Real Estate Corporation, S.A.B. de C.V, roughly flat from -$9.3 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of -$5.9 million in Q3 2022 to a low of -$9.8 million in Q4 2025.
- Average Operating Expenses over 5 years is -$8.1 million, with a median of -$8.4 million recorded in 2025.
- Year-over-year, Operating Expenses sank 56.67% in 2023 and grew 7.69% in 2025.
- Over 5 years, Operating Expenses stood at -$6.0 million in 2022, then slumped by 56.67% to -$9.4 million in 2023, then grew by 4.26% to -$9.0 million in 2024, then dropped by 8.89% to -$9.8 million in 2025, then grew by 5.1% to -$9.3 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were -$9.3 million in Q2 2026, -$9.3 million in Q1 2026, and -$9.8 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 25.25 Bn | 25.00 Bn | - | 54.24 Mn |
| 2 | Eason Technology | 6.05 Bn | 6.05 Bn | - | - |
| 3 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.85 Bn | 2.85 Bn | - | -9.30 Mn |
| 4 | Opendoor Technologies | 2.70 Bn | 1.80 Bn | 86.00 Mn | 230.00 Mn |
| 5 | LandBridge | 2.41 Bn | 2.37 Bn | 65.51 Mn | 15.90 Mn |
| 6 | Kennedy-Wilson Holdings | 1.52 Bn | 1.37 Bn | 83.20 Mn | 109.70 Mn |
| 7 | Frp Holdings | 423.91 Mn | 423.91 Mn | - | 9.62 Mn |
| 8 | American Realty Investors | 251.43 Mn | 251.43 Mn | - | 15.42 Mn |
| 9 | Belpointe PREP | 187.01 Mn | 187.01 Mn | - | 3.00 Mn |
| 10 | Star Holdings | 114.77 Mn | 79.96 Mn | 5.31 Mn | 21.61 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -9.30 Mn |
| Mar 31, 2026 | -9.30 Mn |
| Dec 31, 2025 | -9.80 Mn |
| Sep 30, 2025 | -8.30 Mn |
| Jun 30, 2025 | -8.40 Mn |
| Mar 31, 2025 | -8.30 Mn |
| Dec 31, 2024 | -9.00 Mn |
| Sep 30, 2024 | -7.40 Mn |
| Jun 30, 2024 | -9.10 Mn |
| Mar 31, 2024 | -8.50 Mn |
| Dec 31, 2023 | -9.40 Mn |
| Sep 30, 2023 | -7.62 Mn |
| Jun 30, 2023 | -7.21 Mn |
| Mar 31, 2023 | -8.61 Mn |
| Dec 31, 2022 | -6.00 Mn |
| Sep 30, 2022 | -5.94 Mn |
| Jun 30, 2022 | -6.07 Mn |