Vesta Real Estate Corporation, S.A.B. de C.V VTMX
NYSE VTMX
$33.51 +0.09 (+0.27%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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