Ventas (VTR) Operating Expenses (2009 - 2026)

Ventas' Operating Expenses history runs 18 years deep, the most recent figure standing at $1.6 billion for Q1 2026.

• In Q1 2026, Operating Expenses rose 23.11% year-over-year to $1.6 billion; the TTM figure through Mar 2026 stood at $5.9 billion (up 17.69% YoY), while the FY2025 annual figure was $5.6 billion, up 14.14% from the prior year.
• Operating Expenses was $1.6 billion for Q1 2026 at Ventas, up from $1.5 billion in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $1.6 billion in Q1 2026 to a low of $979.6 million in Q1 2022.
• Historically, Operating Expenses has averaged $1.2 billion across 5 years, with a median of $1.2 billion in 2024.
• The sharpest annual moves came in 2023 and 2026: Operating Expenses slipped 2.17% in 2023, then advanced 23.11% in 2026.
• A 5-year view of Operating Expenses shows it stood at $1.1 billion in 2022, then climbed by 12.59% to $1.3 billion in 2023, then grew by 0.8% to $1.3 billion in 2024, then climbed by 15.7% to $1.5 billion in 2025, then increased by 8.85% to $1.6 billion in 2026.
• The last three Operating Expenses figures came in at $1.6 billion (Q1 2026), $1.5 billion (Q4 2025), and $1.4 billion (Q3 2025), per Business Quant data.