Wheeler Real Estate Investment Trust (WHLRP) Operating Expenses (2011 - 2026)

Wheeler Real Estate Investment Trust (WHLRP) recorded quarterly Operating Expenses of $16.4 million in Q1 2026, down 9.1% quarter-over-quarter from $18.0 million in Q4 2025, and down 8.51% on a YoY basis from $17.9 million in Q1 2025.

Wheeler Real Estate Investment Trust (WHLRP) Operating Expenses (2011 - 2026) Analysis & Trends

Wheeler Real Estate Investment Trust's Operating Expenses history runs 16 years deep, the most recent figure standing at $16.4 million for Q1 2026.

  • In Q1 2026, Operating Expenses fell 8.51% year-over-year to $16.4 million; the TTM figure through Mar 2026 stood at $69.1 million (down 4.22% YoY), while the FY2025 annual figure was $70.6 million, down 2.78% from the prior year.
  • Operating Expenses was $16.4 million for Q1 2026 at Wheeler Real Estate Investment Trust, down from $18.0 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $19.6 million in Q4 2022 to a low of $10.1 million in Q2 2022.
  • Historically, Operating Expenses has averaged $17.0 million across 5 years, with a median of $18.0 million in 2025.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses decreased 16.32% in 2022, then soared 82.24% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $19.6 million in 2022, then declined by 2.81% to $19.0 million in 2023, then dropped by 2.67% to $18.5 million in 2024, then dropped by 2.83% to $18.0 million in 2025, then dropped by 9.1% to $16.4 million in 2026.
  • The last three Operating Expenses figures came in at $16.4 million (Q1 2026), $18.0 million (Q4 2025), and $18.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Simon Property 69.18 Bn 69.56 Bn 1.76 Bn 900.79 Mn
2 Realty Income 55.47 Bn 56.16 Bn - 1.24 Bn
3 Kimco Realty 17.00 Bn 17.03 Bn 447.43 Mn 364.31 Mn
4 Regency Centers 14.85 Bn 14.97 Bn - 73.30 Mn
5 Federal Realty Investment Trust 10.68 Bn 10.75 Bn 265.49 Mn 220.41 Mn
6 Agree Realty 8.92 Bn 8.90 Bn - 104.48 Mn
7 Nnn Reit 8.68 Bn 8.68 Bn - 105.96 Mn
8 Essential Properties Realty Trust 6.37 Bn 6.38 Bn - 74.46 Mn
9 Macerich 6.30 Bn 6.10 Bn 158.29 Mn 278.05 Mn
10 Wheeler Real Estate Investment Trust - - -897,000.00 16.38 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 16.38 Mn
Dec 31, 2025 18.02 Mn
Sep 30, 2025 18.33 Mn
Jun 30, 2025 16.34 Mn
Mar 31, 2025 17.90 Mn
Dec 31, 2024 18.54 Mn
Sep 30, 2024 17.98 Mn
Jun 30, 2024 17.68 Mn
Mar 31, 2024 18.39 Mn
Dec 31, 2023 19.05 Mn
Sep 30, 2023 18.12 Mn
Jun 30, 2023 18.46 Mn
Mar 31, 2023 19.49 Mn
Dec 31, 2022 19.60 Mn
Sep 30, 2022 14.13 Mn
Jun 30, 2022 10.13 Mn
Mar 31, 2022 10.79 Mn
Dec 31, 2021 11.10 Mn
Sep 30, 2021 10.46 Mn
Jun 30, 2021 12.11 Mn