Whitestone REIT (WSR) Operating Expenses (2010 - 2026)
Whitestone REIT (WSR) reported Operating Expenses of $28.5 million for Q1 2026, up 9.37% on a YoY basis from $26.0 million in Q1 2025, and down 4.29% quarter-over-quarter from $29.7 million in Q4 2025.
Whitestone REIT (WSR) Operating Expenses (2010 - 2026) Analysis & Trends
Whitestone REIT has reported Operating Expenses for 17 years, with the latest figure at $28.5 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 9.37% year-over-year to $28.5 million; the trailing twelve-month figure through Mar 2026 stood at $109.7 million (up 4.97% YoY), and the FY2025 full-year result was $107.3 million, up 3.1% from the prior year.
- Operating Expenses for Q1 2026 stood at $28.5 million, down from $29.7 million in the prior quarter.
- The five-year high for Operating Expenses was $29.7 million in Q4 2025, with the low at $21.1 million in Q1 2022.
- Historically, Operating Expenses has averaged $25.4 million across 5 years, with a median of $25.4 million in 2023.
- Annual changes were most pronounced in 2022 — Operating Expenses surged 246.12% — and 2025, when it fell 5.47%.
- Whitestone REIT's Operating Expenses stood at $23.2 million in 2022, then advanced by 9.28% to $25.4 million in 2023, then advanced by 4.63% to $26.6 million in 2024, then advanced by 12.03% to $29.7 million in 2025, then declined by 4.29% to $28.5 million in 2026.
- The last three Operating Expenses figures came in at $28.5 million (Q1 2026), $29.7 million (Q4 2025), and $26.9 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 | Whitestone REIT | 979.97 Mn | 985.82 Mn | - | 28.47 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 28.47 Mn |
| Dec 31, 2025 | 29.75 Mn |
| Sep 30, 2025 | 26.93 Mn |
| Jun 30, 2025 | 24.58 Mn |
| Mar 31, 2025 | 26.03 Mn |
| Dec 31, 2024 | 26.55 Mn |
| Sep 30, 2024 | 25.94 Mn |
| Jun 30, 2024 | 26.00 Mn |
| Mar 31, 2024 | 25.57 Mn |
| Dec 31, 2023 | 25.38 Mn |
| Sep 30, 2023 | 25.28 Mn |
| Jun 30, 2023 | 25.20 Mn |
| Mar 31, 2023 | 23.72 Mn |
| Dec 31, 2022 | 23.22 Mn |
| Sep 30, 2022 | 24.55 Mn |
| Jun 30, 2022 | 24.24 Mn |
| Mar 31, 2022 | 21.05 Mn |
| Dec 31, 2021 | 24.54 Mn |
| Sep 30, 2021 | 23.39 Mn |
| Jun 30, 2021 | 21.44 Mn |