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
DateValue
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