Ares Real Estate Income Trust Inc. (ZARE) Operating Expenses (2010 - 2026)

Ares Real Estate Income Trust's Operating Expenses history runs 17 years deep, the most recent figure standing at $134.8 million for Q1 2026.

• On a quarterly basis, Operating Expenses rose 33.17% year-over-year to $134.8 million in Q1 2026; TTM through Mar 2026 was $486.0 million, a 32.23% increase from a year earlier, with the FY2025 full-year figure at $452.4 million, up 29.4% from the prior year.
• Operating Expenses eased to $134.8 million in Q1 2026 per ZARE's latest filing, from $136.1 million in the prior quarter.
• Across five years, Operating Expenses topped out at $136.1 million in Q4 2025 and bottomed at $71.8 million in Q1 2022.
• The 5-year median for Operating Expenses is $85.0 million (2024), against an average of $92.7 million.
• Across the five-year window, Operating Expenses jumped 81.81% in 2022 and fell 5.33% in 2023, its largest moves.
• Year by year, Operating Expenses stood at $80.4 million in 2022, then gained by 13.05% to $90.8 million in 2023, then decreased by 0.74% to $90.2 million in 2024, then surged by 50.94% to $136.1 million in 2025, then slipped by 0.94% to $134.8 million in 2026.
• Per Business Quant, the three latest ZARE Operating Expenses figures stand at $134.8 million (Q1 2026), $136.1 million (Q4 2025), and $111.3 million (Q3 2025).