Ares Real Estate Income Trust (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.

• In Q1 2026, Operating Expenses rose 33.17% year-over-year to $134.8 million; the TTM figure through Mar 2026 stood at $486.0 million (up 32.23% YoY), while the FY2025 annual figure was $452.4 million, up 29.4% from the prior year.
• Operating Expenses was $134.8 million for Q1 2026 at Ares Real Estate Income Trust, down from $136.1 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $136.1 million in Q4 2025 to a low of $71.8 million in Q1 2022.
• Historically, Operating Expenses has averaged $92.7 million across 5 years, with a median of $85.0 million in 2024.
• The sharpest annual moves came in 2022 and 2023: Operating Expenses surged 81.81% in 2022, then dropped 5.33% in 2023.
• A 5-year view of Operating Expenses shows it 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.
• The last three Operating Expenses figures came in at $134.8 million (Q1 2026), $136.1 million (Q4 2025), and $111.3 million (Q3 2025), per Business Quant data.