Ventas Total Operating Expenses increased by 8.8% to $1.62B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 23.1%, from $1.32B to $1.62B. Over 4 years (FY 2021 to FY 2025), Total Operating Expenses shows an upward trend with a 9.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Rising expenses without a corresponding rise in revenue can indicate operational bloat or aggressive expansion efforts.
The sum of all costs required to run the business that are not directly tied to production, including R&D and SG&A. It r...
Investors compare this to revenue to assess the 'operating leverage' of a business model.
total_operating_expenses| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $873.29M | $1.06B | $1.09B | $979.64M | $1.07B | $1.04B | $1.13B | $1.07B | $1.04B | $1.23B | $1.28B | $1.21B | $1.22B | $1.22B | $1.29B | $1.32B | $1.38B | $1.44B | $1.49B | $1.62B |
| QoQ Change | — | +21.7% | +2.5% | -10.0% | +8.9% | -2.3% | +8.8% | -6.1% | -2.1% | +17.5% | +4.1% | -5.5% | +1.0% | -0.2% | +5.8% | +2.3% | +4.6% | +4.8% | +3.1% | +8.8% |
| YoY Change | — | — | — | — | +22.2% | -1.9% | +4.2% | +8.8% | -2.2% | +17.7% | +12.6% | +13.3% | +16.9% | -0.8% | +0.8% | +9.1% | +13.0% | +18.7% | +15.7% | +23.1% |