Operating Expenses

Total Operating Expenses

Simon Property Group Total Operating Expenses increased by 33.5% to $994.93M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 33.5%, from $745.40M to $994.93M. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

Rising expenses without a corresponding rise in revenue can indicate operational bloat or aggressive expansion efforts.

Detailed definition

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...

Peer comparison

Investors compare this to revenue to assess the 'operating leverage' of a business model.

Metric ID: is_total_operating_expenses

Historical Data

13 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q3 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q1 '26
Value$649.42M$684.23M$734.61M$675.53M$653.08M$663.59M$716.71M$717.75M$717.75M$717.75M$717.75M$745.40M$994.93M
QoQ Change+5.4%+7.4%-8.0%-3.3%+1.6%+8.0%+0.1%+0.0%+0.0%+0.0%+3.9%+33.5%
YoY Change+0.6%-3.0%+8.0%+0.1%+3.9%+33.5%
Range$649.42M$994.93M
CAGR+15.3%
Avg YoY Growth+7.2%
Median YoY Growth+2.2%
Current Streak8 quarters growth

Frequently Asked Questions

What is Simon Property Group's total operating expenses?
Simon Property Group (SPG) reported total operating expenses of $994.93M in Q1 2026.
How has Simon Property Group's total operating expenses changed year-over-year?
Simon Property Group's total operating expenses increased by 33.5% year-over-year, from $745.40M to $994.93M.
What does total operating expenses mean?
The total cost of running the day-to-day business, excluding the direct cost of making products.