Operating Expenses

Total Operating Expenses

Sun Communities Total Operating Expenses decreased by 10.0% to $484.40M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 5.5%, from $512.70M to $484.40M. Over 5 years (FY 2021 to FY 2026), Total Operating Expenses shows an upward trend with a 12.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ4 2014
Last reportedQ4 2026Apr 28, 2026

How to read this metric

An increase faster than revenue growth suggests declining operating margins, while slower growth indicates effective cost control.

Detailed definition

Total operating expenses represent the sum of all costs incurred to operate the business, excluding the cost of goods so...

Peer comparison

Used to calculate operating margin; peers in the healthcare sector monitor this closely to manage profitability against R&D requirements.

Metric ID: total_operating_expenses

Historical Data

21 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26
Value$419.20M$509.90M$537.30M$417.60M$523.00M$707.70M$763.10M$667.50M$668.60M$1.08B$840.70M$740.90M$519.70M$563.50M$586.90M$750.50M$512.70M$812.60M$699.10M$538.20M$484.40M
QoQ Change+21.6%+5.4%-22.3%+25.2%+35.3%+7.8%-12.5%+0.2%+62.2%-22.5%-11.9%-29.9%+8.4%+4.2%+27.9%-31.7%+58.5%-14.0%-23.0%-10.0%
YoY Change+24.8%+38.8%+42.0%+59.8%+27.8%+53.2%+10.2%+11.0%-22.3%-48.0%-30.2%+1.3%-1.3%+44.2%+19.1%-28.3%-5.5%
Range$417.60M$1.08B
CAGR+2.9%
Avg YoY Growth+11.6%
Median YoY Growth+11.0%
Current Streak3 quarters decline

Frequently Asked Questions

What is Sun Communities's total operating expenses?
Sun Communities (SUI) reported total operating expenses of $484.40M in Q1 2026.
How has Sun Communities's total operating expenses changed year-over-year?
Sun Communities's total operating expenses decreased by 5.5% year-over-year, from $512.70M to $484.40M.
What is the long-term trend for Sun Communities's total operating expenses?
Over 5 years (2021 to 2026), Sun Communities's total operating expenses has grown at a 12.5% compound annual growth rate (CAGR), from $1.41B to $2.53B.
What does total operating expenses mean?
The total cost of running the business, including all non-production expenses.