American Assets Trust Operating Expenses Growth & History (AAT)
American Assets Trust's operating expenses was $120.7M for fiscal 2025.
View full American Assets Trust company overviewAmerican Assets Trust annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $120.7M | −$40.3M | −25.01% |
| 2024 | 2024-12-31 | $160.9M | $5.5M | +3.52% |
| 2023 | 2023-12-31 | $155.5M | −$21,000 | −0.01% |
| 2022 | 2022-12-31 | $155.5M | −$120.5M | −43.66% |
| 2021 | 2021-12-31 | $276.0M | $20.0M | +7.80% |
| 2020 | 2020-12-31 | $256.0M | $2.9M | +1.16% |
| 2019 | 2019-12-31 | $253.1M | $1.7M | +0.69% |
| 2018 | 2018-12-31 | $251.3M | $30.0M | +13.55% |
| 2017 | 2017-12-31 | $221.3M | $24.2M | +12.27% |
| 2016 | 2016-12-31 | $197.1M | $15.7M | +8.64% |
| 2015 | 2015-12-31 | $181.5M | $5.1M | +2.92% |
| 2014 | 2014-12-31 | $176.3M | $2.4M | +1.37% |
| 2013 | 2013-12-31 | $174.0M | $10.4M | +6.36% |
| 2012 | 2012-12-31 | $163.6M | $17.1M | +11.69% |
| 2011 | 2011-12-31 | $146.4M | $71.1M | +94.41% |
| 2010 | 2010-12-31 | $75.3M | $12.5M | +19.86% |
| 2009 | 2009-12-31 | $62.8M | — | — |
American Assets Trust quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $41.6M | −$8,000 | −0.02% |
| Q1 2026 | 2026-03-31 | $41.1M | — | — |
| Q4 2025 | 2025-12-31 | $42.2M | $2.7M | +6.77% |
| Q3 2025 | 2025-09-30 | $41.5M | −$1.1M | −2.54% |
| Q2 2025 | 2025-06-30 | $41.6M | $1.9M | +4.74% |
| Q4 2024 | 2024-12-31 | $39.5M | $145,000 | +0.37% |
| Q3 2024 | 2024-09-30 | $42.6M | $3.8M | +9.93% |
| Q2 2024 | 2024-06-30 | $39.7M | $1.3M | +3.42% |
| Q1 2024 | 2024-03-31 | $39.1M | $159,000 | +0.41% |
| Q4 2023 | 2023-12-31 | $39.4M | $257,000 | +0.66% |
| Q3 2023 | 2023-09-30 | $38.7M | −$1.4M | −3.38% |
| Q2 2023 | 2023-06-30 | $38.4M | −$267,000 | −0.69% |
| Q1 2023 | 2023-03-31 | $38.9M | $1.3M | +3.58% |
| Q4 2022 | 2022-12-31 | $39.1M | −$100.8M | −72.05% |
| Q3 2022 | 2022-09-30 | $40.1M | $2.6M | +6.93% |
| Q2 2022 | 2022-06-30 | $38.7M | $4.1M | +11.94% |
| Q1 2022 | 2022-03-31 | $37.6M | −$26.4M | −41.25% |
| Q4 2021 | 2021-12-31 | $140.0M | $75.0M | +115.55% |
| Q3 2021 | 2021-09-30 | $37.5M | −$26.5M | −41.44% |
| Q2 2021 | 2021-06-30 | $34.6M | −$24.5M | −41.52% |
| Q1 2021 | 2021-03-31 | $63.9M | −$4.0M | −5.85% |
| Q4 2020 | 2020-12-31 | $64.9M | −$4.0M | −5.83% |
| Q3 2020 | 2020-09-30 | $64.1M | −$3.9M | −5.78% |
| Q2 2020 | 2020-06-30 | $59.1M | −$512,000 | −0.86% |
| Q1 2020 | 2020-03-31 | $67.9M | $11.4M | +20.17% |
| Q4 2019 | 2019-12-31 | $69.0M | $8.4M | +13.95% |
| Q3 2019 | 2019-09-30 | $68.0M | $12.7M | +23.08% |
| Q2 2019 | 2019-06-30 | $59.6M | −$8.1M | −12.02% |
| Q1 2019 | 2019-03-31 | $56.5M | −$11.3M | −16.68% |
| Q4 2018 | 2018-12-31 | $60.5M | $2.6M | +4.42% |
| Q3 2018 | 2018-09-30 | $55.2M | −$630,000 | −1.13% |
| Q2 2018 | 2018-06-30 | $67.8M | $10.7M | +18.78% |
| Q1 2018 | 2018-03-31 | $67.8M | $17.3M | +34.38% |
| Q4 2017 | 2017-12-31 | $58.0M | $6.5M | +12.64% |
| Q3 2017 | 2017-09-30 | $55.9M | $5.4M | +10.64% |
| Q2 2017 | 2017-06-30 | $57.1M | $8.9M | +18.59% |
| Q1 2017 | 2017-03-31 | $50.5M | $3.4M | +7.17% |
| Q4 2016 | 2016-12-31 | $51.5M | $3.8M | +8.01% |
| Q3 2016 | 2016-09-30 | $50.5M | $2.7M | +5.68% |
| Q2 2016 | 2016-06-30 | $48.1M | $4.8M | +11.21% |
| Q1 2016 | 2016-03-31 | $47.1M | $4.3M | +10.04% |
| Q4 2015 | 2015-12-31 | $47.6M | $3.7M | +8.38% |
| Q3 2015 | 2015-09-30 | $47.8M | $3.5M | +7.84% |
| Q2 2015 | 2015-06-30 | $43.3M | −$1.2M | −2.72% |
| Q1 2015 | 2015-03-31 | $42.8M | −$808,000 | −1.85% |
| Q4 2014 | 2014-12-31 | $44.0M | −$286,000 | −0.65% |
| Q3 2014 | 2014-09-30 | $44.3M | $430,000 | +0.98% |
| Q2 2014 | 2014-06-30 | $44.5M | $932,000 | +2.14% |
| Q1 2014 | 2014-03-31 | $43.6M | $1.3M | +3.07% |
| Q4 2013 | 2013-12-31 | $44.2M | $1.4M | +3.18% |
| Q3 2013 | 2013-09-30 | $43.9M | $1.3M | +3.09% |
| Q2 2013 | 2013-06-30 | $43.5M | $4.1M | +10.26% |
| Q1 2013 | 2013-03-31 | $42.3M | $3.7M | +9.48% |
| Q4 2012 | 2012-12-31 | $42.9M | $6.7M | +18.37% |
| Q3 2012 | 2012-09-30 | $42.6M | $1.4M | +3.46% |
| Q2 2012 | 2012-06-30 | $39.5M | $1.9M | +5.10% |
| Q1 2012 | 2012-03-31 | $38.6M | $7.1M | +22.62% |
| Q4 2011 | 2011-12-31 | $36.2M | — | — |
| Q3 2011 | 2011-09-30 | $41.1M | $17.6M | +74.81% |
| Q2 2011 | 2011-06-30 | $37.6M | $20.4M | +118.56% |
| Q1 2011 | 2011-03-31 | $31.5M | — | — |
| Q3 2010 | 2010-09-30 | $23.5M | — | — |
| Q2 2010 | 2010-06-30 | $17.2M | — | — |
American Assets Trust operating expenses trends
Over the last five fiscal years, American Assets Trust's operating expenses decreased from $256.0M to $120.7M, a change of −$135.3M. The latest reported quarter, Q2 2026, shows $41.6M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review American Assets Trust source filings ↗