Saul Centers Operating Expenses Growth & History (BFS)
Saul Centers's operating expenses was $85.7M for fiscal 2025.
View full Saul Centers company overviewSaul Centers annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $85.7M | $10.1M | +13.43% |
| 2024 | 2024-12-31 | $75.6M | $74.9M | +11246.55% |
| 2023 | 2023-12-31 | $666,000 | −$148,000 | −18.18% |
| 2022 | 2022-12-31 | $814,000 | −$176.8M | −99.54% |
| 2021 | 2021-12-31 | $177.6M | $2.4M | +1.37% |
| 2020 | 2020-12-31 | $175.2M | $8.3M | +4.96% |
| 2019 | 2019-12-31 | $166.9M | $2.2M | +1.35% |
| 2018 | 2018-12-31 | $164.7M | −$1.0M | −0.62% |
| 2017 | 2017-12-31 | $165.7M | $4.3M | +2.69% |
| 2016 | 2016-12-31 | $161.4M | $5.2M | +3.34% |
| 2015 | 2015-12-31 | $156.1M | $984,000 | +0.63% |
| 2014 | 2014-12-31 | $155.2M | −$7.5M | −4.59% |
| 2013 | 2013-12-31 | $162.6M | $7.6M | +4.92% |
| 2012 | 2012-12-31 | $155.0M | $12.6M | +8.81% |
| 2011 | 2011-12-31 | $142.4M | $23.3M | +19.58% |
| 2010 | 2010-12-31 | $119.1M | $3.4M | +2.90% |
| 2009 | 2009-12-31 | $115.8M | — | — |
Saul Centers quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $22.8M | $2.3M | +11.38% |
| Q1 2026 | 2026-03-31 | $22.4M | — | — |
| Q4 2025 | 2025-12-31 | $23.9M | — | — |
| Q3 2025 | 2025-09-30 | $20.8M | $20.2M | +3492.39% |
| Q2 2025 | 2025-06-30 | $20.5M | — | — |
| Q3 2024 | 2024-09-30 | $578,000 | −$46.5M | −98.77% |
| Q1 2024 | 2024-03-31 | $258,000 | −$45.1M | −99.43% |
| Q3 2023 | 2023-09-30 | $47.1M | $1.5M | +3.25% |
| Q2 2023 | 2023-06-30 | $46.5M | $3.2M | +7.45% |
| Q1 2023 | 2023-03-31 | $45.4M | $733,000 | +1.64% |
| Q3 2022 | 2022-09-30 | $45.6M | $2.2M | +5.08% |
| Q2 2022 | 2022-06-30 | $43.3M | −$589,000 | −1.34% |
| Q1 2022 | 2022-03-31 | $44.7M | −$1.3M | −2.78% |
| Q4 2021 | 2021-12-31 | $44.4M | −$2.5M | −5.32% |
| Q3 2021 | 2021-09-30 | $43.4M | −$1.8M | −3.96% |
| Q2 2021 | 2021-06-30 | $43.9M | $873,000 | +2.03% |
| Q1 2021 | 2021-03-31 | $45.9M | $5.8M | +14.50% |
| Q4 2020 | 2020-12-31 | $46.9M | $5.8M | +14.06% |
| Q3 2020 | 2020-09-30 | $45.2M | $3.4M | +8.23% |
| Q2 2020 | 2020-06-30 | $43.0M | $1.6M | +3.92% |
| Q1 2020 | 2020-03-31 | $40.1M | −$2.6M | −6.00% |
| Q4 2019 | 2019-12-31 | $41.1M | −$1.5M | −3.53% |
| Q3 2019 | 2019-09-30 | $41.7M | $1.5M | +3.74% |
| Q2 2019 | 2019-06-30 | $41.4M | $715,000 | +1.76% |
| Q1 2019 | 2019-03-31 | $42.7M | $1.5M | +3.67% |
| Q4 2018 | 2018-12-31 | $42.6M | $1.3M | +3.24% |
| Q3 2018 | 2018-09-30 | $40.2M | −$1.6M | −3.90% |
| Q2 2018 | 2018-06-30 | $40.7M | −$809,000 | −1.95% |
| Q1 2018 | 2018-03-31 | $41.2M | $69,000 | +0.17% |
| Q4 2017 | 2017-12-31 | $41.3M | $432,000 | +1.06% |
| Q3 2017 | 2017-09-30 | $41.9M | $1.3M | +3.31% |
| Q2 2017 | 2017-06-30 | $41.5M | $2.0M | +5.13% |
| Q1 2017 | 2017-03-31 | $41.1M | $547,000 | +1.35% |
| Q4 2016 | 2016-12-31 | $40.8M | $2.0M | +5.21% |
| Q3 2016 | 2016-09-30 | $40.5M | $1.4M | +3.51% |
| Q2 2016 | 2016-06-30 | $39.5M | $671,000 | +1.73% |
| Q1 2016 | 2016-03-31 | $40.5M | $1.1M | +2.90% |
| Q4 2015 | 2015-12-31 | $38.8M | −$131,000 | −0.34% |
| Q3 2015 | 2015-09-30 | $39.1M | $1.0M | +2.68% |
| Q2 2015 | 2015-06-30 | $38.8M | $926,000 | +2.45% |
| Q1 2015 | 2015-03-31 | $39.4M | −$833,000 | −2.07% |
| Q4 2014 | 2014-12-31 | $39.0M | $1.0M | +2.68% |
| Q3 2014 | 2014-09-30 | $38.1M | $319,000 | +0.84% |
| Q2 2014 | 2014-06-30 | $37.9M | −$3.2M | −7.87% |
| Q1 2014 | 2014-03-31 | $40.2M | −$5.6M | −12.15% |
| Q4 2013 | 2013-12-31 | $37.9M | −$2.3M | −5.82% |
| Q3 2013 | 2013-09-30 | $37.8M | −$1.5M | −3.78% |
| Q2 2013 | 2013-06-30 | $41.1M | $3.3M | +8.81% |
| Q1 2013 | 2013-03-31 | $45.8M | $8.1M | +21.60% |
| Q4 2012 | 2012-12-31 | $40.3M | $59,000 | +0.15% |
| Q3 2012 | 2012-09-30 | $39.3M | $5.1M | +14.78% |
| Q2 2012 | 2012-06-30 | $37.8M | $3.2M | +9.21% |
| Q1 2012 | 2012-03-31 | $37.7M | $4.3M | +12.72% |
| Q4 2011 | 2011-12-31 | $40.2M | — | — |
| Q3 2011 | 2011-09-30 | $34.2M | $5.1M | +17.44% |
| Q2 2011 | 2011-06-30 | $34.6M | $5.2M | +17.88% |
| Q1 2011 | 2011-03-31 | $33.4M | — | — |
| Q3 2010 | 2010-09-30 | $29.1M | — | — |
| Q2 2010 | 2010-06-30 | $29.3M | — | — |
Saul Centers operating expenses trends
Over the last five fiscal years, Saul Centers's operating expenses decreased from $175.2M to $85.7M, a change of −$89.5M. The latest reported quarter, Q2 2026, shows $22.8M.
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 Saul Centers source filings ↗