Belpointe PREP, LLC annual operating expenses
2020
2021
2022
2023
2024
2025
Belpointe PREP, LLC Operating Expenses Growth & History (OZ)
Belpointe PREP, LLC's operating expenses was $47.3M for fiscal 2025.
View full Belpointe PREP, LLC company overviewBelpointe PREP, LLC annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $47.3M | $20.3M | +75.45% |
| 2024 | 2024-12-31 | $26.9M | $10.3M | +61.94% |
| 2023 | 2023-12-31 | $16.6M | $5.7M | +52.70% |
| 2022 | 2022-12-31 | $10.9M | $6.2M | +134.26% |
| 2021 | 2021-12-31 | $4.7M | $4.4M | +2180.39% |
| 2020 | 2020-12-31 | $204,000 | — | — |
Belpointe PREP, LLC quarterly operating expenses
Q1.21
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
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $14.8M | $4.9M | +49.99% |
| Q1 2026 | 2026-03-31 | $15.2M | $4.6M | +43.08% |
| Q4 2025 | 2025-12-31 | $15.0M | $5.4M | +56.29% |
| Q3 2025 | 2025-09-30 | $11.8M | $4.0M | +51.66% |
| Q2 2025 | 2025-06-30 | $9.9M | $4.7M | +92.48% |
| Q1 2025 | 2025-03-31 | $10.6M | $6.2M | +139.00% |
| Q4 2024 | 2024-12-31 | $9.6M | $5.1M | +113.00% |
| Q3 2024 | 2024-09-30 | $7.8M | $4.0M | +106.21% |
| Q2 2024 | 2024-06-30 | $5.1M | $74,000 | +1.46% |
| Q1 2024 | 2024-03-31 | $4.4M | $1.1M | +34.29% |
| Q4 2023 | 2023-12-31 | $4.5M | $1.2M | +36.87% |
| Q3 2023 | 2023-09-30 | $3.8M | $1.7M | +78.73% |
| Q2 2023 | 2023-06-30 | $5.1M | $2.4M | +89.97% |
| Q1 2023 | 2023-03-31 | $3.3M | $469,000 | +16.56% |
| Q4 2022 | 2022-12-31 | $3.3M | −$315,000 | −8.75% |
| Q3 2022 | 2022-09-30 | $2.1M | $1.6M | +334.50% |
| Q2 2022 | 2022-06-30 | $2.7M | $2.4M | +818.28% |
| Q1 2022 | 2022-03-31 | $2.8M | $2.6M | +937.36% |
| Q4 2021 | 2021-12-31 | $3.6M | — | — |
| Q3 2021 | 2021-09-30 | $487,000 | — | — |
| Q2 2021 | 2021-06-30 | $290,000 | — | — |
| Q1 2021 | 2021-03-31 | $273,000 | — | — |
Belpointe PREP, LLC operating expenses trends
Over the last five fiscal years, Belpointe PREP, LLC's operating expenses increased from $204,000 to $47.3M, a change of $47.1M. The latest reported quarter, Q2 2026, shows $14.8M.
About the metric
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.
Calculation and source
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 Belpointe PREP, LLC source filings ↗