Piedmont Realty Trust Operating Expenses Growth & History (PDM)
Piedmont Realty Trust's operating expenses was $485.5M for fiscal 2025.
View full Piedmont Realty Trust company overviewPiedmont Realty Trust annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $485.5M | −$44.4M | −8.37% |
| 2024 | 2024-12-31 | $529.9M | −$23,000 | −0.00% |
| 2023 | 2023-12-31 | $529.9M | $24.2M | +4.79% |
| 2022 | 2022-12-31 | $505.7M | $16.9M | +3.46% |
| 2021 | 2021-12-31 | $488.8M | $42.5M | +9.53% |
| 2020 | 2020-12-31 | $446.3M | $5.4M | +1.21% |
| 2019 | 2019-12-31 | $440.9M | $30.6M | +7.46% |
| 2018 | 2018-12-31 | $410.3M | −$82.6M | −16.75% |
| 2017 | 2017-12-31 | $492.9M | $7.9M | +1.64% |
| 2016 | 2016-12-31 | $484.9M | −$26.1M | −5.11% |
| 2015 | 2015-12-31 | $511.1M | $52.6M | +11.48% |
| 2014 | 2014-12-31 | $458.4M | $49.7M | +12.16% |
| 2013 | 2013-12-31 | $408.7M | $23.5M | +6.10% |
| 2012 | 2012-12-31 | $385.2M | $2.9M | +0.77% |
| 2011 | 2011-12-31 | $382.3M | $26.0M | +7.30% |
| 2010 | 2010-12-31 | $356.3M | −$56.3M | −13.64% |
| 2009 | 2009-12-31 | $412.6M | — | — |
Piedmont Realty Trust quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $67.5M | −$51.5M | −43.24% |
| Q1 2026 | 2026-03-31 | $124.5M | $2.7M | +2.23% |
| Q4 2025 | 2025-12-31 | $123.9M | −$19.3M | −13.46% |
| Q3 2025 | 2025-09-30 | $120.8M | $426,000 | +0.35% |
| Q2 2025 | 2025-06-30 | $119.0M | −$4.8M | −3.90% |
| Q1 2025 | 2025-03-31 | $121.8M | −$20.7M | −14.52% |
| Q4 2024 | 2024-12-31 | $143.2M | −$3.8M | −2.58% |
| Q3 2024 | 2024-09-30 | $120.4M | −$15.8M | −11.58% |
| Q2 2024 | 2024-06-30 | $123.8M | $373,000 | +0.30% |
| Q1 2024 | 2024-03-31 | $142.5M | $19.2M | +15.54% |
| Q4 2023 | 2023-12-31 | $147.0M | −$5.3M | −3.51% |
| Q3 2023 | 2023-09-30 | $136.2M | $12.3M | +9.93% |
| Q2 2023 | 2023-06-30 | $123.5M | $8.9M | +7.81% |
| Q1 2023 | 2023-03-31 | $123.3M | $8.3M | +7.24% |
| Q4 2022 | 2022-12-31 | $152.4M | −$6.5M | −4.10% |
| Q3 2022 | 2022-09-30 | $123.9M | $14.2M | +12.95% |
| Q2 2022 | 2022-06-30 | $114.5M | $4.0M | +3.58% |
| Q1 2022 | 2022-03-31 | $115.0M | $5.3M | +4.83% |
| Q4 2021 | 2021-12-31 | $158.9M | $46.6M | +41.51% |
| Q3 2021 | 2021-09-30 | $109.7M | −$350,000 | −0.32% |
| Q2 2021 | 2021-06-30 | $110.6M | −$74,000 | −0.07% |
| Q1 2021 | 2021-03-31 | $109.7M | −$3.7M | −3.23% |
| Q4 2020 | 2020-12-31 | $112.3M | −$2.5M | −2.16% |
| Q3 2020 | 2020-09-30 | $110.0M | −$1.1M | −1.03% |
| Q2 2020 | 2020-06-30 | $110.6M | $1.0M | +0.94% |
| Q1 2020 | 2020-03-31 | $113.3M | $8.0M | +7.54% |
| Q4 2019 | 2019-12-31 | $114.8M | $8.0M | +7.54% |
| Q3 2019 | 2019-09-30 | $111.2M | $13.1M | +13.36% |
| Q2 2019 | 2019-06-30 | $109.6M | $6.4M | +6.15% |
| Q1 2019 | 2019-03-31 | $105.4M | $3.1M | +3.04% |
| Q4 2018 | 2018-12-31 | $106.7M | −$49.0M | −31.46% |
| Q3 2018 | 2018-09-30 | $98.0M | −$10.8M | −9.91% |
| Q2 2018 | 2018-06-30 | $103.3M | −$9.9M | −8.78% |
| Q1 2018 | 2018-03-31 | $102.3M | −$12.9M | −11.18% |
| Q4 2017 | 2017-12-31 | $155.7M | $38.4M | +32.76% |
| Q3 2017 | 2017-09-30 | $108.8M | −$26.7M | −19.68% |
| Q2 2017 | 2017-06-30 | $113.2M | −$7.3M | −6.08% |
| Q1 2017 | 2017-03-31 | $115.2M | $3.5M | +3.16% |
| Q4 2016 | 2016-12-31 | $117.3M | $3.6M | +3.19% |
| Q3 2016 | 2016-09-30 | $135.5M | −$14.5M | −9.64% |
| Q2 2016 | 2016-06-30 | $120.5M | −$5.4M | −4.28% |
| Q1 2016 | 2016-03-31 | $111.6M | −$9.9M | −8.15% |
| Q4 2015 | 2015-12-31 | $113.7M | −$4.3M | −3.62% |
| Q3 2015 | 2015-09-30 | $149.9M | $32.5M | +27.68% |
| Q2 2015 | 2015-06-30 | $125.9M | $13.9M | +12.40% |
| Q1 2015 | 2015-03-31 | $121.5M | $10.5M | +9.46% |
| Q4 2014 | 2014-12-31 | $117.9M | $11.6M | +10.88% |
| Q3 2014 | 2014-09-30 | $117.4M | $9.5M | +8.78% |
| Q2 2014 | 2014-06-30 | $112.0M | $12.2M | +12.17% |
| Q1 2014 | 2014-03-31 | $111.0M | $16.5M | +17.46% |
| Q4 2013 | 2013-12-31 | $106.4M | $12.6M | +13.40% |
| Q3 2013 | 2013-09-30 | $108.0M | $8.9M | +8.97% |
| Q2 2013 | 2013-06-30 | $99.9M | $3.9M | +4.08% |
| Q1 2013 | 2013-03-31 | $94.5M | −$1.9M | −1.95% |
| Q4 2012 | 2012-12-31 | $93.8M | −$1.5M | −1.61% |
| Q3 2012 | 2012-09-30 | $99.1M | $2.9M | +3.06% |
| Q2 2012 | 2012-06-30 | $96.0M | −$4.1M | −4.07% |
| Q1 2012 | 2012-03-31 | $96.4M | $5.6M | +6.18% |
| Q4 2011 | 2011-12-31 | $95.3M | — | — |
| Q3 2011 | 2011-09-30 | $96.1M | $11.5M | +13.60% |
| Q2 2011 | 2011-06-30 | $100.0M | $516,000 | +0.52% |
| Q1 2011 | 2011-03-31 | $90.8M | — | — |
| Q3 2010 | 2010-09-30 | $84.6M | — | — |
| Q2 2010 | 2010-06-30 | $99.5M | — | — |
Piedmont Realty Trust operating expenses trends
Over the last five fiscal years, Piedmont Realty Trust's operating expenses increased from $446.3M to $485.5M, a change of $39.3M. The latest reported quarter, Q2 2026, shows $67.5M.
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 Piedmont Realty Trust source filings ↗