STAG Industrial Operating Expenses Growth & History (STAG)
STAG Industrial's operating expenses was $528.2M for fiscal 2025.
View full STAG Industrial company overviewSTAG Industrial annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $528.2M | $23.8M | +4.73% |
| 2024 | 2024-12-31 | $504.4M | $34.2M | +7.27% |
| 2023 | 2023-12-31 | $470.2M | $16.4M | +3.61% |
| 2022 | 2022-12-31 | $453.8M | $55.7M | +13.98% |
| 2021 | 2021-12-31 | $398.2M | $46.4M | +13.20% |
| 2020 | 2020-12-31 | $351.8M | $43.7M | +14.17% |
| 2019 | 2019-12-31 | $308.1M | $30.0M | +10.77% |
| 2018 | 2018-12-31 | $278.1M | $27.5M | +10.97% |
| 2017 | 2017-12-31 | $250.7M | $20.4M | +8.84% |
| 2016 | 2016-12-31 | $230.3M | $13.4M | +6.19% |
| 2015 | 2015-12-31 | $216.9M | $61.4M | +39.45% |
| 2014 | 2014-12-31 | $155.5M | $42.0M | +37.04% |
| 2013 | 2013-12-31 | $113.5M | $38.4M | +51.18% |
| 2012 | 2012-12-31 | $75.1M | $34.6M | +85.70% |
| 2011 | 2011-12-31 | $40.4M | — | — |
STAG Industrial quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $95.8M | −$32.8M | −25.52% |
| Q1 2026 | 2026-03-31 | $140.2M | $8.7M | +6.65% |
| Q4 2025 | 2025-12-31 | $137.3M | $10.1M | +7.95% |
| Q3 2025 | 2025-09-30 | $130.9M | $7.8M | +6.36% |
| Q2 2025 | 2025-06-30 | $128.6M | −$1.5M | −1.18% |
| Q1 2025 | 2025-03-31 | $131.5M | $7.4M | +6.00% |
| Q4 2024 | 2024-12-31 | $127.2M | $7.1M | +5.91% |
| Q3 2024 | 2024-09-30 | $123.0M | $7.0M | +6.02% |
| Q2 2024 | 2024-06-30 | $130.1M | $16.6M | +14.58% |
| Q1 2024 | 2024-03-31 | $124.0M | $3.5M | +2.93% |
| Q4 2023 | 2023-12-31 | $120.1M | $1.9M | +1.62% |
| Q3 2023 | 2023-09-30 | $116.1M | $3.3M | +2.90% |
| Q2 2023 | 2023-06-30 | $113.6M | $2.7M | +2.40% |
| Q1 2023 | 2023-03-31 | $120.5M | $8.5M | +7.62% |
| Q4 2022 | 2022-12-31 | $118.2M | $14.3M | +13.76% |
| Q3 2022 | 2022-09-30 | $112.8M | $13.3M | +13.38% |
| Q2 2022 | 2022-06-30 | $110.9M | $15.1M | +15.81% |
| Q1 2022 | 2022-03-31 | $112.0M | $12.9M | +13.02% |
| Q4 2021 | 2021-12-31 | $103.9M | $9.5M | +10.03% |
| Q3 2021 | 2021-09-30 | $99.5M | $11.6M | +13.19% |
| Q2 2021 | 2021-06-30 | $95.8M | $11.8M | +14.03% |
| Q1 2021 | 2021-03-31 | $99.1M | $13.6M | +15.87% |
| Q4 2020 | 2020-12-31 | $94.4M | $12.5M | +15.30% |
| Q3 2020 | 2020-09-30 | $87.9M | $9.0M | +11.44% |
| Q2 2020 | 2020-06-30 | $84.0M | $13.4M | +18.97% |
| Q1 2020 | 2020-03-31 | $85.5M | $8.7M | +11.35% |
| Q4 2019 | 2019-12-31 | $81.9M | $9.1M | +12.55% |
| Q3 2019 | 2019-09-30 | $78.9M | $8.3M | +11.70% |
| Q2 2019 | 2019-06-30 | $70.6M | $5.2M | +8.03% |
| Q1 2019 | 2019-03-31 | $76.8M | $7.3M | +10.56% |
| Q4 2018 | 2018-12-31 | $72.8M | $6.3M | +9.49% |
| Q3 2018 | 2018-09-30 | $70.6M | $7.2M | +11.34% |
| Q2 2018 | 2018-06-30 | $65.4M | $3.8M | +6.21% |
| Q1 2018 | 2018-03-31 | $69.4M | $10.2M | +17.17% |
| Q4 2017 | 2017-12-31 | $66.5M | $5.1M | +8.35% |
| Q3 2017 | 2017-09-30 | $63.4M | $10.8M | +20.54% |
| Q2 2017 | 2017-06-30 | $61.5M | −$600,000 | −0.97% |
| Q1 2017 | 2017-03-31 | $59.3M | $5.0M | +9.27% |
| Q4 2016 | 2016-12-31 | $61.3M | −$9.0M | −12.80% |
| Q3 2016 | 2016-09-30 | $52.6M | −$392,000 | −0.74% |
| Q2 2016 | 2016-06-30 | $62.1M | $13.0M | +26.45% |
| Q1 2016 | 2016-03-31 | $54.2M | $9.8M | +22.13% |
| Q4 2015 | 2015-12-31 | $70.3M | $25.2M | +55.89% |
| Q3 2015 | 2015-09-30 | $53.0M | $15.2M | +40.39% |
| Q2 2015 | 2015-06-30 | $49.1M | $10.6M | +27.49% |
| Q1 2015 | 2015-03-31 | $44.4M | $10.3M | +30.19% |
| Q4 2014 | 2014-12-31 | $45.1M | $14.2M | +46.15% |
| Q3 2014 | 2014-09-30 | $37.8M | $8.7M | +30.13% |
| Q2 2014 | 2014-06-30 | $38.5M | $10.8M | +39.07% |
| Q1 2014 | 2014-03-31 | $34.1M | $8.2M | +31.76% |
| Q4 2013 | 2013-12-31 | $30.9M | $5.8M | +23.25% |
| Q3 2013 | 2013-09-30 | $29.0M | $11.1M | +61.98% |
| Q2 2013 | 2013-06-30 | $27.7M | $10.6M | +61.76% |
| Q1 2013 | 2013-03-31 | $25.9M | $10.9M | +72.87% |
| Q4 2012 | 2012-12-31 | $25.0M | — | — |
| Q3 2012 | 2012-09-30 | $17.9M | $4.7M | +35.84% |
| Q2 2012 | 2012-06-30 | $17.1M | $6.7M | +64.42% |
| Q1 2012 | 2012-03-31 | $15.0M | — | — |
| Q3 2011 | 2011-09-30 | $13.2M | — | — |
| Q2 2011 | 2011-06-30 | $10.4M | — | — |
STAG Industrial operating expenses trends
Over the last five fiscal years, STAG Industrial's operating expenses increased from $351.8M to $528.2M, a change of $176.5M. The latest reported quarter, Q2 2026, shows $95.8M.
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 STAG Industrial source filings ↗