Terra Property Trust Operating Expenses Growth & History (TPTS)
Terra Property Trust's operating expenses was $36.8M for fiscal 2025.
View full Terra Property Trust company overviewTerra Property Trust annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $36.8M | −$9.0M | −19.66% |
| 2024 | 2024-12-31 | $45.8M | −$46.6M | −50.48% |
| 2023 | 2023-12-31 | $92.4M | $46.6M | +101.81% |
| 2022 | 2022-12-31 | $45.8M | $6.9M | +17.66% |
| 2021 | 2021-12-31 | $38.9M | $12.2M | +45.93% |
| 2020 | 2020-12-31 | $26.7M | $4.1M | +17.96% |
| 2019 | 2019-12-31 | $22.6M | — | — |
Terra Property Trust quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $8.4M | −$2.7M | −24.16% |
| Q1 2026 | 2026-03-31 | $13.2M | $4.9M | +57.97% |
| Q4 2025 | 2025-12-31 | $10.5M | −$8.9M | −45.93% |
| Q3 2025 | 2025-09-30 | $6.8M | $1.2M | +21.54% |
| Q2 2025 | 2025-06-30 | $11.1M | $580,135 | +5.54% |
| Q1 2025 | 2025-03-31 | $8.4M | −$1.8M | −18.02% |
| Q4 2024 | 2024-12-31 | $19.5M | −$2.4M | −10.85% |
| Q3 2024 | 2024-09-30 | $5.6M | −$32.2M | −85.17% |
| Q2 2024 | 2024-06-30 | $10.5M | −$15.3M | −59.44% |
| Q1 2024 | 2024-03-31 | $10.2M | $3.2M | +46.35% |
| Q4 2023 | 2023-12-31 | $21.8M | $10.7M | +96.56% |
| Q3 2023 | 2023-09-30 | $37.8M | $20.9M | +123.90% |
| Q2 2023 | 2023-06-30 | $25.8M | $17.2M | +200.58% |
| Q1 2023 | 2023-03-31 | $7.0M | −$2.2M | −24.31% |
| Q4 2022 | 2022-12-31 | $11.1M | −$8.3M | −42.72% |
| Q3 2022 | 2022-09-30 | $16.9M | $10.0M | +146.59% |
| Q2 2022 | 2022-06-30 | $8.6M | $1.5M | +20.98% |
| Q1 2022 | 2022-03-31 | $9.2M | $3.6M | +65.24% |
| Q4 2021 | 2021-12-31 | $19.4M | $10.9M | +129.10% |
| Q3 2021 | 2021-09-30 | $6.8M | $498,312 | +7.86% |
| Q2 2021 | 2021-06-30 | $7.1M | $1.4M | +23.48% |
| Q1 2021 | 2021-03-31 | $5.6M | −$530,671 | −8.68% |
| Q4 2020 | 2020-12-31 | $8.5M | $3.1M | +56.81% |
| Q3 2020 | 2020-09-30 | $6.3M | $1.7M | +35.78% |
| Q2 2020 | 2020-06-30 | $5.8M | −$2.6M | −31.24% |
| Q1 2020 | 2020-03-31 | $6.1M | $1.9M | +46.30% |
| Q4 2019 | 2019-12-31 | $5.4M | — | — |
| Q3 2019 | 2019-09-30 | $4.7M | — | — |
| Q2 2019 | 2019-06-30 | $8.4M | — | — |
| Q1 2019 | 2019-03-31 | $4.2M | — | — |
Terra Property Trust operating expenses trends
Over the last five fiscal years, Terra Property Trust's operating expenses increased from $26.7M to $36.8M, a change of $10.1M. The latest reported quarter, Q2 2026, shows $8.4M.
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 Terra Property Trust source filings ↗