GreenTree Hospitality (GHG) Operating Expenses (2017 - 2026)
GreenTree Hospitality (GHG) posted quarterly Operating Expenses of -$29.8 million for Q1 2026, up 15.82% year-over-year from -$25.7 million in Q1 2025, and up 40.91% quarter-over-quarter from -$50.4 million in Q4 2025.
GreenTree Hospitality (GHG) Operating Expenses (2017 - 2026) Analysis & Trends
GreenTree Hospitality's Operating Expenses history runs 10 years deep, the most recent figure standing at -$29.8 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 15.82% year-over-year to -$29.8 million; the TTM figure through Mar 2026 stood at -$148.2 million (up 12.01% YoY), while the FY2025 annual figure was -$159.9 million, down 2623.03% from the prior year.
- Operating Expenses for Q1 2026 stood at -$29.8 million, up from -$50.4 million in the prior quarter.
- The five-year high for Operating Expenses was -$29.8 million in Q1 2026, with the low at -$70.1 million in Q4 2022.
- The 5-year median for Operating Expenses is -$44.4 million (2023), against an average of -$45.1 million.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses tumbled 62.35% in 2022, then advanced 27.55% in 2023.
- GreenTree Hospitality's Operating Expenses stood at -$70.1 million in 2022, then rose by 27.55% to -$50.8 million in 2023, then declined by 11.28% to -$56.5 million in 2024, then gained by 10.74% to -$50.4 million in 2025, then jumped by 40.91% to -$29.8 million in 2026.
- Business Quant data shows GHG's Operating Expenses at -$29.8 million in Q1 2026, -$50.4 million in Q4 2025, and -$33.9 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 93.02 Bn | 92.56 Bn | 1.97 Bn | 5.84 Bn |
| 2 | Hilton Worldwide Holdings | 73.87 Bn | 72.89 Bn | 3.08 Bn | 2.48 Bn |
| 3 | Hyatt Hotels | 17.07 Bn | 16.78 Bn | 809.00 Mn | 1.70 Bn |
| 4 | H World | 12.87 Bn | 11.09 Bn | 337.97 Mn | -656.00 Mn |
| 5 | Atour Lifestyle Holdings | 8.56 Bn | -826.02 Bn | 242.81 Mn | -324.67 Mn |
| 6 | Wyndham Hotels & Resorts | 5.47 Bn | 5.40 Bn | 349.00 Mn | 201.00 Mn |
| 7 | Choice Hotels International | 4.72 Bn | 4.68 Bn | 243.10 Mn | 336.62 Mn |
| 8 | Civeo | 364.78 Mn | 344.17 Mn | 41.41 Mn | 174.93 Mn |
| 9 | Intercontinental Hotels | 115.49 Mn | -4.73 Bn | - | - |
| 10 | GreenTree Hospitality | 112.00 Mn | 4,368.01 Bn | 32.55 Mn | -29.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -29.80 Mn |
| Dec 31, 2025 | -50.43 Mn |
| Sep 30, 2025 | -33.86 Mn |
| Jun 30, 2025 | -34.16 Mn |
| Mar 31, 2025 | -35.40 Mn |
| Dec 31, 2024 | -56.50 Mn |
| Sep 30, 2024 | -37.80 Mn |
| Jun 30, 2024 | -38.78 Mn |
| Mar 31, 2024 | -39.08 Mn |
| Dec 31, 2023 | -50.77 Mn |
| Sep 30, 2023 | -44.44 Mn |
| Jun 30, 2023 | -46.81 Mn |
| Mar 31, 2023 | -48.25 Mn |
| Dec 31, 2022 | -70.08 Mn |
| Sep 30, 2022 | -59.61 Mn |
| Dec 31, 2021 | -43.16 Mn |
| Sep 30, 2021 | -40.16 Mn |
| Jun 30, 2021 | -40.26 Mn |
| Mar 31, 2021 | -30.17 Mn |
| Dec 31, 2020 | -26.83 Mn |