GreenTree Hospitality Group Ltd. (GHG) Operating Expenses (2017 - 2026)

GreenTree Hospitality's (GHG) quarterly Operating Expenses came in at -$29.8 million in Q1 2026, up 15.82% year-on-year from -$25.7 million in Q1 2025, and up 40.91% quarter-over-quarter from -$50.4 million in Q4 2025.

GreenTree Hospitality Group Ltd. (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.

  • On a quarterly basis, Operating Expenses rose 15.82% year-over-year to -$29.8 million in Q1 2026; TTM through Mar 2026 was -$148.2 million, a 12.01% increase from a year earlier, with the FY2025 full-year figure at -$159.9 million, down 2623.03% from the prior year.
  • Operating Expenses rose to -$29.8 million in Q1 2026 per GHG's latest filing, from -$50.4 million in the prior quarter.
  • Across five years, Operating Expenses topped out at -$29.8 million in Q1 2026 and bottomed 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.
  • Across the five-year window, Operating Expenses plunged 62.35% in 2022 and increased 27.55% in 2023, its largest moves.
  • Year by year, Operating Expenses stood at -$70.1 million in 2022, then gained by 27.55% to -$50.8 million in 2023, then fell by 11.28% to -$56.5 million in 2024, then advanced by 10.74% to -$50.4 million in 2025, then surged by 40.91% to -$29.8 million in 2026.
  • Per Business Quant, the three latest GHG Operating Expenses figures stand at -$29.8 million (Q1 2026), -$50.4 million (Q4 2025), and -$33.9 million (Q3 2025).

Peer Comparison

Historic Data

Download Data
DateValue
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