Hilton Worldwide Holdings (HLT) Operating Expenses (2013 - 2026)
Hilton Worldwide Holdings (HLT) posted quarterly Operating Expenses of $2.5 billion for Q2 2026, up 5.26% year-over-year from $2.4 billion in Q2 2025, and up 9.92% quarter-over-quarter from $2.3 billion in Q1 2026.
Hilton Worldwide Holdings (HLT) Operating Expenses (2013 - 2026) Analysis & Trends
Hilton Worldwide Holdings (HLT) has reported Operating Expenses for 14 consecutive years, with $2.5 billion the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Expenses rose 5.26% year-over-year to $2.5 billion; the TTM figure through Jun 2026 stood at $9.6 billion (up 5.7% YoY), while the FY2025 annual figure was $9.3 billion, up 6.1% from the prior year.
- Operating Expenses rose to $2.5 billion in Q2 2026 per HLT's latest filing, from $2.3 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $2.5 billion in Q4 2025 and bottomed at $1.4 billion in Q1 2022.
- Historically, Operating Expenses has averaged $2.1 billion across 5 years, with a median of $2.2 billion in 2023.
- Annual changes were most pronounced in 2022 — Operating Expenses soared 58.5% — and 2024, when it increased 3.85%.
- Hilton Worldwide Holdings' Operating Expenses stood at $1.9 billion in 2022, then increased by 13.87% to $2.2 billion in 2023, then gained by 3.85% to $2.3 billion in 2024, then rose by 8.33% to $2.5 billion in 2025, then declined by 0.08% to $2.5 billion in 2026.
- Business Quant data shows HLT's Operating Expenses at $2.5 billion in Q2 2026, $2.3 billion in Q1 2026, and $2.5 billion in Q4 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 |
|---|---|
| Jun 30, 2026 | 2.48 Bn |
| Mar 31, 2026 | 2.26 Bn |
| Dec 31, 2025 | 2.49 Bn |
| Sep 30, 2025 | 2.34 Bn |
| Jun 30, 2025 | 2.36 Bn |
| Mar 31, 2025 | 2.16 Bn |
| Dec 31, 2024 | 2.29 Bn |
| Sep 30, 2024 | 2.24 Bn |
| Jun 30, 2024 | 2.23 Bn |
| Mar 31, 2024 | 2.05 Bn |
| Dec 31, 2023 | 2.21 Bn |
| Sep 30, 2023 | 2.02 Bn |
| Jun 30, 2023 | 1.99 Bn |
| Mar 31, 2023 | 1.80 Bn |
| Dec 31, 2022 | 1.94 Bn |
| Sep 30, 2022 | 1.75 Bn |
| Jun 30, 2022 | 1.64 Bn |
| Mar 31, 2022 | 1.35 Bn |
| Dec 31, 2021 | 1.50 Bn |
| Sep 30, 2021 | 1.31 Bn |