H World (HTHT) Cost of Revenue (2009 - 2026)
H World (HTHT) posted quarterly Cost of Revenue of $529.0 million for Q1 2026, up 6.44% year-over-year from $497.0 million in Q1 2025, and down 5.54% quarter-over-quarter from $560.0 million in Q4 2025.
H World (HTHT) Cost of Revenue (2009 - 2026) Analysis & Trends
H World (HTHT) has reported Cost of Revenue for 18 consecutive years, with $529.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Cost of Revenue rose 6.44% year-over-year to $529.0 million; the TTM figure through Mar 2026 stood at $2.2 billion (up 2.73% YoY), while the FY2025 annual figure was $2.2 billion, up 4.78% from the prior year.
- Cost of Revenue eased to $529.0 million in Q1 2026 per HTHT's latest filing, from $560.0 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $574.0 million in Q4 2024 and bottomed at $428.0 million in Q3 2022.
- Historically, Cost of Revenue has averaged $507.1 million across 5 years, with a median of $497.0 million in 2025.
- On a YoY basis, Cost of Revenue climbed as much as 18.13% in 2022 and fell as far as 4.03% in 2022.
- H World's Cost of Revenue stood at $496.0 million in 2022, then climbed by 13.51% to $563.0 million in 2023, then rose by 1.95% to $574.0 million in 2024, then dropped by 2.44% to $560.0 million in 2025, then dropped by 5.54% to $529.0 million in 2026.
- Business Quant data shows HTHT's Cost of Revenue at $529.0 million in Q1 2026, $560.0 million in Q4 2025, and $570.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 93.02 Bn | 92.56 Bn | 1.97 Bn | 5.10 Bn |
| 2 | Hilton Worldwide Holdings | 73.87 Bn | 72.89 Bn | 3.08 Bn | 266.00 Mn |
| 3 | Hyatt Hotels | 17.07 Bn | 16.78 Bn | 809.00 Mn | 1.02 Bn |
| 4 | H World | 12.87 Bn | 11.09 Bn | 337.97 Mn | 529.00 Mn |
| 5 | Atour Lifestyle Holdings | 8.56 Bn | -826.02 Bn | 242.81 Mn | 164.74 Mn |
| 6 | Wyndham Hotels & Resorts | 5.47 Bn | 5.40 Bn | 349.00 Mn | 26.00 Mn |
| 7 | Choice Hotels International | 4.72 Bn | 4.68 Bn | 243.10 Mn | 197.67 Mn |
| 8 | Civeo | 364.78 Mn | 344.17 Mn | 41.41 Mn | 138.61 Mn |
| 9 | Intercontinental Hotels | 115.49 Mn | -4.73 Bn | - | - |
| 10 | GreenTree Hospitality | 112.00 Mn | 4,368.01 Bn | 32.55 Mn | 464,684.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 529.00 Mn |
| Mar 31, 2026 | 529.00 Mn |
| Dec 31, 2025 | 560.00 Mn |
| Dec 31, 2025 | 560.00 Mn |
| Sep 30, 2025 | 570.00 Mn |
| Sep 30, 2025 | 570.00 Mn |
| Jun 30, 2025 | 523.00 Mn |
| Jun 30, 2025 | 523.00 Mn |
| Mar 31, 2025 | 497.00 Mn |
| Mar 31, 2025 | 497.00 Mn |
| Dec 31, 2024 | 574.00 Mn |
| Dec 31, 2024 | 574.00 Mn |
| Sep 30, 2024 | 541.00 Mn |
| Sep 30, 2024 | 541.00 Mn |
| Jun 30, 2024 | 512.00 Mn |
| Jun 30, 2024 | 512.00 Mn |
| Mar 31, 2024 | 494.00 Mn |
| Mar 31, 2024 | 494.00 Mn |
| Dec 31, 2023 | 563.00 Mn |
| Dec 31, 2023 | 563.00 Mn |