H World (HTHT) Operating Expenses (2009 - 2026)
H World (HTHT) reported Operating Expenses of -$656.0 million for Q1 2026, down 8.79% year-over-year from -$719.2 million in Q1 2025, and up 5.88% quarter-over-quarter from -$697.0 million in Q4 2025.
H World (HTHT) Operating Expenses (2009 - 2026) Analysis & Trends
H World (HTHT) has 18 years of Operating Expenses data on file, last reported at -$656.0 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at -$656.0 million, down 8.79% year-over-year; the trailing twelve-month figure through Mar 2026 was -$2.7 billion (down 2.57% YoY), and the FY2025 annual result was $2.7 billion, up 3.91% from the prior year.
- Operating Expenses rose to -$656.0 million in Q1 2026 per HTHT's latest filing, from -$697.0 million in the prior quarter.
- Over five years, Operating Expenses peaked at -$516.0 million in Q3 2022 and troughed at -$715.0 million in Q4 2024.
- A 5-year average of -$623.4 million and a median of -$610.0 million in 2023 frame the typical range for Operating Expenses.
- On a YoY basis, Operating Expenses climbed as much as 2.96% in 2022 and fell as far as 95027524.31% in 2022.
- A 5-year view of Operating Expenses shows it stood at -$590.0 million in 2022, then dropped by 18.81% to -$701.0 million in 2023, then retreated by 2.0% to -$715.0 million in 2024, then climbed by 2.52% to -$697.0 million in 2025, then gained by 5.88% to -$656.0 million in 2026.
- Business Quant data shows HTHT's Operating Expenses at -$656.0 million in Q1 2026, -$697.0 million in Q4 2025, and -$699.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 106.28 Bn | 105.82 Bn | 6.38 Bn | 5.59 Bn |
| 2 | Hilton Worldwide Holdings | 80.50 Bn | 79.97 Bn | - | 2.26 Bn |
| 3 | Intercontinental Hotels | 26.35 Bn | 25.21 Bn | - | - |
| 4 | Hyatt Hotels | 18.67 Bn | 18.32 Bn | 1.75 Bn | 1.63 Bn |
| 5 | Wyndham Hotels & Resorts | 6.42 Bn | 6.34 Bn | 302.00 Mn | 213.00 Mn |
| 6 | Choice Hotels International | 5.30 Bn | 5.26 Bn | 316.92 Mn | 280.54 Mn |
| 7 | Atour Lifestyle Holdings | 2.06 Bn | -359.74 Bn | 241.80 Mn | -324.67 Mn |
| 8 | Civeo | 370.36 Mn | 353.81 Mn | 40.16 Mn | 169.54 Mn |
| 9 | GreenTree Hospitality | 5.49 Mn | -227.74 Mn | 26.57 Mn | -50.43 Mn |
| 10 | H World | 1,693.88 | -1.44 Bn | 824.36 Mn | -656.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -656.00 Mn |
| Dec 31, 2025 | -697.00 Mn |
| Sep 30, 2025 | -699.00 Mn |
| Jun 30, 2025 | -662.00 Mn |
| Mar 31, 2025 | -603.00 Mn |
| Dec 31, 2024 | -715.00 Mn |
| Sep 30, 2024 | -685.00 Mn |
| Jun 30, 2024 | -643.00 Mn |
| Mar 31, 2024 | -602.00 Mn |
| Dec 31, 2023 | -701.00 Mn |
| Sep 30, 2023 | -610.00 Mn |
| Jun 30, 2023 | -585.00 Mn |
| Mar 31, 2023 | -566.00 Mn |
| Dec 31, 2022 | -590.00 Mn |
| Sep 30, 2022 | -516.00 Mn |
| Jun 30, 2022 | -526.00 Mn |
| Mar 31, 2022 | -542.00 Mn |
| Dec 31, 2021 | -608.00 Mn |
| Sep 30, 2021 | -543.00 |
| Jun 30, 2021 | -515.00 Mn |