H World (HTHT) Operating Expenses (2009 - 2026)

H World's (HTHT) quarterly Operating Expenses came in at -$656.0 million in Q1 2026, down 8.79% year-on-year from -$719.2 million in Q1 2025, and up 5.88% on a QoQ basis 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.

  • On a quarterly basis, Operating Expenses fell 8.79% year-over-year to -$656.0 million in Q1 2026; TTM through Mar 2026 was -$2.7 billion, a 2.57% decrease from a year earlier, with the FY2025 full-year figure at $2.7 billion, up 3.91% from the prior year.
  • Operating Expenses for Q1 2026 stood at -$656.0 million, up from -$697.0 million in the prior quarter.
  • Over the last five years, Operating Expenses for HTHT reached as high as -$516.0 million in Q3 2022 and fell as low as -$715.0 million in Q4 2024.
  • Historically, Operating Expenses has averaged -$623.4 million across 5 years, with a median of -$610.0 million in 2023.
  • On a YoY basis, Operating Expenses climbed as much as 2.96% in 2022 and fell as far as 95027524.31% in 2022.
  • Year by year, Operating Expenses stood at -$590.0 million in 2022, then retreated by 18.81% to -$701.0 million in 2023, then dropped by 2.0% to -$715.0 million in 2024, then rose by 2.52% to -$697.0 million in 2025, then grew by 5.88% to -$656.0 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were -$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 Intercontinental Hotels 24,088,955.24 Bn 24,088,950.39 Bn - -
2 Marriott International 96.11 Bn 95.65 Bn 6.38 Bn 5.59 Bn
3 Hilton Worldwide Holdings 73.11 Bn 73.08 Bn 2.70 Bn 2.26 Bn
4 Hyatt Hotels 17.34 Bn 16.99 Bn 1.75 Bn 1.63 Bn
5 Atour Lifestyle Holdings 12.95 Bn -818.18 Bn 241.80 Mn -324.67 Mn
6 Wyndham Hotels & Resorts 5.54 Bn 5.46 Bn 349.00 Mn 201.00 Mn
7 Choice Hotels International 4.94 Bn 4.90 Bn 316.92 Mn 280.54 Mn
8 H World 1.80 Bn 19.15 Mn 337.97 Mn -656.00 Mn
9 Civeo 398.09 Mn 381.54 Mn 40.16 Mn 169.54 Mn
10 Mdjm 2,036.85 -698,442.15 - -

Historic Data

Download Data
DateValue
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