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
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