H World HTHT
NASDAQ HTHT
$45.77 -0.57 (-1.23%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

H World's (HTHT) quarterly Operating Expenses came in at -$753.0 million in Q2 2026, down 13.75% year-over-year from -$873.0 million in Q2 2025, and down 14.79% quarter-over-quarter from -$656.0 million in Q1 2026.

Analysis

H World (HTHT) Operating Expenses (2009 - 2026) Analysis & Trends

H World (HTHT) has reported Operating Expenses for 18 consecutive years, with -$753.0 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Expenses fell 13.75% year-over-year to -$753.0 million in Q2 2026; TTM through Jun 2026 was -$2.8 billion, a 5.25% decrease from a year earlier, with the FY2025 full-year figure at $2.7 billion, up 3.91% from the prior year.
  • Operating Expenses was -$753.0 million for Q2 2026 at H World, down from -$656.0 million in the prior quarter.
  • Over five years, Operating Expenses peaked at -$516.0 million in Q3 2022 and troughed at -$753.0 million in Q2 2026.
  • A 5-year average of -$630.6 million and a median of -$626.5 million in 2023 frame the typical range for Operating Expenses.
  • The widest YoY moves for Operating Expenses: up 4.38% in 2022, down 21.52% in 2022.
  • Over 5 years, Operating Expenses stood at -$590.0 million in 2022, then slipped by 18.81% to -$701.0 million in 2023, then fell by 2.0% to -$715.0 million in 2024, then advanced by 2.52% to -$697.0 million in 2025, then retreated by 8.03% to -$753.0 million in 2026.
  • The last three Operating Expenses figures came in at -$753.0 million (Q2 2026), -$656.0 million (Q1 2026), and -$697.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Marriott International 87.75 Bn 87.29 Bn 1.97 Bn 5.84 Bn
2 Hilton Worldwide Holdings 70.18 Bn 69.20 Bn 3.08 Bn 2.48 Bn
3 Hyatt Hotels 15.65 Bn 15.36 Bn 809.00 Mn 1.70 Bn
4 H World 14.06 Bn 11.97 Bn 453.94 Mn -753.00 Mn
5 Atour Lifestyle Holdings 8.60 Bn 7.76 Bn 511.83 Mn 80.75 Mn
6 Wyndham Hotels & Resorts 5.33 Bn 5.26 Bn 349.00 Mn 201.00 Mn
7 Choice Hotels International 4.55 Bn 4.50 Bn 243.10 Mn 336.62 Mn
8 Hotel101 Global Holdings 1.22 Bn 1.20 Bn - -
9 Studio City International Holdings 329.33 Mn 206.54 Mn 144.08 Mn -14.78 Mn
10 GreenTree Hospitality 113.35 Mn 117.86 Mn 34.50 Mn -27.95 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -753.00 Mn
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 -539.64 Mn