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| 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 |