NextTrip (NTRP) Operating Expenses (2010 - 2026)

NextTrip (NTRP) reported Operating Expenses of $3.1 million for Q2 2026, down 33.27% on a YoY basis from $4.7 million in Q2 2025, and down 44.92% sequentially from $5.7 million in Q1 2026.

NextTrip (NTRP) Operating Expenses (2010 - 2026) Analysis & Trends

NextTrip (NTRP) has 17 years of Operating Expenses data on file, last reported at $3.1 million in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses fell 33.27% year-over-year to $3.1 million; the trailing twelve-month figure through May 2026 stood at $15.5 million (up 52.66% YoY), and the FY2026 full-year result was $17.0 million, up 129.45% from the prior year.
  • Operating Expenses declined to $3.1 million in Q2 2026, from $5.7 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $5.7 million in Q1 2026 to a low of $1.0 million in Q2 2023.
  • A 5-year average of $2.5 million and a median of $2.3 million in 2022 frame the typical range for Operating Expenses.
  • Peak annual rise in Operating Expenses reached 156.56% in 2026, while the deepest fall reached 33.27% in 2026.
  • Tracing NTRP's Operating Expenses over 5 years: stood at $2.1 million in 2022, then plunged by 38.16% to $1.3 million in 2023, then soared by 38.95% to $1.8 million in 2024, then soared by 86.42% to $3.3 million in 2025, then dropped by 5.46% to $3.1 million in 2026.
  • Business Quant data shows NTRP's Operating Expenses at $3.1 million in Q2 2026, $5.7 million in Q1 2026, and $3.3 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Booking Holdings 136.54 Bn 120.51 Bn 3.46 Bn 4.26 Bn
2 Royal Caribbean Cruises 86.11 Bn 85.59 Bn 2.21 Bn 582.00 Mn
3 Airbnb 82.27 Bn 70.26 Bn 2.10 Bn 2.59 Bn
4 Yatra Online 55.46 Bn 55.47 Bn 10.44 Mn 379,000.00
5 Viking Holdings 44.18 Bn 40.37 Bn 713.43 Mn -352.87 Mn
6 Carnival 34.61 Bn 32.38 Bn - 4.23 Bn
7 Expedia 31.38 Bn 28.88 Bn 3.05 Bn 576.00 Mn
8 Norwegian Cruise Line Holdings 8.54 Bn 8.35 Bn 953.34 Mn 720.40 Mn
9 MakeMyTrip 5.02 Bn 4.60 Bn 199.14 Mn 105.66 Mn
10 NextTrip 408,610.45 -394,879.55 208,099.00 3.12 Mn

Historic Data

Download Data
DateValue
May 31, 2026 3.12 Mn
Feb 28, 2026 5.67 Mn
Nov 30, 2025 3.30 Mn
Aug 31, 2025 3.37 Mn
May 31, 2025 4.68 Mn
Feb 28, 2025 2.21 Mn
Nov 30, 2024 1.77 Mn
Aug 31, 2024 1.47 Mn
May 31, 2024 1.97 Mn
Feb 29, 2024 2.34 Mn
Nov 30, 2023 1.27 Mn
Aug 31, 2023 1.09 Mn
May 31, 2023 1.03 Mn
Dec 31, 2022 2.06 Mn
Sep 30, 2022 2.39 Mn
Jun 30, 2022 2.28 Mn
Mar 31, 2022 2.30 Mn
Dec 31, 2021 2.59 Mn
Sep 30, 2021 3.03 Mn
Jun 30, 2021 2.17 Mn