NextTrip (NTRP) Operating Expenses (2010 - 2026)

NextTrip's (NTRP) quarterly Operating Expenses came in at $5.7 million in Q1 2026, up 156.56% year-on-year from $2.2 million in Q1 2025, and up 71.65% quarter-over-quarter from $3.3 million in Q4 2025.

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

NextTrip has disclosed Operating Expenses across 17 years of filings, most recently posting $5.7 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $5.7 million, up 156.56% year-over-year; the trailing twelve-month figure through Feb 2026 was $17.0 million (up 129.45% YoY), and the FY2026 annual result was $17.0 million, up 129.45% from the prior year.
  • Operating Expenses came in at $5.7 million for Q1 2026 at NextTrip, up from $3.3 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.
  • The 5-year median for Operating Expenses is $2.2 million (2022), against an average of $2.5 million.
  • Across the five-year window, Operating Expenses retreated 20.94% in 2022 and soared 156.56% in 2026, its largest moves.
  • NextTrip's Operating Expenses stood at $2.1 million in 2022, then tumbled by 38.16% to $1.3 million in 2023, then jumped by 38.95% to $1.8 million in 2024, then jumped by 86.42% to $3.3 million in 2025, then surged by 71.65% to $5.7 million in 2026.
  • The last three Operating Expenses figures came in at $5.7 million (Q1 2026), $3.3 million (Q4 2025), and $3.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Booking Holdings 131.01 Bn 114.99 Bn 3.46 Bn 4.26 Bn
2 Airbnb 79.86 Bn 67.85 Bn 2.10 Bn 2.59 Bn
3 Royal Caribbean Cruises 75.60 Bn 75.08 Bn 2.21 Bn 582.00 Mn
4 Carnival 37.80 Bn 36.39 Bn - 3.94 Bn
5 Expedia 27.88 Bn 22.09 Bn 3.05 Bn 797.00 Mn
6 Norwegian Cruise Line Holdings 8.56 Bn 8.38 Bn 953.34 Mn 720.40 Mn
7 Global Business Travel 4.79 Bn 4.35 Bn 714.00 Mn 837.00 Mn
8 Travel & Leisure 4.51 Bn 4.25 Bn 926.00 Mn 802.00 Mn
9 Trip.com 4.42 Bn -788.25 Mn 1.74 Bn -1.38 Bn
10 NextTrip 21.97 Mn 21.97 Mn 230,527.00 5.67 Mn

Historic Data

Download Data
DateValue
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
Mar 31, 2021 1.78 Mn