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| Date | Value |
|---|---|
| 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 |