Ryanair Holdings (RYAAY) Operating Expenses (2009 - 2026)
Ryanair Holdings' Operating Expenses came in at $4.43 billion for the quarter ended Jun 30, 2026, up 14.2% from $3.88 billion a year earlier.
Ryanair Holdings (RYAAY) Operating Expenses (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Ryanair Holdings reported Operating Expenses of -$15.03 billion; for the year ended Mar 31, 2026, it was -$15.17 billion.
- Going back by year, Operating Expenses was -$12.39 billion in the year ended Mar 31, 2025, -$11.38 billion in the year ended Mar 31, 2024, -$9.33 billion in the year ended Mar 31, 2023 and -$5.14 billion in the year ended Mar 31, 2022.
- The figure for the quarter ended Jun 30, 2026 represents the highest quarterly Operating Expenses since the quarter ended Dec 31, 2019.
- Across the past five years, year-over-year growth in Operating Expenses ran from 7.0% in the quarter ended Dec 31, 2024 to 212.7% in the quarter ended Jun 30, 2022.
- Business Quant data shows RYAAY's Operating Expenses at -$27.31 billion (quarter ended Mar 31, 2026), $3.72 billion (quarter ended Dec 31, 2025) and $4.13 billion (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.83 Bn | 157.35 Bn | - | 4.10 Bn |
| 2 | Csx | 86.94 Bn | 83.15 Bn | - | 2.43 Bn |
| 3 | Canadian Pacific Kansas City | 76.07 Bn | 75.78 Bn | - | 1.95 Bn |
| 4 | United Parcel Service | 70.39 Bn | 47.31 Bn | - | 21.90 Bn |
| 5 | Norfolk Southern | 70.35 Bn | 64.99 Bn | - | 2.34 Bn |
| 6 | Fedex | 68.01 Bn | 33.95 Bn | - | 23.46 Bn |
| 7 | Delta Air Lines | 55.83 Bn | 38.01 Bn | - | 17.89 Bn |
| 8 | Old Dominion Freight Line | 36.82 Bn | 36.08 Bn | - | 1.09 Bn |
| 9 | Ryanair Holdings | 28.96 Bn | 12.97 Bn | 3.13 Bn | 4.43 Bn |
| 10 | Copart | 25.14 Bn | 9.56 Bn | 645.66 Mn | 783.54 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.43 Bn |
| Mar 31, 2026 | -27.31 Bn |
| Dec 31, 2025 | 3.72 Bn |
| Sep 30, 2025 | 4.13 Bn |
| Jun 30, 2025 | 3.88 Bn |
| Mar 31, 2025 | -23.14 Bn |
| Dec 31, 2024 | 3.13 Bn |
| Sep 30, 2024 | 3.75 Bn |
| Jun 30, 2024 | 3.51 Bn |
| Mar 31, 2024 | -22.01 Bn |
| Dec 31, 2023 | 2.92 Bn |
| Sep 30, 2023 | 3.51 Bn |
| Jun 30, 2023 | 3.20 Bn |
| Mar 31, 2023 | -17.81 Bn |
| Dec 31, 2022 | 2.20 Bn |
| Sep 30, 2022 | 2.76 Bn |
| Jun 30, 2022 | 2.54 Bn |
| Mar 31, 2022 | -10.03 Bn |
| Dec 31, 2021 | 1.82 Bn |
| Sep 30, 2021 | 1.80 Bn |
Ryanair Holdings Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=RYAAY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "RYAAY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=RYAAY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();