Ryanair Holdings (RYAAY) Operating Expenses (2009 - 2026)

Ryanair Holdings has reported Operating Expenses for 18 years, with the latest figure at $4.4 billion in Q2 2026.

• On a quarterly basis, Operating Expenses rose 14.21% year-over-year to $4.4 billion in Q2 2026; TTM through Jun 2026 was -$15.0 billion, a 21.39% decrease from a year earlier, with the FY2026 full-year figure at -$15.3 billion, down 14.7% from the prior year.
• Operating Expenses was $4.4 billion for Q2 2026 at Ryanair Holdings, up from -$27.3 billion in the prior quarter.
• The five-year high for Operating Expenses was $4.4 billion in Q2 2026, with the low at -$27.3 billion in Q1 2026.
• Average Operating Expenses over 5 years is -$3.1 billion, with a median of $3.0 billion recorded in 2023.
• The sharpest annual moves came in 2022 and 2023: Operating Expenses surged 212.67% in 2022, then tumbled 77.66% in 2023.
• Over 5 years, Operating Expenses stood at $2.2 billion in 2022, then surged by 32.64% to $2.9 billion in 2023, then increased by 6.96% to $3.1 billion in 2024, then gained by 18.96% to $3.7 billion in 2025, then climbed by 19.0% to $4.4 billion in 2026.
• The last three Operating Expenses figures came in at $4.4 billion (Q2 2026), -$27.3 billion (Q1 2026), and $3.7 billion (Q4 2025), per Business Quant data.