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.
Powered by 
Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 170.80 Bn | 165.33 Bn | - | 4.10 Bn |
| 2 | Csx | 89.17 Bn | 85.38 Bn | - | 2.43 Bn |
| 3 | United Parcel Service | 83.81 Bn | 60.70 Bn | - | 21.90 Bn |
| 4 | Canadian Pacific Kansas City | 77.31 Bn | 76.33 Bn | - | 1.95 Bn |
| 5 | Norfolk Southern | 73.23 Bn | 67.87 Bn | - | 2.34 Bn |
| 6 | Fedex | 70.82 Bn | 36.77 Bn | - | 23.46 Bn |
| 7 | Delta Air Lines | 50.27 Bn | 32.46 Bn | - | 18.73 Bn |
| 8 | Old Dominion Freight Line | 39.09 Bn | 38.36 Bn | - | 1.09 Bn |
| 9 | United Airlines Holdings | 31.83 Bn | -24.55 Bn | - | 16.58 Bn |
| 10 | Ryanair Holdings | 28.53 Bn | 12.18 Bn | - | 4.43 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.43 Bn |
| Mar 31, 2026 | 3.53 Bn |
| Dec 31, 2025 | 3.72 Bn |
| Sep 30, 2025 | 4.13 Bn |
| Jun 30, 2025 | 3.88 Bn |
| Mar 31, 2025 | 2.93 Bn |
| Dec 31, 2024 | 3.13 Bn |
| Sep 30, 2024 | 3.75 Bn |
| Jun 30, 2024 | 3.51 Bn |
| Mar 31, 2024 | 2.72 Bn |
| Dec 31, 2023 | 2.92 Bn |
| Sep 30, 2023 | 3.51 Bn |
| Jun 30, 2023 | 3.20 Bn |
| Mar 31, 2023 | 2.22 Bn |
| Dec 31, 2022 | 2.20 Bn |
| Sep 30, 2022 | 2.76 Bn |
| Jun 30, 2022 | 2.54 Bn |
| Mar 31, 2022 | 1.51 Bn |
| Dec 31, 2021 | 1.82 Bn |
| Sep 30, 2021 | 1.80 Bn |
API Access
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_KEYimport 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();