Travel & Leisure (TNL) Operating Expenses (2010 - 2026)

Travel & Leisure's Operating Expenses history runs 17 years deep, the most recent figure standing at $457.0 million for Q2 2026.

• On a quarterly basis, Operating Expenses fell 43.72% year-over-year to $457.0 million in Q2 2026; TTM through Jun 2026 was $1.1 billion, a 59.45% decrease from a year earlier, with the FY2025 full-year figure at $1.8 billion, down 41.74% from the prior year.
• Operating Expenses retreated to $457.0 million in Q2 2026 per TNL's latest filing, from $802.0 million in the prior quarter.
• Across five years, Operating Expenses topped out at $812.0 million in Q2 2025 and bottomed at -$599.0 million in Q4 2023.
• The 5-year median for Operating Expenses is $462.5 million (2025), against an average of $468.4 million.
• Across the five-year window, Operating Expenses plunged 249.38% in 2023 and surged 227.71% in 2024, its largest moves.
• Year by year, Operating Expenses stood at $401.0 million in 2022, then plunged by 249.38% to -$599.0 million in 2023, then jumped by 227.71% to $765.0 million in 2024, then plunged by 177.91% to -$596.0 million in 2025, then jumped by 176.68% to $457.0 million in 2026.
• Per Business Quant, the three latest TNL Operating Expenses figures stand at $457.0 million (Q2 2026), $802.0 million (Q1 2026), and -$596.0 million (Q4 2025).