Tuniu (TOUR) Operating Expenses (2013 - 2025)

Tuniu's Operating Expenses history runs 13 years deep, the most recent figure standing at -$9.9 million for Q4 2025.

• In Q4 2025, Operating Expenses rose 12.72% year-over-year to -$9.9 million; the TTM figure through Dec 2025 stood at -$45.4 million (down 10.58% YoY), while the FY2025 annual figure was $46.3 million, up 14.64% from the prior year.
• Operating Expenses was -$9.9 million for Q4 2025 at Tuniu, up from -$13.5 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of -$4.7 million in Q4 2022 to a low of -$27.9 million in Q4 2023.
• Historically, Operating Expenses has averaged -$12.1 million across 5 years, with a median of -$11.2 million in 2024.
• The sharpest annual moves came in 2021 and 2023: Operating Expenses soared 91.68% in 2021, then slumped 491.81% in 2023.
• A 5-year view of Operating Expenses shows it stood at -$12.2 million in 2021, then surged by 61.53% to -$4.7 million in 2022, then plunged by 491.81% to -$27.9 million in 2023, then soared by 59.47% to -$11.3 million in 2024, then gained by 12.72% to -$9.9 million in 2025.
• The last three Operating Expenses figures came in at -$9.9 million (Q4 2025), -$13.5 million (Q3 2025), and -$11.0 million (Q2 2025), per Business Quant data.