Tuniu (TOUR) Operating Expenses (2013 - 2026)
Tuniu's (TOUR) quarterly Operating Expenses came in at -$11.2 million in Q1 2026, down 1.48% year-on-year from -$11.4 million in Q1 2025, and down 13.63% quarter-over-quarter from -$9.9 million in Q4 2025.
Tuniu (TOUR) Operating Expenses (2013 - 2026) Analysis & Trends
Tuniu's Operating Expenses history runs 14 years deep, the most recent figure standing at -$11.2 million for Q1 2026.
- On a quarterly basis, Operating Expenses fell 1.48% year-over-year to -$11.2 million in Q1 2026; TTM through Mar 2026 was -$45.5 million, a 7.35% decrease from a year earlier, with the FY2025 full-year figure at $46.3 million, up 14.64% from the prior year.
- Operating Expenses declined to -$11.2 million in Q1 2026 per TOUR's latest filing, from -$9.9 million in the prior quarter.
- Across five years, Operating Expenses topped out at -$4.7 million in Q4 2022 and bottomed at -$27.9 million in Q4 2023.
- The 5-year median for Operating Expenses is -$11.0 million (2025), against an average of -$11.6 million.
- Across the five-year window, Operating Expenses soared 61.53% in 2022 and slumped 491.81% in 2023, its largest moves.
- Year by year, Operating Expenses stood at -$4.7 million in 2022, then slumped 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, then dropped by 13.63% to -$11.2 million in 2026.
- Per Business Quant, the three latest TOUR Operating Expenses figures stand at -$11.2 million (Q1 2026), -$9.9 million (Q4 2025), and -$13.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 136.54 Bn | 120.51 Bn | 3.46 Bn | 4.26 Bn |
| 2 | Royal Caribbean Cruises | 86.11 Bn | 85.59 Bn | 2.21 Bn | 582.00 Mn |
| 3 | Airbnb | 82.27 Bn | 70.26 Bn | 2.10 Bn | 2.59 Bn |
| 4 | Yatra Online | 55.46 Bn | 55.47 Bn | 10.44 Mn | 379,000.00 |
| 5 | Viking Holdings | 44.18 Bn | 40.37 Bn | 713.43 Mn | -352.87 Mn |
| 6 | Carnival | 34.61 Bn | 32.38 Bn | - | 4.23 Bn |
| 7 | Expedia | 31.38 Bn | 28.88 Bn | 3.05 Bn | 576.00 Mn |
| 8 | Norwegian Cruise Line Holdings | 8.54 Bn | 8.35 Bn | 953.34 Mn | 720.40 Mn |
| 9 | MakeMyTrip | 5.02 Bn | 4.60 Bn | 199.14 Mn | 105.66 Mn |
| 10 | Tuniu | 28.14 Mn | -121.95 Mn | 10.66 Mn | -11.21 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -11.21 Mn |
| Dec 31, 2025 | -9.86 Mn |
| Sep 30, 2025 | -13.45 Mn |
| Jun 30, 2025 | -11.01 Mn |
| Mar 31, 2025 | -11.04 Mn |
| Dec 31, 2024 | -11.30 Mn |
| Sep 30, 2024 | -13.20 Mn |
| Jun 30, 2024 | -6.87 Mn |
| Mar 31, 2024 | -9.66 Mn |
| Dec 31, 2023 | -27.89 Mn |
| Sep 30, 2023 | -11.39 Mn |
| Jun 30, 2023 | -8.09 Mn |
| Mar 31, 2023 | -8.14 Mn |
| Dec 31, 2022 | -4.71 Mn |
| Sep 30, 2022 | -8.33 Mn |
| Jun 30, 2022 | -20.81 Mn |
| Mar 31, 2022 | -10.83 Mn |
| Dec 31, 2021 | -12.25 Mn |
| Sep 30, 2021 | -14.96 Mn |
| Jun 30, 2021 | -14.74 Mn |