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
DateValue
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