Thomson Reuters (TRI) Operating Expenses (2009 - 2026)
Thomson Reuters (TRI) reported Operating Expenses of -$1.2 billion for Q1 2026, down 8.57% on a YoY basis from -$1.3 billion in Q1 2025, and up 2.27% quarter-over-quarter from -$1.2 billion in Q4 2025.
Thomson Reuters (TRI) Operating Expenses (2009 - 2026) Analysis & Trends
Thomson Reuters has reported Operating Expenses for 18 years, with the latest figure at -$1.2 billion in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 8.57% year-over-year to -$1.2 billion; the trailing twelve-month figure through Mar 2026 stood at -$4.7 billion (down 3.89% YoY), and the FY2025 full-year result was -$4.6 billion, down 2.39% from the prior year.
- Operating Expenses for Q1 2026 stood at -$1.2 billion, up from -$1.2 billion in the prior quarter.
- The five-year high for Operating Expenses was -$958.0 million in Q3 2023, with the low at -$1.2 billion in Q4 2025.
- Historically, Operating Expenses has averaged -$1.1 billion across 5 years, with a median of -$1.1 billion in 2025.
- Annual changes were most pronounced in 2022 — Operating Expenses advanced 9.63% — and 2024, when it retreated 16.6%.
- Thomson Reuters' Operating Expenses stood at -$1.1 billion in 2022, then gained by 2.03% to -$1.1 billion in 2023, then slipped by 6.38% to -$1.2 billion in 2024, then declined by 4.06% to -$1.2 billion in 2025, then grew by 2.27% to -$1.2 billion in 2026.
- The last three Operating Expenses figures came in at -$1.2 billion (Q1 2026), -$1.2 billion (Q4 2025), and -$1.1 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 70.95 Bn | 70.77 Bn | 1.45 Bn | 788.55 Mn |
| 2 | Copart | 29.43 Bn | 26.09 Bn | 1.08 Bn | 772.78 Mn |
| 3 | Rb Global | 20.04 Bn | 19.85 Bn | 869.50 Mn | 1.02 Bn |
| 4 | UL Solutions | 19.54 Bn | 19.30 Bn | 381.00 Mn | 243.00 Mn |
| 5 | Global Payments | 18.52 Bn | 13.33 Bn | 1.70 Bn | 2.99 Bn |
| 6 | Aramark | 14.28 Bn | 13.87 Bn | 426.35 Mn | 4.69 Bn |
| 7 | Relx | 11.84 Bn | 11.60 Bn | - | - |
| 8 | Amentum Holdings | 5.58 Bn | 5.67 Bn | 345.00 Mn | 124.00 Mn |
| 9 | Dolby Laboratories | 5.00 Bn | 4.42 Bn | 350.90 Mn | 237.95 Mn |
| 10 | Thomson Reuters | 83.86 Mn | -776.14 Mn | - | -1.20 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.20 Bn |
| Dec 31, 2025 | -1.23 Bn |
| Sep 30, 2025 | -1.12 Bn |
| Jun 30, 2025 | -1.12 Bn |
| Mar 31, 2025 | -1.11 Bn |
| Dec 31, 2024 | -1.18 Bn |
| Sep 30, 2024 | -1.12 Bn |
| Jun 30, 2024 | -1.09 Bn |
| Mar 31, 2024 | -1.08 Bn |
| Dec 31, 2023 | -1.11 Bn |
| Sep 30, 2023 | -958.00 Mn |
| Jun 30, 2023 | -990.00 Mn |
| Mar 31, 2023 | -1.07 Bn |
| Dec 31, 2022 | -1.14 Bn |
| Sep 30, 2022 | -1.02 Bn |
| Jun 30, 2022 | -1.04 Bn |
| Mar 31, 2022 | -1.08 Bn |
| Dec 31, 2021 | -1.26 Bn |
| Sep 30, 2021 | -1.06 Bn |
| Jun 30, 2021 | -1.04 Bn |