Thomson Reuters (TRI) Operating Expenses (2009 - 2026)

Thomson Reuters (TRI) posted Operating Expenses of -$1.2 billion for Q1 2026, up 2.27% on a QoQ basis from -$1.2 billion in Q4 2025, and down 8.57% year-over-year from -$1.3 billion in Q1 2025.

Thomson Reuters (TRI) Operating Expenses (2009 - 2026) Analysis & Trends

Thomson Reuters' Operating Expenses history runs 18 years deep, the most recent figure standing at -$1.2 billion for Q1 2026.

  • Quarterly Operating Expenses fell 8.57% year-over-year to -$1.2 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$4.7 billion (down 3.89% YoY) and the FY2025 annual result came in at -$4.6 billion, down 2.39% from the prior year.
  • Operating Expenses was -$1.2 billion for Q1 2026 at Thomson Reuters, up from -$1.2 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at -$958.0 million in Q3 2023 and bottomed at -$1.2 billion in Q4 2025.
  • A 5-year average of -$1.1 billion and a median of -$1.1 billion in 2025 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2022 — Operating Expenses increased 9.63% — and 2024, when it dropped 16.6%.
  • Thomson Reuters' Operating Expenses stood at -$1.1 billion in 2022, then climbed by 2.03% to -$1.1 billion in 2023, then declined by 6.38% to -$1.2 billion in 2024, then retreated by 4.06% to -$1.2 billion in 2025, then rose by 2.27% to -$1.2 billion in 2026.
  • Business Quant data shows TRI's Operating Expenses at -$1.2 billion in Q1 2026, -$1.2 billion in Q4 2025, and -$1.1 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Cintas 81.31 Bn 81.12 Bn 1.45 Bn 788.55 Mn
2 Rentokil Initial 73.75 Bn 71.25 Bn - 6.06 Bn
3 Relx 60.28 Bn 60.04 Bn - -
4 Thomson Reuters 38.09 Bn 37.23 Bn - -1.20 Bn
5 Copart 25.18 Bn 21.85 Bn 732.88 Mn 772.78 Mn
6 Global Payments 21.29 Bn 16.10 Bn 1.70 Bn 2.99 Bn
7 Rb Global 20.33 Bn 20.14 Bn 927.90 Mn 1.02 Bn
8 UL Solutions 17.42 Bn 17.18 Bn 381.00 Mn 243.00 Mn
9 Aramark 15.00 Bn 14.59 Bn 426.39 Mn 4.69 Bn
10 Amentum Holdings 5.37 Bn 5.04 Bn 345.00 Mn 124.00 Mn

Historic Data

Download Data
DateValue
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