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| 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 |