TripAdvisor (TRIP) Operating Expenses (2011 - 2026)

TripAdvisor's (TRIP) quarterly Operating Expenses came in at $407.6 million in Q1 2026, down 1.47% year-on-year from $413.7 million in Q1 2025, and down 8.4% quarter-over-quarter from $445.0 million in Q4 2025.

TripAdvisor (TRIP) Operating Expenses (2011 - 2026) Analysis & Trends

TripAdvisor's Operating Expenses history runs 16 years deep, the most recent figure standing at $407.6 million for Q1 2026.

  • On a quarterly basis, Operating Expenses fell 1.47% year-over-year to $407.6 million in Q1 2026; TTM through Mar 2026 was $1.8 billion, a 3.31% increase from a year earlier, with the FY2025 full-year figure at $1.8 billion, up 3.9% from the prior year.
  • Operating Expenses retreated to $407.6 million in Q1 2026 per TRIP's latest filing, from $445.0 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $483.0 million in Q3 2025 and bottomed at $282.0 million in Q1 2022.
  • The 5-year median for Operating Expenses is $411.0 million (2024), against an average of $412.7 million.
  • Biggest YoY gain for Operating Expenses was 36.52% in 2023; the steepest drop was 2.19% in 2023.
  • Year by year, Operating Expenses stood at $366.0 million in 2022, then slipped by 2.19% to $358.0 million in 2023, then grew by 14.8% to $411.0 million in 2024, then advanced by 8.27% to $445.0 million in 2025, then fell by 8.4% to $407.6 million in 2026.
  • Per Business Quant, the three latest TRIP Operating Expenses figures stand at $407.6 million (Q1 2026), $445.0 million (Q4 2025), and $483.0 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 TripAdvisor 1.56 Bn 436.68 Mn 349.60 Mn 407.60 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 407.60 Mn
Dec 31, 2025 445.00 Mn
Sep 30, 2025 483.00 Mn
Jun 30, 2025 470.00 Mn
Mar 31, 2025 413.70 Mn
Dec 31, 2024 411.00 Mn
Sep 30, 2024 462.00 Mn
Jun 30, 2024 461.00 Mn
Mar 31, 2024 410.00 Mn
Dec 31, 2023 358.00 Mn
Sep 30, 2023 469.00 Mn
Jun 30, 2023 450.00 Mn
Mar 31, 2023 385.00 Mn
Dec 31, 2022 366.00 Mn
Sep 30, 2022 389.00 Mn
Jun 30, 2022 354.00 Mn
Mar 31, 2022 282.00 Mn
Dec 31, 2021 269.00 Mn
Sep 30, 2021 287.00 Mn
Jun 30, 2021 270.00 Mn