TripAdvisor (TRIP) Operating Expenses (2011 - 2026)

TripAdvisor (TRIP) recorded quarterly Operating Expenses of $407.6 million in Q1 2026, down 8.4% quarter-over-quarter from $445.0 million in Q4 2025, and down 1.47% on a YoY basis from $413.7 million in Q1 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.

  • In Q1 2026, Operating Expenses fell 1.47% year-over-year to $407.6 million; the TTM figure through Mar 2026 stood at $1.8 billion (up 3.31% YoY), while the FY2025 annual figure was $1.8 billion, up 3.9% from the prior year.
  • Operating Expenses was $407.6 million for Q1 2026 at TripAdvisor, down from $445.0 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $483.0 million in Q3 2025 to a low of $282.0 million in Q1 2022.
  • Historically, Operating Expenses has averaged $412.7 million across 5 years, with a median of $411.0 million in 2024.
  • Biggest YoY gain for Operating Expenses was 36.52% in 2023; the steepest drop was 2.19% in 2023.
  • A 5-year view of Operating Expenses shows it 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.
  • The last three Operating Expenses figures came in at $407.6 million (Q1 2026), $445.0 million (Q4 2025), and $483.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Booking Holdings 131.01 Bn 114.99 Bn 3.46 Bn 4.26 Bn
2 Airbnb 79.86 Bn 67.85 Bn 2.10 Bn 2.59 Bn
3 Royal Caribbean Cruises 75.60 Bn 75.08 Bn 2.21 Bn 582.00 Mn
4 Carnival 37.80 Bn 36.39 Bn - 3.94 Bn
5 Expedia 27.88 Bn 22.09 Bn 3.05 Bn 797.00 Mn
6 Norwegian Cruise Line Holdings 8.56 Bn 8.38 Bn 953.34 Mn 720.40 Mn
7 Global Business Travel 4.79 Bn 4.35 Bn 714.00 Mn 837.00 Mn
8 Travel & Leisure 4.51 Bn 4.25 Bn 926.00 Mn 802.00 Mn
9 Trip.com 4.42 Bn -788.25 Mn 1.74 Bn -1.38 Bn
10 TripAdvisor 1.37 Bn 248.54 Mn 204.80 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