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| Date | Value |
|---|---|
| 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 |