Trivago (TRVG) Operating Expenses (2015 - 2026)
Trivago (TRVG) posted quarterly Operating Expenses of $29.6 million for Q1 2026, up 35.82% year-over-year from $21.8 million in Q1 2025, and up 12.34% quarter-over-quarter from $26.4 million in Q4 2025.
Analysis
Trivago (TRVG) Operating Expenses (2015 - 2026) Analysis & Trends
Trivago (TRVG) has reported Operating Expenses for 12 consecutive years, with $29.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 35.82% year-over-year to $29.6 million; the TTM figure through Mar 2026 stood at $103.8 million (up 16.55% YoY), while the FY2025 annual figure was $541.3 million, up 24.62% from the prior year.
- Operating Expenses climbed to $29.6 million in Q1 2026 per TRVG's latest filing, from $26.4 million in the prior quarter.
- Across five years, Operating Expenses topped out at $49.5 million in Q1 2022 and bottomed at $21.1 million in Q3 2024.
- Historically, Operating Expenses has averaged $25.5 million across 5 years, with a median of $24.2 million in 2024.
- Annual changes were most pronounced in 2022 — Operating Expenses jumped 94.16% — and 2023, when it sank 50.14%.
- Trivago's Operating Expenses stood at $22.5 million in 2022, then retreated by 0.71% to $22.4 million in 2023, then slipped by 1.94% to $21.9 million in 2024, then rose by 20.27% to $26.4 million in 2025, then gained by 12.34% to $29.6 million in 2026.
- Business Quant data shows TRVG's Operating Expenses at $29.6 million in Q1 2026, $26.4 million in Q4 2025, and $24.4 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | 79.03 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 42.03 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 640.46 Mn |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | 758.20 Mn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 573.19 Mn | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | -379.21 Mn |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | -191.00 Mn |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | 1.23 Bn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 607.66 Mn |
| 10 | Trivago | 400.21 Mn | 352.63 Mn | 134.96 Mn | 175.04 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 175.04 Mn |
| Mar 31, 2026 | 155.59 Mn |
| Dec 31, 2025 | 109.44 Mn |
| Sep 30, 2025 | 160.90 Mn |
| Jun 30, 2025 | 150.62 Mn |
| Mar 31, 2025 | 124.72 Mn |
| Dec 31, 2024 | 77.08 Mn |
| Sep 30, 2024 | 133.47 Mn |
| Jun 30, 2024 | 121.59 Mn |
| Mar 31, 2024 | 107.00 Mn |
| Dec 31, 2023 | 79.06 Mn |
| Sep 30, 2023 | 143.72 Mn |
| Jun 30, 2023 | 110.55 Mn |
| Mar 31, 2023 | 87.75 Mn |
| Dec 31, 2022 | 73.86 Mn |
| Sep 30, 2022 | 142.55 Mn |
| Jun 30, 2022 | 110.44 Mn |
| Mar 31, 2022 | 102.80 Mn |
| Dec 31, 2021 | 70.59 Mn |
| Sep 30, 2021 | 136.91 Mn |