Growth Metrics

Wyndham Hotels & Resorts (WH) Operating Expenses (2017 - 2026)

Wyndham Hotels & Resorts' quarterly Operating Expenses came in at $213.0 million in Q1 2026, up 4.41% year-on-year from $204.0 million in Q1 2025, and down 42.43% quarter-over-quarter from $370.0 million in Q4 2025.

Wyndham Hotels & Resorts has reported Operating Expenses for 10 years, with the latest figure at $213.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 4.41% year-over-year to $213.0 million; the trailing twelve-month figure through Mar 2026 stood at $1.0 billion (up 19.81% YoY), and the FY2025 full-year result was $1.0 billion, up 12.49% from the prior year.
  • Operating Expenses for Q1 2026 stood at $213.0 million, down from $370.0 million in the prior quarter.
  • The five-year high for Operating Expenses was $370.0 million in Q4 2025, with the low at $200.0 million in Q1 2023.
  • Average Operating Expenses over 5 years is $234.5 million, with a median of $225.0 million recorded in 2024.
  • Year-over-year, Operating Expenses declined 20.72% in 2022 and jumped 74.53% in 2025.
  • Tracing WH's Operating Expenses over 5 years: stood at $241.0 million in 2022, then fell by 9.96% to $217.0 million in 2023, then declined by 2.3% to $212.0 million in 2024, then jumped by 74.53% to $370.0 million in 2025, then tumbled by 42.43% to $213.0 million in 2026.
  • The last three Operating Expenses figures came in at $213.0 million (Q1 2026), $370.0 million (Q4 2025), and $204.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Marriott International 98.23 Bn 97.78 Bn 6.38 Bn 5.59 Bn
2 Hilton Worldwide Holdings 73.53 Bn 72.99 Bn - 2.26 Bn
3 Intercontinental Hotels 23.64 Bn 22.51 Bn - -
4 Hyatt Hotels 16.45 Bn 16.11 Bn 1.75 Bn 1.63 Bn
5 Wyndham Hotels & Resorts 5.97 Bn 5.89 Bn 302.00 Mn 213.00 Mn
6 Choice Hotels International 5.17 Bn 5.13 Bn 316.92 Mn 280.54 Mn
7 Civeo 373.70 Mn 357.15 Mn 40.16 Mn 169.54 Mn
8 GreenTree Hospitality 5.49 Mn -227.74 Mn 30.29 Mn -50.43 Mn
9 Atour Lifestyle Holdings 1.18 Mn -299.91 Bn 241.80 Mn -324.67 Mn
10 H World 1,745.92 -1.44 Bn 824.36 Mn -656.00 Mn

Historic Data

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DateValue
Mar 31, 2026 213.00 Mn
Dec 31, 2025 370.00 Mn
Sep 30, 2025 204.00 Mn
Jun 30, 2025 247.00 Mn
Mar 31, 2025 204.00 Mn
Dec 31, 2024 212.00 Mn
Sep 30, 2024 225.00 Mn
Jun 30, 2024 222.00 Mn
Mar 31, 2024 255.00 Mn
Dec 31, 2023 217.00 Mn
Sep 30, 2023 239.00 Mn
Jun 30, 2023 239.00 Mn
Mar 31, 2023 200.00 Mn
Dec 31, 2022 241.00 Mn
Sep 30, 2022 247.00 Mn
Jun 30, 2022 241.00 Mn
Mar 31, 2022 211.00 Mn
Dec 31, 2021 304.00 Mn
Sep 30, 2021 302.00 Mn
Jun 30, 2021 273.00 Mn
Mar 31, 2021 240.00 Mn
Dec 31, 2020 275.00 Mn
Sep 30, 2020 266.00 Mn
Jun 30, 2020 452.00 Mn
Mar 31, 2020 354.00 Mn
Dec 31, 2019 389.00 Mn
Sep 30, 2019 469.00 Mn
Jun 30, 2019 471.00 Mn
Mar 31, 2019 418.00 Mn
Dec 31, 2018 445.00 Mn
Sep 30, 2018 499.00 Mn
Jun 30, 2018 396.00 Mn
Mar 31, 2018 246.00 Mn
Dec 31, 2017 304.00 Mn
Sep 30, 2017 245.00 Mn
Jun 30, 2017 247.00 Mn
Mar 31, 2017 232.00 Mn