Happen (HAPN) Equipment Expense (2020 - 2026)
Happen's Equipment Expense came in at $17.5 million for Q3 2026, up 30.0% from $13.47 million a year earlier and up 10.4% from the prior quarter.
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Analysis
Happen (HAPN) Equipment Expense (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Happen reported Equipment Expense of $63.05 million, up 12.7% year-over-year; for FY2025, it was $57.01 million, up 11.4% from FY2024.
- Equipment Expense carries a five-year compound annual growth rate of 16.3% (FY2020 to FY2025).
- Going back by year, Equipment Expense was $51.19 million in FY2024 (-4.3%), $53.49 million in FY2023 (+8.7%), $49.2 million in FY2022 (+24.6%) and $39.49 million in FY2021 (+47.1%).
- The Q3 2026 figure represents the highest quarterly Equipment Expense in data going back to Q1 2020.
- Year-over-year, Equipment Expense has increased for nine consecutive quarters, with growth averaging 11.4% over the last eight quarters.
- The fastest year-over-year change in Equipment Expense over five years came in Q4 2021 (growth of 103.3%), and the weakest in Q2 2024 (a decline of 11.5%).
- Business Quant data shows HAPN's Equipment Expense at $15.85 million (Q2 2026), $15.29 million (Q1 2026) and $14.41 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equipment Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 918.91 Bn | 918.91 Bn | - | - |
| 2 | Banco Santander Chile | 870.35 Bn | 846.93 Bn | - | - |
| 3 | Bank Of America | 358.55 Bn | -2,017.56 Bn | - | - |
| 4 | Hsbc Holdings | 315.74 Bn | -668.95 Bn | - | - |
| 5 | Morgan Stanley | 290.88 Bn | -253.14 Bn | - | - |
| 6 | Royal Bank Of Canada | 287.92 Bn | 137.98 Bn | - | - |
| 7 | Goldman Sachs | 270.57 Bn | -3,472.88 Bn | - | - |
| 8 | Wells Fargo & Company | 258.79 Bn | 258.79 Bn | - | - |
| 9 | Mitsubishi Ufj Financial | 247.94 Bn | 129.81 Bn | - | - |
| 10 | Happen | 1.84 Bn | 1.84 Bn | - | 17.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 17.50 Mn |
| Jun 30, 2026 | 15.85 Mn |
| Mar 31, 2026 | 15.29 Mn |
| Dec 31, 2025 | 14.41 Mn |
| Sep 30, 2025 | 13.47 Mn |
| Jun 30, 2025 | 14.50 Mn |
| Mar 31, 2025 | 14.64 Mn |
| Dec 31, 2024 | 13.36 Mn |
| Sep 30, 2024 | 12.79 Mn |
| Jun 30, 2024 | 12.36 Mn |
| Mar 31, 2024 | 12.68 Mn |
| Dec 31, 2023 | 13.19 Mn |
| Sep 30, 2023 | 12.63 Mn |
| Jun 30, 2023 | 13.97 Mn |
| Mar 31, 2023 | 13.70 Mn |
| Dec 31, 2022 | 13.20 Mn |
| Sep 30, 2022 | 12.49 Mn |
| Jun 30, 2022 | 12.46 Mn |
| Mar 31, 2022 | 11.05 Mn |
| Dec 31, 2021 | 12.02 Mn |
API Access
Happen Equipment Expense API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=equipment-expense&ticker=HAPN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "equipment-expense", "ticker": "HAPN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=equipment-expense&ticker=HAPN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();