Happen (HAPN) Rent Expense (2020 - 2026)

Happen (HAPN) has 7 years of Rent Expense data on file, last reported at $6.4 million in Q1 2026.

• For the quarter ending Q1 2026, Rent Expense rose 47.09% year-over-year to $6.4 million; the trailing twelve-month figure through Mar 2026 stood at $21.9 million (up 34.38% YoY), and the FY2025 full-year result was $19.8 million, up 25.55% from the prior year.
• Rent Expense grew to $6.4 million in Q1 2026, from $5.5 million in the prior quarter.
• In the past five years, Rent Expense ranged from a high of $6.4 million in Q1 2026 to a low of $3.9 million in Q1 2024.
• A 5-year average of $4.8 million and a median of $4.7 million in 2023 frame the typical range for Rent Expense.
• Across the five-year window, Rent Expense declined 28.39% in 2023 and jumped 47.09% in 2026, its largest moves.
• Tracing HAPN's Rent Expense over 5 years: stood at $4.7 million in 2022, then slipped by 16.43% to $3.9 million in 2023, then increased by 1.66% to $4.0 million in 2024, then jumped by 36.73% to $5.5 million in 2025, then advanced by 17.12% to $6.4 million in 2026.
• Business Quant data shows HAPN's Rent Expense at $6.4 million in Q1 2026, $5.5 million in Q4 2025, and $5.2 million in Q3 2025.