Happen (HAPN) Rent Expense (2020 - 2026)
Happen (HAPN) reported Rent Expense of $4.98 million for Q2 2026, up 4.1% from $4.79 million a year earlier but down 22.0% from the prior quarter.
Happen (HAPN) Rent Expense (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Happen's Rent Expense came in at $22.08 million, up 28.9% year-over-year; for FY2025, it came in at $19.83 million, up 25.5% from FY2024.
- Rent Expense has a five-year compound annual growth rate of -6.6% (FY2020 to FY2025).
- By year, Rent Expense came in at $15.8 million in FY2024 (-9.9%), $17.53 million in FY2023 (-20.2%), $21.98 million in FY2022 (-9.4%) and $24.25 million in FY2021 (-13.0%).
- Five-year quarterly Rent Expense spans a low of $3.86 million in Q1 2024 and a high of $6.49 million in Q3 2021.
- Year over year, Rent Expense has now increased in each of the last seven quarters, with growth averaging 17.7% over the last eight quarters.
- The high point for year-over-year Rent Expense in five years was Q1 2026 (growth of 47.1%); the low point was Q1 2023 (a decline of 28.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $6.39 million (Q1 2026), $5.46 million (Q4 2025) and $5.25 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 895.36 Bn | 924.83 Bn | - | 1.48 Bn |
| 2 | Banco Santander Chile | 425.01 Bn | 544.95 Bn | - | - |
| 3 | Bank Of America | 389.22 Bn | -1,986.85 Bn | - | 1.91 Bn |
| 4 | Hsbc Holdings | 347.56 Bn | 347.61 Bn | - | - |
| 5 | Morgan Stanley | 304.44 Bn | -204.66 Bn | - | 482.00 Mn |
| 6 | Royal Bank Of Canada | 281.54 Bn | 132.29 Bn | - | 316.29 Mn |
| 7 | Mitsubishi Ufj Financial | 277.23 Bn | -1,311.26 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 267.12 Bn | -3,289.99 Bn | - | 244.00 Mn |
| 9 | Wells Fargo & Company | 244.76 Bn | 246.90 Bn | - | 803.00 Mn |
| 10 | Happen | 1.72 Bn | 1.72 Bn | - | 4.98 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.98 Mn |
| Mar 31, 2026 | 6.39 Mn |
| Dec 31, 2025 | 5.46 Mn |
| Sep 30, 2025 | 5.25 Mn |
| Jun 30, 2025 | 4.79 Mn |
| Mar 31, 2025 | 4.35 Mn |
| Dec 31, 2024 | 3.99 Mn |
| Sep 30, 2024 | 4.01 Mn |
| Jun 30, 2024 | 3.94 Mn |
| Mar 31, 2024 | 3.86 Mn |
| Dec 31, 2023 | 3.93 Mn |
| Sep 30, 2023 | 4.61 Mn |
| Jun 30, 2023 | 4.68 Mn |
| Mar 31, 2023 | 4.31 Mn |
| Dec 31, 2022 | 4.70 Mn |
| Sep 30, 2022 | 5.05 Mn |
| Jun 30, 2022 | 6.21 Mn |
| Mar 31, 2022 | 6.02 Mn |
| Dec 31, 2021 | 4.71 Mn |
| Sep 30, 2021 | 6.49 Mn |
Happen Rent 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=rent-expense&ticker=HAPN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "rent-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=rent-expense&ticker=HAPN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();