Here (HERE) Operating Expenses (2021 - 2025)

Here has disclosed Operating Expenses across 5 years of filings, most recently posting -$13.3 million for Q4 2025.

• Quarterly Operating Expenses rose 79.12% year-over-year to -$13.3 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$92.2 million (up 73.11% YoY) and the FY2025 annual result came in at $254.8 million, down 35.44% from the prior year.
• Operating Expenses eased to -$13.3 million in Q4 2025, from -$11.5 million in the prior quarter.
• Over five years, Operating Expenses peaked at -$6.6 million in Q2 2025 and troughed at -$111.5 million in Q1 2024.
• A 5-year average of -$78.9 million and a median of -$91.7 million in 2023 frame the typical range for Operating Expenses.
• Annual changes were most pronounced in 2023 — Operating Expenses fell 17.19% — and 2025, when it soared 92.29%.
• Tracing HERE's Operating Expenses over 5 years: stood at -$101.7 million in 2021, then retreated by 4.3% to -$106.1 million in 2022, then gained by 2.66% to -$103.3 million in 2023, then jumped by 38.19% to -$63.8 million in 2024, then jumped by 79.12% to -$13.3 million in 2025.
• Business Quant data shows HERE's Operating Expenses at -$13.3 million in Q4 2025, -$11.5 million in Q3 2025, and -$6.6 million in Q2 2025.