Here HERE
NASDAQ HERE
$1.86 +0.01 (+0.54%)
At close: Sep 2, 2026 · 4:00 PM EDT

Here (HERE) Operating Expenses (2021 - 2026)

Here's (HERE) quarterly Operating Expenses came in at -$14.6 million in Q1 2026, up 75.96% YoY from -$8.3 million in Q1 2025, and down 9.66% on a QoQ basis from -$13.3 million in Q4 2025.

Analysis

Here (HERE) Operating Expenses (2021 - 2026) Analysis & Trends

Here (HERE) has 6 years of Operating Expenses data on file, last reported at -$14.6 million in Q1 2026.

  • Quarterly Operating Expenses rose 75.96% year-over-year to -$14.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$46.0 million (up 84.25% YoY) and the FY2025 annual result came in at $254.8 million, down 35.44% from the prior year.
  • Operating Expenses eased to -$14.6 million in Q1 2026, from -$13.3 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of -$6.6 million in Q2 2025 to a low of -$111.5 million in Q1 2024.
  • A 5-year average of -$73.7 million and a median of -$90.6 million in 2022 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 -$106.1 million in 2022, then increased by 2.66% to -$103.3 million in 2023, then surged by 38.19% to -$63.8 million in 2024, then surged by 79.12% to -$13.3 million in 2025, then declined by 9.66% to -$14.6 million in 2026.
  • The last three Operating Expenses figures came in at -$14.6 million (Q1 2026), -$13.3 million (Q4 2025), and -$11.5 million (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Amer Sports 15.95 Bn 15.23 Bn 1.07 Bn -909.20 Mn
2 Hasbro 13.31 Bn 11.93 Bn 867.20 Mn 887.10 Mn
3 Life Time Group Holdings 9.78 Bn 9.55 Bn 412.26 Mn 716.29 Mn
4 Acushnet Holdings 5.23 Bn 5.16 Bn 445.83 Mn 267.00 Mn
5 Mattel 4.26 Bn 3.74 Bn 542.12 Mn -
6 Planet Fitness 4.03 Bn 3.63 Bn 300.73 Mn 241.41 Mn
7 YETI Holdings 3.13 Bn 3.07 Bn 322.52 Mn 229.01 Mn
8 Callaway Golf 2.84 Bn 2.57 Bn 306.70 Mn 191.90 Mn
9 Peloton Interactive 2.25 Bn 1.04 Bn 344.40 Mn 263.20 Mn
10 Here 99.46 Mn -96.48 Bn 8.24 Mn -14.62 Mn
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2026 -14.62 Mn
Dec 31, 2025 -13.33 Mn
Sep 30, 2025 -11.46 Mn
Jun 30, 2025 -6.61 Mn
Mar 31, 2025 -60.79 Mn
Dec 31, 2024 -63.83 Mn
Sep 30, 2024 -81.75 Mn
Jun 30, 2024 -85.71 Mn
Mar 31, 2024 -111.47 Mn
Dec 31, 2023 -103.27 Mn
Sep 30, 2023 -96.86 Mn
Jun 30, 2023 -91.66 Mn
Mar 31, 2023 -106.19 Mn
Dec 31, 2022 -106.09 Mn
Sep 30, 2022 -99.10 Mn
Jun 30, 2022 -110.20 Mn
Mar 31, 2022 -90.62 Mn
Dec 31, 2021 -116.13 Mn