Hour Loop (HOUR) Operating Expenses (2021 - 2026)
Hour Loop's Operating Expenses came in at $14.88 million for Q1 2026, up 12.5% from $13.22 million a year earlier but down 48.1% from the prior quarter.
Hour Loop (HOUR) Operating Expenses (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Mar 31, 2026, Hour Loop reported Operating Expenses of $73.82 million, up 3.1% year-over-year; for FY2025, it came in at $72.17 million, up 1.3% from FY2024.
- Operating Expenses has increased in each of the last five years, with a five-year compound annual growth rate of 31.5% (FY2020 to FY2025).
- Going back by year, Operating Expenses was $71.28 million in FY2024 (+2.5%), $69.52 million in FY2023 (+36.6%), $50.9 million in FY2022 (+73.5%) and $29.33 million in FY2021 (+60.0%).
- The five-year range for quarterly Operating Expenses is $5.32 million (Q3 2021) to $30.82 million (Q4 2023).
- Year-over-year, Operating Expenses has increased for three consecutive quarters, with growth averaging 3.8% over the last eight quarters.
- The fastest year-over-year change in Operating Expenses over five years came in Q4 2022 (growth of 82.7%), and the weakest in Q4 2024 (a decline of 11.2%).
- Business Quant data shows HOUR's Operating Expenses at $28.64 million (Q4 2025), $16.43 million (Q3 2025) and $13.88 million (Q2 2025) in the three quarters before Q1 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,654.24 Bn | 2,170.93 Bn | 104.83 Bn | 173.15 Bn |
| 2 | Home Depot | 289.19 Bn | 282.43 Bn | 16.12 Bn | 9.28 Bn |
| 3 | Tjx Companies | 143.39 Bn | 120.94 Bn | 5.07 Bn | 3.09 Bn |
| 4 | Lowes Companies | 105.29 Bn | 98.25 Bn | 8.58 Bn | 4.46 Bn |
| 5 | Ross Stores | 75.79 Bn | 58.72 Bn | 2.12 Bn | 1.02 Bn |
| 6 | Target | 72.00 Bn | 66.59 Bn | 8.94 Bn | 5.73 Bn |
| 7 | O Reilly Automotive | 70.61 Bn | 69.69 Bn | 2.52 Bn | 1.53 Bn |
| 8 | Carvana | 66.52 Bn | 58.12 Bn | 1.38 Bn | 704.00 Mn |
| 9 | Autozone | 47.57 Bn | 46.47 Bn | 2.52 Bn | 1.60 Bn |
| 10 | Hour Loop | 67.22 Mn | 67.22 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 14.88 Mn |
| Dec 31, 2025 | 28.64 Mn |
| Sep 30, 2025 | 16.43 Mn |
| Jun 30, 2025 | 13.88 Mn |
| Mar 31, 2025 | 13.22 Mn |
| Dec 31, 2024 | 27.36 Mn |
| Sep 30, 2024 | 16.32 Mn |
| Jun 30, 2024 | 14.69 Mn |
| Mar 31, 2024 | 12.91 Mn |
| Dec 31, 2023 | 30.82 Mn |
| Sep 30, 2023 | 15.26 Mn |
| Jun 30, 2023 | 12.20 Mn |
| Mar 31, 2023 | 11.23 Mn |
| Dec 31, 2022 | 25.43 Mn |
| Sep 30, 2022 | 9.52 Mn |
| Jun 30, 2022 | 8.76 Mn |
| Mar 31, 2022 | 7.20 Mn |
| Dec 31, 2021 | 13.92 Mn |
| Sep 30, 2021 | 5.32 Mn |
| Jun 30, 2021 | 5.73 Mn |
Hour Loop Operating Expenses 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=operating-expenses&ticker=HOUR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "HOUR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=HOUR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();