Horizon Quantum Holdings (HQ) Operating Expenses (2024 - 2025)

Horizon Quantum Holdings' (HQ) quarterly Operating Expenses came in at -$7.8 million in Q4 2025, down 531.62% year-on-year from $1.8 million in Q4 2024, and down 260.56% quarter-over-quarter from $4.9 million in Q3 2025.

Horizon Quantum Holdings (HQ) Operating Expenses (2024 - 2025) Analysis & Trends

Horizon Quantum Holdings' Operating Expenses history runs 2 years deep, the most recent figure standing at -$7.8 million for Q4 2025.

  • On a quarterly basis, Operating Expenses fell 531.62% year-over-year to -$7.8 million in Q4 2025; TTM through Dec 2025 was $4.6 million, a 25.94% decrease from a year earlier, with the FY2025 full-year figure at $4.6 million, up 151.47% from the prior year.
  • Operating Expenses retreated to -$7.8 million in Q4 2025 per HQ's latest filing, from $4.9 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $4.9 million in Q3 2025 and bottomed at -$7.8 million in Q4 2025.
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Peer Comparison

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1 Microsoft 2,899.74 Bn 2,775.30 Bn 56.06 Bn 8.75 Bn
2 PagSeguro Digital 2,656.00 Bn 2,656.00 Bn 358.92 Mn -363.49 Mn
3 Oracle 337.39 Bn 305.50 Bn - 13.05 Bn
4 Repay Holdings 331.15 Bn 331.00 Bn - -
5 Palantir Technologies 294.54 Bn 286.52 Bn 1.42 Bn 662.79 Mn
6 Palo Alto Networks 221.04 Bn 216.51 Bn 1.91 Bn 1.51 Bn
7 CrowdStrike Holdings 179.63 Bn 176.53 Bn 993.68 Mn 979.89 Mn
8 Fortinet 113.60 Bn 110.30 Bn 1.49 Bn 905.10 Mn
9 Cloudflare 95.27 Bn 94.33 Bn 455.60 Mn 517.59 Mn
10 Horizon Quantum Holdings 11.51 -222.94 Bn - -7.82 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -7.82 Mn
Sep 30, 2025 4.87 Mn
Jun 30, 2025 2.78 Mn
Mar 31, 2025 4.72 Mn
Dec 31, 2024 1.81 Mn
Sep 30, 2024 1.77 Mn
Jun 30, 2024 1.30 Mn
Mar 31, 2024 1.27 Mn