Horizon Quantum Holdings (HQ) Operating Expenses (2024 - 2025)
Horizon Quantum Holdings (HQ) posted quarterly Operating Expenses of -$7.8 million for Q4 2025, down 531.62% year-over-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.
- In Q4 2025, Operating Expenses fell 531.62% year-over-year to -$7.8 million; the TTM figure through Dec 2025 stood at $4.6 million (down 25.94% YoY), while the FY2025 annual figure was $4.6 million, up 151.47% from the prior year.
- Operating Expenses for Q4 2025 stood at -$7.8 million, down from $4.9 million in the prior quarter.
- The five-year high for Operating Expenses was $4.9 million in Q3 2025, with the low at -$7.8 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 12.28 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 726.59 Mn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 13.05 Bn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 2.21 Bn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 953.90 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 705.21 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 1.57 Bn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 2.62 Bn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 2.72 Bn |
| 10 | Horizon Quantum Holdings | 16.93 | -222.94 Bn | - | -7.82 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |