HeartCore Enterprises (HTCR) Operating Expenses (2021 - 2026)
HeartCore Enterprises (HTCR) reported Operating Expenses of $1.6 million for Q1 2026, down 6.9% on a YoY basis from $1.7 million in Q1 2025, and down 11.01% quarter-over-quarter from $1.8 million in Q4 2025.
HeartCore Enterprises (HTCR) Operating Expenses (2021 - 2026) Analysis & Trends
HeartCore Enterprises has reported Operating Expenses for 6 years, with the latest figure at $1.6 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 6.9% year-over-year to $1.6 million; the trailing twelve-month figure through Mar 2026 stood at $7.0 million (down 53.52% YoY), and the FY2025 full-year result was $6.3 million, down 57.84% from the prior year.
- Operating Expenses for Q1 2026 stood at $1.6 million, down from $1.8 million in the prior quarter.
- The five-year high for Operating Expenses was $9.4 million in Q4 2024, with the low at $1.5 million in Q3 2025.
- Historically, Operating Expenses has averaged $2.8 million across 5 years, with a median of $2.3 million in 2022.
- Annual changes were most pronounced in 2022 — Operating Expenses surged 223.15% — and 2025, when it slumped 80.67%.
- HeartCore Enterprises' Operating Expenses stood at $1.9 million in 2022, then soared by 69.41% to $3.3 million in 2023, then surged by 187.74% to $9.4 million in 2024, then tumbled by 80.67% to $1.8 million in 2025, then slipped by 11.01% to $1.6 million in 2026.
- The last three Operating Expenses figures came in at $1.6 million (Q1 2026), $1.8 million (Q4 2025), and $1.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | -269.42 Mn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 11.28 Bn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 1.16 Bn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 6.22 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 1.04 Bn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 2.33 Bn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 4.23 Bn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 3.67 Bn |
| 10 | HeartCore Enterprises | 4.29 Mn | -1.49 Mn | 74,045.00 | 1.61 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.61 Mn |
| Dec 31, 2025 | 1.81 Mn |
| Sep 30, 2025 | 1.48 Mn |
| Jun 30, 2025 | 2.11 Mn |
| Mar 31, 2025 | 1.73 Mn |
| Dec 31, 2024 | 9.38 Mn |
| Sep 30, 2024 | 1.67 Mn |
| Jun 30, 2024 | 2.31 Mn |
| Mar 31, 2024 | 2.72 Mn |
| Dec 31, 2023 | 3.26 Mn |
| Sep 30, 2023 | 2.62 Mn |
| Jun 30, 2023 | 2.98 Mn |
| Mar 31, 2023 | 3.33 Mn |
| Dec 31, 2022 | 1.93 Mn |
| Sep 30, 2022 | 2.34 Mn |
| Jun 30, 2022 | 3.00 Mn |
| Mar 31, 2022 | 2.78 Mn |
| Dec 31, 2021 | 1.59 Mn |
| Sep 30, 2021 | 1.47 Mn |
| Jun 30, 2021 | 1.20 Mn |