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
DateValue
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