Growth Metrics

HeartCore Enterprises (HTCR) Operating Expenses (2021 - 2026)

HeartCore Enterprises posted quarterly Operating Expenses of $1.6 million for Q1 2026, down 6.9% year-on-year from $1.7 million in Q1 2025, and down 11.01% on a QoQ basis from $1.8 million in Q4 2025.

HeartCore Enterprises (HTCR) has 6 years of Operating Expenses data on file, last reported 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.
  • Across five years, Operating Expenses topped out at $9.4 million in Q4 2024 and bottomed at $1.5 million in Q3 2025.
  • The 5-year median for Operating Expenses is $2.3 million (2022), against an average of $2.8 million.
  • The widest annual swing landed in 2022, when Operating Expenses surged 223.15%; it then plunged 80.67% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $1.9 million in 2022, then jumped by 69.41% to $3.3 million in 2023, then soared by 187.74% to $9.4 million in 2024, then slumped by 80.67% to $1.8 million in 2025, then dropped 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 253.17 Bn 235.20 Bn 8.16 Bn -7.98 Bn
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn 6.82 Bn
3 Uber Technologies 151.10 Bn 150.06 Bn 11.88 Bn 11.28 Bn
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn 1.16 Bn
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn 2.33 Bn
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn 1.04 Bn
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn 3.32 Bn
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn 4.23 Bn
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn 4.54 Bn
10 HeartCore Enterprises 4.03 Mn -1.75 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 2.34 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
Mar 31, 2021 861,235.00