High Templar Tech (HTT) Operating Expenses (2016 - 2025)

High Templar Tech (HTT) posted quarterly Operating Expenses of -$16.0 million for Q4 2025, up 28.81% year-over-year from -$12.4 million in Q4 2024, and up 4.62% on a QoQ basis from -$16.7 million in Q3 2025.

High Templar Tech (HTT) Operating Expenses (2016 - 2025) Analysis & Trends

High Templar Tech (HTT) has reported Operating Expenses for 10 consecutive years, with -$16.0 million the latest figure, recorded in Q4 2025.

  • In Q4 2025, Operating Expenses rose 28.81% year-over-year to -$16.0 million; the TTM figure through Dec 2025 stood at -$61.7 million (up 15.28% YoY), while the FY2025 annual figure was $57.4 million, up 29.47% from the prior year.
  • Operating Expenses came in at -$16.0 million for Q4 2025 at High Templar Tech, up from -$16.7 million in the prior quarter.
  • The five-year high for Operating Expenses was -$9.7 million in Q1 2021, with the low at -$94.7 million in Q4 2021.
  • Average Operating Expenses over 5 years is -$25.3 million, with a median of -$17.1 million recorded in 2024.
  • The largest YoY upside for Operating Expenses was 96.69% in 2021 against a maximum downside of 3596.06% in 2021.
  • Year by year, Operating Expenses stood at -$94.7 million in 2021, then jumped by 83.34% to -$15.8 million in 2022, then sank by 64.33% to -$25.9 million in 2023, then gained by 13.53% to -$22.4 million in 2024, then grew by 28.81% to -$16.0 million in 2025.
  • According to Business Quant data, Operating Expenses over the past three periods registered -$16.0 million, -$16.7 million, and -$16.4 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Visa 587.74 Bn 575.34 Bn - 4.00 Bn
2 Mastercard 465.55 Bn 455.34 Bn - 3.49 Bn
3 American Express 238.39 Bn 184.35 Bn 17.43 Bn 13.88 Bn
4 PayPal Holdings 40.24 Bn 30.89 Bn 7.84 Bn 6.87 Bn
5 Affirm Holdings 28.27 Bn 26.55 Bn 261.64 Mn 950.34 Mn
6 SoFi Technologies 23.54 Bn 20.13 Bn 929.25 Mn 891.92 Mn
7 Ally Financial 14.34 Bn 13.89 Bn 1.98 Bn 1.24 Bn
8 Credit Acceptance 7.51 Bn 7.49 Bn 562.70 Mn 422.90 Mn
9 FinVolution 6.22 Bn 4.97 Bn 311.24 Mn -363.39 Mn
10 High Templar Tech 336,732.59 336,732.59 415,000.00 -15.96 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -15.96 Mn
Sep 30, 2025 -16.74 Mn
Jun 30, 2025 -16.43 Mn
Mar 31, 2025 -12.58 Mn
Dec 31, 2024 -22.42 Mn
Sep 30, 2024 -17.39 Mn
Jun 30, 2024 -15.25 Mn
Mar 31, 2024 -17.78 Mn
Dec 31, 2023 -25.93 Mn
Sep 30, 2023 -19.34 Mn
Jun 30, 2023 -14.71 Mn
Mar 31, 2023 -12.21 Mn
Dec 31, 2022 -15.78 Mn
Sep 30, 2022 -57.73 Mn
Jun 30, 2022 -20.30 Mn
Mar 31, 2022 -45.04 Mn
Dec 31, 2021 -94.73 Mn
Sep 30, 2021 -42.41 Mn
Jun 30, 2021 -13.84 Mn
Mar 31, 2021 -9.66 Mn