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% quarter-over-quarter from -$16.7 million in Q3 2025.

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

High Templar Tech's Operating Expenses history runs 10 years deep, the most recent figure standing at -$16.0 million for 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 for Q4 2025 stood at -$16.0 million, 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.
  • The 5-year median for Operating Expenses is -$17.1 million (2024), against an average of -$25.3 million.
  • Peak annual rise in Operating Expenses reached 96.69% in 2021, while the deepest fall reached 3596.06% in 2021.
  • High Templar Tech's Operating Expenses stood at -$94.7 million in 2021, then soared by 83.34% to -$15.8 million in 2022, then tumbled by 64.33% to -$25.9 million in 2023, then climbed by 13.53% to -$22.4 million in 2024, then rose by 28.81% to -$16.0 million in 2025.
  • Business Quant data shows HTT's Operating Expenses at -$16.0 million in Q4 2025, -$16.7 million in Q3 2025, and -$16.4 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Visa 618.21 Bn 605.85 Bn - 4.76 Bn
2 Mastercard 506.53 Bn 493.04 Bn - 3.69 Bn
3 American Express 232.32 Bn 183.00 Bn 17.99 Bn 14.48 Bn
4 Capital One Financial 136.19 Bn 81.48 Bn - 9.04 Bn
5 PayPal Holdings 52.34 Bn 41.08 Bn - 7.26 Bn
6 Eason Technology 35.89 Bn 35.89 Bn - -
7 Synchrony Financial 26.09 Bn 9.90 Bn - 1.33 Bn
8 Affirm Holdings 25.93 Bn 24.20 Bn - 950.34 Mn
9 SoFi Technologies 23.04 Bn 22.68 Bn -41.62 Mn 891.92 Mn
10 High Templar Tech 404.50 Mn 404.50 Mn 123,000.00 -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