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

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

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 was -$16.0 million for Q4 2025 at High Templar Tech, up from -$16.7 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of -$9.7 million in Q1 2021 to a low of -$94.7 million in Q4 2021.
  • Historically, Operating Expenses has averaged -$25.3 million across 5 years, with a median of -$17.1 million in 2024.
  • Biggest YoY gain for Operating Expenses was 96.69% in 2021; the steepest drop was 3596.06% in 2021.
  • A 5-year view of Operating Expenses shows it stood at -$94.7 million in 2021, then jumped by 83.34% to -$15.8 million in 2022, then plunged by 64.33% to -$25.9 million in 2023, then grew by 13.53% to -$22.4 million in 2024, then gained by 28.81% to -$16.0 million in 2025.
  • The last three Operating Expenses figures came in at -$16.0 million (Q4 2025), -$16.7 million (Q3 2025), and -$16.4 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Visa 541.66 Bn 529.25 Bn - 4.00 Bn
2 Mastercard 437.55 Bn 427.34 Bn - 3.49 Bn
3 American Express 212.80 Bn 158.76 Bn 17.43 Bn 13.88 Bn
4 Capital One Financial 112.47 Bn 35.97 Bn - 8.46 Bn
5 PayPal Holdings 37.70 Bn 28.36 Bn 7.84 Bn 6.87 Bn
6 Synchrony Financial 24.26 Bn 3.70 Bn - 1.32 Bn
7 Affirm Holdings 21.24 Bn 19.51 Bn 261.64 Mn 950.34 Mn
8 SoFi Technologies 20.46 Bn 17.06 Bn 929.25 Mn 891.92 Mn
9 Ally Financial 13.30 Bn 12.86 Bn 1.98 Bn 1.24 Bn
10 High Templar Tech 40.88 Mn 40.88 Mn 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