Huize Holding (HUIZ) Operating Expenses (2018 - 2025)

Huize Holding (HUIZ) reported Operating Expenses of -$128.7 million for Q4 2025, down 209.91% year-over-year from $117.1 million in Q4 2024, and down 141.06% quarter-over-quarter from -$53.4 million in Q2 2025.

Huize Holding (HUIZ) Operating Expenses (2018 - 2025) Analysis & Trends

Huize Holding (HUIZ) has 8 years of Operating Expenses data on file, last reported at -$128.7 million in Q4 2025.

  • Operating Expenses for Q4 2025 came in at -$128.7 million, down 209.91% year-over-year; the trailing twelve-month figure through Dec 2025 was -$264.0 million (down 49.52% YoY), and the FY2025 annual result was $225.3 million, up 29.51% from the prior year.
  • Operating Expenses fell to -$128.7 million in Q4 2025 per HUIZ's latest filing, from -$53.4 million in the prior quarter.
  • Over five years, Operating Expenses peaked at -$31.3 million in Q4 2023 and troughed at -$151.0 million in Q4 2021.
  • A 5-year average of -$58.1 million and a median of -$45.0 million in 2022 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2022 and 2025: Operating Expenses jumped 75.08% in 2022, then tumbled 209.91% in 2025.
  • A 5-year view of Operating Expenses shows it stood at -$151.0 million in 2021, then jumped by 75.08% to -$37.6 million in 2022, then climbed by 16.78% to -$31.3 million in 2023, then sank by 32.62% to -$41.5 million in 2024, then plunged by 209.91% to -$128.7 million in 2025.
  • Business Quant data shows HUIZ's Operating Expenses at -$128.7 million in Q4 2025, -$53.4 million in Q2 2025, and -$40.4 million in Q1 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Marsh & Mclennan Companies 79.42 Bn 67.92 Bn 5.88 Bn 5.84 Bn
2 Aon 69.98 Bn 68.59 Bn - 3.32 Bn
3 Arthur J. Gallagher 55.55 Bn 54.17 Bn - 3.72 Bn
4 Willis Towers Watson 24.71 Bn 22.93 Bn 1.98 Bn 1.96 Bn
5 Brown & Brown 19.80 Bn 18.82 Bn 1.61 Bn 17.00 Mn
6 XChange TEC.INC 6.75 Bn 6.75 Bn - -
7 Neptune Insurance Holdings 4.00 Bn 3.99 Bn - 24.35 Mn
8 Corvel 2.98 Bn 2.64 Bn 54.92 Mn 22.68 Mn
9 Accelerant Holdings 2.93 Bn 1.42 Bn 48.00 Mn 271.30 Mn
10 Huize Holding 189.24 Mn 156.37 Mn 34.76 Mn -128.69 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -128.69 Mn
Jun 30, 2025 -53.39 Mn
Mar 31, 2025 -40.40 Mn
Dec 31, 2024 -41.53 Mn
Sep 30, 2024 -50.79 Mn
Jun 30, 2024 -42.51 Mn
Mar 31, 2024 -41.75 Mn
Dec 31, 2023 -31.31 Mn
Sep 30, 2023 -37.59 Mn
Jun 30, 2023 -49.65 Mn
Mar 31, 2023 -41.93 Mn
Dec 31, 2022 -37.63 Mn
Sep 30, 2022 -51.25 Mn
Jun 30, 2022 -43.64 Mn
Mar 31, 2022 -44.99 Mn
Dec 31, 2021 -151.00 Mn
Sep 30, 2021 -61.06 Mn
Jun 30, 2021 -45.90 Mn
Mar 31, 2021 -107.96 Mn
Dec 31, 2020 -63.83 Mn