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

Huize Holding's (HUIZ) quarterly Operating Expenses came in at -$128.7 million in Q4 2025, down 209.91% year-on-year from $117.1 million in Q4 2024, and down 141.06% on a QoQ basis 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.

  • On a quarterly basis, Operating Expenses fell 209.91% year-over-year to -$128.7 million in Q4 2025; TTM through Dec 2025 was -$264.0 million, a 49.52% decrease from a year earlier, with the FY2025 full-year figure at $225.3 million, up 29.51% from the prior year.
  • Operating Expenses for Q4 2025 stood at -$128.7 million, down from -$53.4 million in the prior quarter.
  • Over the last five years, Operating Expenses for HUIZ reached as high as -$31.3 million in Q4 2023 and fell as low as -$151.0 million in Q4 2021.
  • Historically, Operating Expenses has averaged -$58.1 million across 5 years, with a median of -$45.0 million in 2022.
  • Across the five-year window, Operating Expenses surged 75.08% in 2022 and sank 209.91% in 2025, its largest moves.
  • Year by year, Operating Expenses stood at -$151.0 million in 2021, then jumped by 75.08% to -$37.6 million in 2022, then rose by 16.78% to -$31.3 million in 2023, then slumped by 32.62% to -$41.5 million in 2024, then sank by 209.91% to -$128.7 million in 2025.
  • Per Business Quant data, the three most recent Operating Expenses figures were -$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 84.27 Bn 72.32 Bn 6.04 Bn 5.51 Bn
2 Aon 75.99 Bn 74.60 Bn - 3.32 Bn
3 Arthur J. Gallagher 62.23 Bn 60.85 Bn - 643.00 Mn
4 Willis Towers Watson 27.24 Bn 25.46 Bn 1.98 Bn 1.96 Bn
5 Brown & Brown 23.60 Bn 22.62 Bn 1.61 Bn 1.37 Bn
6 Neptune Insurance Holdings 4.12 Bn 4.11 Bn 26.44 Mn 24.35 Mn
7 Accelerant Holdings 3.06 Bn 1.55 Bn 48.00 Mn 271.30 Mn
8 Corvel 3.03 Bn 2.68 Bn 54.92 Mn 22.68 Mn
9 Baldwin Insurance 2.43 Bn 2.87 Bn - 633.50 Mn
10 Huize Holding 1.22 Bn 1.22 Bn 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