Huize Holding (HUIZ) Operating Expenses (2018 - 2025)
Huize Holding (HUIZ) posted quarterly 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 reported Operating Expenses for 8 consecutive years, with -$128.7 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Operating Expenses fell 209.91% year-over-year to -$128.7 million; the TTM figure through Dec 2025 stood at -$264.0 million (down 49.52% YoY), while the FY2025 annual figure was $225.3 million, up 29.51% from the prior year.
- Operating Expenses eased to -$128.7 million in Q4 2025 per HUIZ's latest filing, from -$53.4 million in the prior quarter.
- Across five years, Operating Expenses topped out at -$31.3 million in Q4 2023 and bottomed at -$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.
- Annual changes were most pronounced in 2022 — Operating Expenses jumped 75.08% — and 2025, when it tumbled 209.91%.
- Huize Holding's Operating Expenses stood at -$151.0 million in 2021, then surged by 75.08% to -$37.6 million in 2022, then grew 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.
- 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | XChange TEC.INC | 265.99 Bn | 265.99 Bn | - | - |
| 2 | Marsh & Mclennan Companies | 92.14 Bn | 79.94 Bn | 6.04 Bn | 5.51 Bn |
| 3 | Aon | 75.64 Bn | 74.37 Bn | - | 3.33 Bn |
| 4 | Arthur J. Gallagher | 67.55 Bn | 66.16 Bn | - | 3.59 Bn |
| 5 | Willis Towers Watson | 32.13 Bn | 30.47 Bn | 2.09 Bn | 2.10 Bn |
| 6 | Brown & Brown | 23.98 Bn | 23.06 Bn | 1.41 Bn | 1.29 Bn |
| 7 | Erie Indemnity | 12.29 Bn | 11.94 Bn | - | 885.67 Mn |
| 8 | Neptune Insurance Holdings | 4.61 Bn | 4.59 Bn | - | 29.32 Mn |
| 9 | Accelerant Holdings | 4.28 Bn | 2.62 Bn | 285.20 Mn | 269.50 Mn |
| 10 | Huize Holding | 16.80 Mn | -18.98 Mn | 34.76 Mn | -128.69 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |