Growth Metrics

Huya (HUYA) Operating Expenses (2017 - 2026)

Huya's quarterly Operating Expenses came in at -$41.3 million in Q1 2026, down 19.08% year-on-year from -$51.0 million in Q1 2025, and up 11.7% quarter-over-quarter from -$46.8 million in Q4 2025.

Huya has reported Operating Expenses for 10 years, with the latest figure at -$41.3 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses fell 19.08% year-over-year to -$41.3 million; the trailing twelve-month figure through Mar 2026 stood at -$157.2 million (down 122.02% YoY), and the FY2025 full-year result was $153.3 million, up 7.44% from the prior year.
  • Operating Expenses for Q1 2026 stood at -$41.3 million, up from -$46.8 million in the prior quarter.
  • The five-year high for Operating Expenses was $35.5 million in Q3 2024, with the low at -$66.6 million in Q1 2022.
  • Average Operating Expenses over 5 years is -$39.2 million, with a median of -$41.3 million recorded in 2026.
  • Year-over-year, Operating Expenses surged 187.07% in 2024 and sank 198.94% in 2025.
  • Tracing HUYA's Operating Expenses over 5 years: stood at -$48.8 million in 2022, then retreated by 1.27% to -$49.4 million in 2023, then grew by 25.88% to -$36.6 million in 2024, then dropped by 27.79% to -$46.8 million in 2025, then climbed by 11.7% to -$41.3 million in 2026.
  • The last three Operating Expenses figures came in at -$41.3 million (Q1 2026), -$46.8 million (Q4 2025), and -$35.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Netflix 362.63 Bn 350.34 Bn 11.41 Bn 1.56 Bn
2 Walt Disney 181.67 Bn 188.27 Bn 23.68 Bn 21.38 Bn
3 Warner Bros. Discovery 67.91 Bn 65.77 Bn 4.25 Bn 11.36 Bn
4 Live Nation Entertainment 39.56 Bn 31.10 Bn 1.31 Bn 1.06 Bn
5 Fox 26.01 Bn 22.51 Bn - 2.49 Bn
6 Liberty Media 21.20 Bn 21.87 Bn 298.00 Mn 647.00 Mn
7 Roku 19.03 Bn 16.65 Bn 564.94 Mn 513.16 Mn
8 News 16.98 Bn 15.50 Bn - 952.00 Mn
9 TKO Group Holdings 16.11 Bn 14.42 Bn 862.52 Mn 1.26 Bn
10 Huya 97.44 Mn -1.92 Mn 36.70 Mn -41.30 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 -41.30 Mn
Dec 31, 2025 -46.77 Mn
Sep 30, 2025 -35.09 Mn
Jun 30, 2025 -34.00 Mn
Mar 31, 2025 -34.68 Mn
Dec 31, 2024 -36.60 Mn
Sep 30, 2024 35.46 Mn
Jun 30, 2024 -34.97 Mn
Mar 31, 2024 -37.58 Mn
Dec 31, 2023 -49.38 Mn
Sep 30, 2023 -40.73 Mn
Jun 30, 2023 -44.90 Mn
Mar 31, 2023 -45.34 Mn
Dec 31, 2022 -48.76 Mn
Sep 30, 2022 -52.68 Mn
Jun 30, 2022 -52.33 Mn
Mar 31, 2022 -66.58 Mn
Dec 31, 2021 -80.76 Mn
Sep 30, 2021 -80.03 Mn
Jun 30, 2021 -69.24 Mn
Mar 31, 2021 -65.29 Mn
Dec 31, 2020 -77.37 Mn
Sep 30, 2020 -65.58 Mn
Jun 30, 2020 -58.65 Mn
Mar 31, 2020 -49.83 Mn
Dec 31, 2019 -56.45 Mn
Sep 30, 2019 -49.47 Mn
Jun 30, 2019 -43.60 Mn
Mar 31, 2019 -37.85 Mn
Dec 31, 2018 -33.63 Mn
Sep 30, 2018 -30.22 Mn
Jun 30, 2018 -28.73 Mn
Mar 31, 2018 -18.04 Mn
Dec 31, 2017 -16.61 Mn
Sep 30, 2017 -16.10 Mn
Mar 31, 2017 -9.85 Mn