Huya (HUYA) Operating Expenses (2017 - 2026)

Huya (HUYA) recorded quarterly Operating Expenses of -$41.3 million in Q1 2026, up 11.7% quarter-over-quarter from -$46.8 million in Q4 2025, and down 19.08% on a YoY basis from -$51.0 million in Q1 2025.

Huya (HUYA) Operating Expenses (2017 - 2026) Analysis & Trends

Huya's Operating Expenses history runs 10 years deep, the most recent figure standing at -$41.3 million for Q1 2026.

  • In Q1 2026, Operating Expenses fell 19.08% year-over-year to -$41.3 million; the TTM figure through Mar 2026 stood at -$157.2 million (down 122.02% YoY), while the FY2025 annual figure was $153.3 million, up 7.44% from the prior year.
  • Operating Expenses was -$41.3 million for Q1 2026 at Huya, up from -$46.8 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $35.5 million in Q3 2024 to a low of -$66.6 million in Q1 2022.
  • Historically, Operating Expenses has averaged -$39.2 million across 5 years, with a median of -$41.3 million in 2026.
  • The sharpest annual moves came in 2024 and 2025: Operating Expenses soared 187.07% in 2024, then sank 198.94% in 2025.
  • A 5-year view of Operating Expenses shows it stood at -$48.8 million in 2022, then fell by 1.27% to -$49.4 million in 2023, then climbed by 25.88% to -$36.6 million in 2024, then slipped by 27.79% to -$46.8 million in 2025, then advanced 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 327.69 Bn 315.40 Bn 11.41 Bn 1.56 Bn
2 Walt Disney 184.70 Bn 191.31 Bn 23.68 Bn 21.38 Bn
3 Warner Bros. Discovery 65.23 Bn 63.09 Bn 4.25 Bn 11.36 Bn
4 Brera Holdings 53.07 Bn 53.07 Bn - 1.60 Mn
5 Live Nation Entertainment 39.71 Bn 31.25 Bn 1.31 Bn 1.06 Bn
6 Liberty Media 21.13 Bn 21.80 Bn 298.00 Mn 647.00 Mn
7 Fox 20.41 Bn 16.92 Bn - 2.49 Bn
8 Roku 20.39 Bn 18.01 Bn 564.94 Mn 513.16 Mn
9 News 15.92 Bn 14.45 Bn - 952.00 Mn
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