Huya (HUYA) Operating Expenses (2017 - 2026)
Huya (HUYA) posted quarterly Operating Expenses of -$41.3 million for Q1 2026, down 19.08% year-over-year from -$51.0 million in Q1 2025, and up 11.7% quarter-over-quarter from -$46.8 million in Q4 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 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.
- The 5-year median for Operating Expenses is -$41.3 million (2026), against an average of -$39.2 million.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses surged 187.07% in 2024, then plunged 198.94% in 2025.
- Huya's Operating Expenses stood at -$48.8 million in 2022, then declined by 1.27% to -$49.4 million in 2023, then advanced by 25.88% to -$36.6 million in 2024, then decreased by 27.79% to -$46.8 million in 2025, then gained by 11.7% to -$41.3 million in 2026.
- Business Quant data shows HUYA's Operating Expenses at -$41.3 million in Q1 2026, -$46.8 million in Q4 2025, and -$35.1 million in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 325.80 Bn | 316.67 Bn | 6.52 Bn | 1.32 Bn |
| 2 | Walt Disney | 180.88 Bn | 175.70 Bn | 11.57 Bn | 20.49 Bn |
| 3 | Warner Bros. Discovery | 71.60 Bn | 68.23 Bn | 4.10 Bn | 8.48 Bn |
| 4 | Live Nation Entertainment | 41.97 Bn | 32.90 Bn | 1.94 Bn | 1.24 Bn |
| 5 | Fox | 26.42 Bn | 22.22 Bn | - | 2.38 Bn |
| 6 | Liberty Media | 23.42 Bn | 21.96 Bn | 329.00 Mn | 846.00 Mn |
| 7 | Roku | 23.35 Bn | 20.80 Bn | 673.70 Mn | 527.52 Mn |
| 8 | News | 18.65 Bn | 16.55 Bn | - | 991.00 Mn |
| 9 | TKO Group Holdings | 14.38 Bn | 12.83 Bn | 990.96 Mn | 1.12 Bn |
| 10 | Huya | 517.75 Mn | 517.75 Mn | 36.70 Mn | -41.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |