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| 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 |
| 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 |