Huya (HUYA) Operating Expenses (2017 - 2026)

Huya's (HUYA) 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 (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.

  • On a quarterly basis, Operating Expenses fell 19.08% year-over-year to -$41.3 million in Q1 2026; TTM through Mar 2026 was -$157.2 million, a 122.02% decrease from a year earlier, with the FY2025 full-year figure at $153.3 million, up 7.44% from the prior year.
  • Operating Expenses grew to -$41.3 million in Q1 2026 per HUYA's latest filing, from -$46.8 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $35.5 million in Q3 2024 and bottomed 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.
  • Across the five-year window, Operating Expenses surged 187.07% in 2024 and sank 198.94% in 2025, its largest moves.
  • Year by year, Operating Expenses 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.
  • Per Business Quant, the three latest HUYA Operating Expenses figures stand at -$41.3 million (Q1 2026), -$46.8 million (Q4 2025), and -$35.1 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Netflix 286.85 Bn 277.73 Bn 6.52 Bn 1.32 Bn
2 Walt Disney 176.45 Bn 177.38 Bn 10.75 Bn 21.38 Bn
3 Warner Bros. Discovery 71.03 Bn 68.89 Bn 4.25 Bn 11.36 Bn
4 Live Nation Entertainment 40.94 Bn 32.48 Bn 1.31 Bn 1.52 Bn
5 Liberty Media 29.72 Bn 29.06 Bn 298.00 Mn 647.00 Mn
6 Roku 20.90 Bn 18.52 Bn 564.94 Mn 513.16 Mn
7 TKO Group Holdings 20.86 Bn 19.17 Bn 862.52 Mn 1.26 Bn
8 Fox 20.85 Bn 17.36 Bn - 2.49 Bn
9 News 16.48 Bn 15.01 Bn - 952.00 Mn
10 Huya 549.22 Mn 549.22 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