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| 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 |