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| 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 |