Hello (MOMO) Operating Expenses (2013 - 2026)
Hello (MOMO) posted Operating Expenses of -$325.8 million for Q4 2025, little changed sequentially from -$324.4 million in Q3 2025, and up 1.23% YoY from -$321.8 million in Q4 2024.
Analysis
Hello (MOMO) Operating Expenses (2013 - 2026) Analysis & Trends
Hello has reported Operating Expenses for 13 years, with the latest figure at -$325.8 million in Q4 2025.
- Quarterly Operating Expenses rose 1.23% year-over-year to -$325.8 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$1.3 billion (down 0.54% YoY) and the FY2025 annual result came in at $1.3 billion, up 3.93% from the prior year.
- Operating Expenses steadied at -$325.8 million in Q4 2025 per MOMO's latest filing, from -$324.4 million in the prior quarter.
- Over five years, Operating Expenses peaked at -$293.6 million in Q1 2024 and troughed at -$1.2 billion in Q4 2021.
- A 5-year average of -$411.0 million and a median of -$344.7 million in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2021 and 2022: Operating Expenses sank 140.56% in 2021, then soared 67.27% in 2022.
- Over 5 years, Operating Expenses stood at -$1.2 billion in 2021, then jumped by 67.27% to -$397.0 million in 2022, then rose by 13.73% to -$342.5 million in 2023, then gained by 3.69% to -$329.9 million in 2024, then advanced by 1.23% to -$325.8 million in 2025.
- According to Business Quant data, Operating Expenses over the past three periods registered -$325.8 million, -$324.4 million, and -$311.0 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | 79.03 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 42.03 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 640.46 Mn |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | 758.20 Mn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 573.19 Mn | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | -379.21 Mn |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | -191.00 Mn |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | 1.23 Bn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 607.66 Mn |
| 10 | Hello | 921.46 Mn | 102.26 Mn | 133.20 Mn | -302.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -302.80 Mn |
| Dec 31, 2025 | -325.81 Mn |
| Sep 30, 2025 | -324.41 Mn |
| Jun 30, 2025 | -310.98 Mn |
| Mar 31, 2025 | -307.93 Mn |
| Dec 31, 2024 | -329.87 Mn |
| Sep 30, 2024 | -325.78 Mn |
| Jun 30, 2024 | -313.08 Mn |
| Mar 31, 2024 | -293.62 Mn |
| Dec 31, 2023 | -342.51 Mn |
| Sep 30, 2023 | -337.32 Mn |
| Jun 30, 2023 | -346.91 Mn |
| Mar 31, 2023 | -352.25 Mn |
| Dec 31, 2022 | -397.01 Mn |
| Sep 30, 2022 | -384.37 Mn |
| Jun 30, 2022 | -418.75 Mn |
| Mar 31, 2022 | -444.84 Mn |
| Dec 31, 2021 | -1.21 Bn |
| Sep 30, 2021 | -515.24 Mn |
| Jun 30, 2021 | -476.36 Mn |