Hello (MOMO) Operating Expenses (2013 - 2025)
Hello's (MOMO) quarterly Operating Expenses came in at -$325.8 million in Q4 2025, up 1.23% year-on-year from -$321.8 million in Q4 2024, and little changed quarter-over-quarter from -$324.4 million in Q3 2025.
Hello (MOMO) Operating Expenses (2013 - 2025) Analysis & Trends
Hello has disclosed Operating Expenses across 13 years of filings, most recently posting -$325.8 million for Q4 2025.
- Operating Expenses for Q4 2025 came in at -$325.8 million, up 1.23% year-over-year; the trailing twelve-month figure through Dec 2025 was -$1.3 billion (down 0.54% YoY), and the FY2025 annual result was $1.3 billion, up 3.93% from the prior year.
- Operating Expenses came in at -$325.8 million for Q4 2025 at Hello, roughly flat from -$324.4 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of -$293.6 million in Q1 2024 to a low of -$1.2 billion in Q4 2021.
- The 5-year median for Operating Expenses is -$344.7 million (2023), against an average of -$411.0 million.
- Across the five-year window, Operating Expenses sank 140.56% in 2021 and jumped 67.27% in 2022, its largest moves.
- Hello's Operating Expenses stood at -$1.2 billion in 2021, then surged by 67.27% to -$397.0 million in 2022, then grew by 13.73% to -$342.5 million in 2023, then increased by 3.69% to -$329.9 million in 2024, then rose by 1.23% to -$325.8 million in 2025.
- The last three Operating Expenses figures came in at -$325.8 million (Q4 2025), -$324.4 million (Q3 2025), and -$311.0 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 1,913,603.98 Bn | 1,913,603.98 Bn | 295.20 Mn | 527.00 Mn |
| 2 | Alphabet | 4,425.33 Bn | 4,209.71 Bn | 102.29 Bn | 70.20 Bn |
| 3 | Meta Platforms | 1,502.66 Bn | 1,421.48 Bn | 46.09 Bn | 33.44 Bn |
| 4 | Spotify Technology | 119.69 Bn | 109.44 Bn | 1.75 Bn | 512.79 Mn |
| 5 | 33.22 Bn | 30.45 Bn | 511.94 Mn | 480.50 Mn | |
| 6 | 13.64 Bn | 12.34 Bn | 768.96 Mn | 1.09 Bn | |
| 7 | Kanzhun | 13.02 Bn | 10.92 Bn | 255.62 Bn | -209.66 Bn |
| 8 | Snap | 9.72 Bn | 6.90 Bn | 1.29 Bn | 1.60 Bn |
| 9 | Zillow | 8.26 Bn | 7.48 Bn | 519.00 Mn | 483.00 Mn |
| 10 | Hello | 262.88 Mn | -475.69 Mn | 318.52 Mn | -325.81 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | -460.37 Mn |