Hello (MOMO) Operating Expenses (2013 - 2025)

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.

Hello (MOMO) Operating Expenses (2013 - 2025) 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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Alphabet 4,165.61 Bn 3,736.57 Bn 73.85 Bn 79.03 Bn
2 Meta Platforms 1,523.46 Bn 1,433.20 Bn 49.47 Bn 42.03 Bn
3 Taboola.com 1,141.85 Bn 1,141.71 Bn 139.48 Mn 132.22 Mn
4 Baidu 288.34 Bn 283.85 Bn 1.88 Mn 4.19 Bn
5 Spotify Technology 103.44 Bn 93.20 Bn 1.75 Bn 512.79 Mn
6 Joyy 77.39 Bn 76.50 Bn 205.64 Mn -187.82 Mn
7 BILI Social International 60.58 Bn 60.58 Bn 405,933.00 303,858.00
8 Nebius 50.20 Bn 40.57 Bn 295.20 Mn 527.00 Mn
9 Reddit 30.00 Bn 27.22 Bn 734.60 Mn 573.19 Mn
10 Hello 1.94 Bn 747.09 Mn 137.89 Mn -325.81 Mn

Historic Data

Download Data
DateValue
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