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 Reddit 33.22 Bn 30.45 Bn 511.94 Mn 480.50 Mn
6 Pinterest 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
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