TEN Holdings (XHLD) Operating Expenses (2024 - 2026)
TEN Holdings' (XHLD) quarterly Operating Expenses came in at $3.6 million in Q2 2026, up 57.32% on a YoY basis from $2.3 million in Q2 2025, and up 6.82% quarter-over-quarter from $3.4 million in Q1 2026.
Analysis
TEN Holdings (XHLD) Operating Expenses (2024 - 2026) Analysis & Trends
TEN Holdings (XHLD) has reported Operating Expenses for 3 consecutive years, with $3.6 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 57.32% year-over-year to $3.6 million; the trailing twelve-month figure through Jun 2026 stood at $15.3 million (up 42.35% YoY), and the FY2025 full-year result was $15.9 million, up 184.35% from the prior year.
- Operating Expenses grew to $3.6 million in Q2 2026 per XHLD's latest filing, from $3.4 million in the prior quarter.
- Across five years, Operating Expenses topped out at $5.9 million in Q4 2025 and bottomed at $1.3 million in Q2 2024.
- Historically, Operating Expenses has averaged $3.0 million across 3 years, with a median of $2.3 million in 2025.
- The sharpest annual moves came in 2025 and 2026: Operating Expenses surged 232.58% in 2025, then tumbled 36.24% in 2026.
- Over 3 years, Operating Expenses stood at $1.8 million in 2024, then soared by 232.58% to $5.9 million in 2025, then slumped by 38.85% to $3.6 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $3.6 million, $3.4 million, and $5.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Live Nation Entertainment | 40.03 Bn | 30.96 Bn | 1.94 Bn | 1.36 Bn |
| 2 | Liberty Media | 22.11 Bn | 20.48 Bn | 329.00 Mn | 846.00 Mn |
| 3 | TKO Group Holdings | 14.19 Bn | 12.63 Bn | 990.96 Mn | 1.12 Bn |
| 4 | Liberty Live Holdings | 9.43 Bn | 8.93 Bn | 30.26 Mn | 148.00 Mn |
| 5 | Madison Square Garden Entertainment | 3.64 Bn | 3.34 Bn | 75.84 Mn | 70.26 Mn |
| 6 | Emerald Holding | 997.46 Mn | 876.36 Mn | 99.50 Mn | 71.90 Mn |
| 7 | TEN Holdings | 44.97 Mn | 39.03 Mn | 627,000.00 | 3.62 Mn |
| 8 | Nip | 34.80 Mn | -10,346.86 Bn | - | - |
| 9 | Lingerie Fighting Championships | 146,314.88 | 126,986.88 | -1,246.00 | 83,918.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.62 Mn |
| Mar 31, 2026 | 3.39 Mn |
| Dec 31, 2025 | 5.92 Mn |
| Sep 30, 2025 | 2.33 Mn |
| Jun 30, 2025 | 2.30 Mn |
| Mar 31, 2025 | 5.32 Mn |
| Dec 31, 2024 | 1.78 Mn |
| Sep 30, 2024 | 1.33 Mn |
| Jun 30, 2024 | 1.26 Mn |