HeartCore Enterprises Operating Expenses Growth & History (HTCR)
HeartCore Enterprises's operating expenses was $6.3M for fiscal 2025.
View full HeartCore Enterprises company overviewHeartCore Enterprises annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $6.3M | −$8.6M | −57.84% |
| 2024 | 2024-12-31 | $14.9M | $2.7M | +22.08% |
| 2023 | 2023-12-31 | $12.2M | $2.1M | +21.29% |
| 2022 | 2022-12-31 | $10.0M | $4.9M | +95.90% |
| 2021 | 2021-12-31 | $5.1M | $1.4M | +36.42% |
| 2020 | 2020-12-31 | $3.8M | — | — |
HeartCore Enterprises quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $753,800 | $9,287 | +1.25% |
| Q1 2026 | 2026-03-31 | $1.6M | −$119,581 | −6.90% |
| Q4 2025 | 2025-12-31 | $2.3M | −$5.9M | −71.70% |
| Q3 2025 | 2025-09-30 | $1.5M | −$189,539 | −11.36% |
| Q2 2025 | 2025-06-30 | $744,513 | −$1.6M | −67.81% |
| Q1 2025 | 2025-03-31 | $1.7M | −$981,017 | −36.13% |
| Q4 2024 | 2024-12-31 | $8.2M | $4.9M | +150.82% |
| Q3 2024 | 2024-09-30 | $1.7M | −$947,317 | −36.21% |
| Q2 2024 | 2024-06-30 | $2.3M | −$662,472 | −22.26% |
| Q1 2024 | 2024-03-31 | $2.7M | −$618,329 | −18.55% |
| Q4 2023 | 2023-12-31 | $3.3M | $1.3M | +69.41% |
| Q3 2023 | 2023-09-30 | $2.6M | $273,613 | +11.68% |
| Q2 2023 | 2023-06-30 | $3.0M | −$20,822 | −0.69% |
| Q1 2023 | 2023-03-31 | $3.3M | $550,363 | +19.78% |
| Q4 2022 | 2022-12-31 | $1.9M | $331,378 | +20.79% |
| Q3 2022 | 2022-09-30 | $2.3M | $870,974 | +59.18% |
| Q2 2022 | 2022-06-30 | $3.0M | $1.8M | +149.28% |
| Q1 2022 | 2022-03-31 | $2.8M | $1.9M | +223.15% |
| Q4 2021 | 2021-12-31 | $1.6M | — | — |
| Q3 2021 | 2021-09-30 | $1.5M | — | — |
| Q2 2021 | 2021-06-30 | $1.2M | — | — |
| Q1 2021 | 2021-03-31 | $861,235 | — | — |
HeartCore Enterprises operating expenses trends
Over the last five fiscal years, HeartCore Enterprises's operating expenses increased from $3.8M to $6.3M, a change of $2.5M. The latest reported quarter, Q2 2026, shows $753,800.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review HeartCore Enterprises source filings ↗