HAPN · XBRL financial data
Happen financial statements, every fiscal year
The same tables from 7 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (HAPN's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Revenue | 315 | — | — | — | — | — |
| Research and development | 139 | — | — | — | — | — |
| General and administrative | 213 | — | — | — | — | — |
| Total operating expenses | 502 | — | — | — | — | — |
| Other operating income (expense) | 13 | — | — | — | — | — |
| Interest expense | 142 | 80 | 83 | 271 | 374 | 336 |
| Income tax expense (benefit) | (0) | (0) | (137) | 16 | 14 | 41 |
| Net income (loss) | (188) | 19 | 290 | 39 | 51 | 136 |
| Earnings per share, basic USD per share | — | — | 2.80 | 0.36 | 0.46 | 1.18 |
| Earnings per share, diluted USD per share | — | 0.18 | 2.79 | 0.36 | 0.45 | 1.16 |
| Weighted average shares, basic millions of shares | — | — | 104 | 108 | 112 | 115 |
| Weighted average shares, diluted millions of shares | — | 102 | 104 | 108 | 113 | 117 |
Balance sheet
CSVFiscal years (HAPN's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 525 | 764 | 1,124 | 1,294 | 977 | 930 |
| Property and equipment, net | 97 | 98 | 136 | 162 | 168 | 254 |
| Right-of-use asset | 74 | 77 | 64 | 27 | 21 | 13 |
| Goodwill | 0 | 76 | 76 | 76 | 76 | 76 |
| Total assets | 1,863 | 4,900 | 7,980 | 8,827 | 10,631 | 11,568 |
| Total deposits | 0 | 3,136 | 6,393 | 7,333 | 9,068 | 9,834 |
| Total liabilities | 1,139 | 4,050 | 6,815 | 7,576 | 9,289 | 10,067 |
| Accumulated deficit | (786) | (768) | (428) | (389) | (337) | (202) |
| Total stockholders' equity | 724 | 850 | 1,164 | 1,252 | 1,342 | 1,500 |
| Total liabilities and equity | 1,863 | 4,900 | 7,980 | 8,827 | 10,631 | 11,568 |
| Common shares outstanding (cover page) millions of shares | 94 | 101 | 107 | 110 | 113 | 115 |
Cash flows
CSVFiscal years (HAPN's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Net income (loss) | (188) | 19 | 290 | 39 | 51 | 136 |
| Stock-based compensation | 62 | 67 | 66 | 52 | 40 | 34 |
| Depreciation and amortization | 54 | 6 | 44 | 47 | 59 | — |
| Net cash from operating activities | 418 | 240 | 376 | (1,137) | (2,634) | (2,727) |
| Purchases of property and equipment | 31 | 34 | 69 | 60 | 54 | 140 |
| Net cash from investing activities | 566 | (454) | (2,810) | 517 | 608 | 1,932 |
| Dividends paid | 50 | 0 | 0 | — | — | — |
| Repayments of long-term debt | 14 | 3 | 15 | — | — | — |
| Net cash from financing activities | (842) | 350 | 2,795 | 790 | 1,710 | 748 |
| Net change in cash | 141 | 135 | 361 | 170 | (317) | (47) |
Compare with peers
SIC 6141 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 6141 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Quarter |
|---|---|---|---|---|---|
| Happen | 15 | 263 | (692)* | 115.2M | 10-QSep 30, 2026 |
| Nelnet | 211 | not reported | 190* | not reported | 10-QSep 30, 2026 |
| Bread Financial Holdings | 3,961 | 1,017 | 601* | 38.0M | 10-QSep 30, 2026 |
| Credit Acceptance | 1.3 | 595 | 336* | 10.1M | 10-QSep 30, 2026 |
| World Acceptance | 10 | 139 | 64 | 4.7M | 10-QJun 30, 2026 |
| Enova International | 106 | 1,009 | 536* | 24.5M | 10-QSep 30, 2026 |
| Atlanticus Holdings | 601 | 776 | 253* | 15.3M | 10-QSep 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.
Data on this page was fetched . The filing on SEC.gov is the record.
