Autohome (ATHM) Operating Expenses (2012 - 2026)
Autohome (ATHM) posted quarterly Operating Expenses of -$158.9 million for Q4 2025, up 1.43% year-over-year from -$156.7 million in Q4 2024, and down 10.45% quarter-over-quarter from -$143.9 million in Q3 2025.
Analysis
Autohome (ATHM) Operating Expenses (2012 - 2026) Analysis & Trends
Autohome's Operating Expenses history runs 14 years deep, the most recent figure standing at -$158.9 million for Q4 2025.
- In Q4 2025, Operating Expenses rose 1.43% year-over-year to -$158.9 million; the TTM figure through Dec 2025 stood at -$575.4 million (up 14.52% YoY), while the FY2025 annual figure was $186.9 million, down 71.82% from the prior year.
- Operating Expenses for Q4 2025 stood at -$158.9 million, down from -$143.9 million in the prior quarter.
- The five-year high for Operating Expenses was -$130.7 million in Q1 2025, with the low at -$207.9 million in Q4 2021.
- The 5-year median for Operating Expenses is -$167.8 million (2021), against an average of -$168.5 million.
- The sharpest annual moves came in 2021 and 2025: Operating Expenses tumbled 33.2% in 2021, then grew 25.32% in 2025.
- Autohome's Operating Expenses stood at -$207.9 million in 2021, then rose by 24.12% to -$157.8 million in 2022, then declined by 10.94% to -$175.0 million in 2023, then rose by 7.89% to -$161.2 million in 2024, then grew by 1.43% to -$158.9 million in 2025.
- Business Quant data shows ATHM's Operating Expenses at -$158.9 million in Q4 2025, -$143.9 million in Q3 2025, and -$141.8 million in Q2 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | 79.03 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 42.03 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 640.46 Mn |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | 758.20 Mn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 573.19 Mn | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | -379.21 Mn |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | -191.00 Mn |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | 1.23 Bn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 607.66 Mn |
| 10 | Autohome | 2.57 Bn | -92.55 Mn | 136.18 Mn | -128.34 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -128.34 Mn |
| Mar 31, 2026 | -130.48 Mn |
| Dec 31, 2025 | -158.94 Mn |
| Sep 30, 2025 | -143.90 Mn |
| Jun 30, 2025 | -141.78 Mn |
| Mar 31, 2025 | -130.75 Mn |
| Dec 31, 2024 | -161.24 Mn |
| Sep 30, 2024 | -192.69 Mn |
| Jun 30, 2024 | -163.11 Mn |
| Mar 31, 2024 | -156.07 Mn |
| Dec 31, 2023 | -175.05 Mn |
| Sep 30, 2023 | -196.19 Mn |
| Jun 30, 2023 | -169.36 Mn |
| Mar 31, 2023 | -145.12 Mn |
| Dec 31, 2022 | -157.79 Mn |
| Sep 30, 2022 | -194.81 Mn |
| Jun 30, 2022 | -183.27 Mn |
| Mar 31, 2022 | -171.01 Mn |
| Dec 31, 2021 | -207.95 Mn |
| Sep 30, 2021 | -184.22 Mn |