Autohome (ATHM) Operating Expenses (2012 - 2025)
Autohome (ATHM) recorded quarterly Operating Expenses of -$158.9 million in Q4 2025, down 10.45% quarter-over-quarter from -$143.9 million in Q3 2025, and up 1.43% on a YoY basis from -$156.7 million in Q4 2024.
Autohome (ATHM) Operating Expenses (2012 - 2025) 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 was -$158.9 million for Q4 2025 at Autohome, down from -$143.9 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of -$130.7 million in Q1 2025 to a low of -$207.9 million in Q4 2021.
- Historically, Operating Expenses has averaged -$168.5 million across 5 years, with a median of -$167.8 million in 2021.
- The sharpest annual moves came in 2021 and 2025: Operating Expenses plunged 33.2% in 2021, then increased 25.32% in 2025.
- A 5-year view of Operating Expenses shows it stood at -$207.9 million in 2021, then gained by 24.12% to -$157.8 million in 2022, then fell by 10.94% to -$175.0 million in 2023, then gained by 7.89% to -$161.2 million in 2024, then increased by 1.43% to -$158.9 million in 2025.
- The last three Operating Expenses figures came in at -$158.9 million (Q4 2025), -$143.9 million (Q3 2025), and -$141.8 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 | 33.22 Bn | 30.45 Bn | 511.94 Mn | 480.50 Mn | |
| 6 | 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 | Autohome | 1.10 Bn | 665.21 Mn | 163.46 Mn | -158.94 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | -166.31 Mn |
| Mar 31, 2021 | -170.31 Mn |