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 2,430,078.11 Bn 2,430,078.11 Bn 295.20 Mn 527.00 Mn
2 Alphabet 4,448.32 Bn 4,232.70 Bn 102.29 Bn 70.20 Bn
3 Meta Platforms 1,465.06 Bn 1,383.88 Bn 46.09 Bn 33.44 Bn
4 Spotify Technology 113.19 Bn 102.95 Bn 1.75 Bn 512.79 Mn
5 Reddit 33.56 Bn 30.79 Bn 511.94 Mn 480.50 Mn
6 Pinterest 12.93 Bn 11.63 Bn 768.96 Mn 1.09 Bn
7 Kanzhun 12.77 Bn 10.67 Bn 255.62 Bn -209.66 Bn
8 Match 8.28 Bn 7.26 Bn 653.28 Mn 627.52 Mn
9 Snap 7.91 Bn 5.08 Bn 1.29 Bn 1.60 Bn
10 Autohome 1.20 Bn 773.93 Mn 163.46 Mn -158.94 Mn

Historic Data

Download Data
DateValue
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