Cheche (CCG) Operating Expenses (2022 - 2025)
Cheche's (CCG) quarterly Operating Expenses came in at -$12.6 million in Q4 2025, up 90.64% YoY from -$6.6 million in Q4 2024, and up 93.41% on a QoQ basis from -$192.0 million in Q2 2025.
Analysis
Cheche (CCG) Operating Expenses (2022 - 2025) Analysis & Trends
Cheche (CCG) has 4 years of Operating Expenses data on file, last reported at -$12.6 million in Q4 2025.
- Quarterly Operating Expenses rose 90.64% year-over-year to -$12.6 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$461.9 million (down 19.35% YoY) and the FY2025 annual result came in at -$25.9 million, up 94.66% from the prior year.
- Operating Expenses climbed to -$12.6 million in Q4 2025, from -$192.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of -$8.6 million in Q4 2022 to a low of -$192.0 million in Q2 2025.
- A 4-year average of -$64.0 million and a median of -$12.8 million in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2024 — Operating Expenses tumbled 943.33% — and 2025, when it soared 90.64%.
- Tracing CCG's Operating Expenses over 4 years: stood at -$8.6 million in 2022, then plunged by 50.39% to -$13.0 million in 2023, then plunged by 943.33% to -$135.2 million in 2024, then soared by 90.64% to -$12.6 million in 2025.
- The last three Operating Expenses figures came in at -$12.6 million (Q4 2025), -$192.0 million (Q2 2025), and -$135.2 million (Q4 2024), per Business Quant data.
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 | Cheche | 37.75 Mn | 37.77 Mn | 13.52 Mn | -12.65 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -12.65 Mn |
| Jun 30, 2025 | -192.04 Mn |
| Dec 31, 2024 | -135.17 Mn |
| Sep 30, 2024 | -122.09 Mn |
| Jun 30, 2024 | -120.70 Mn |
| Mar 31, 2024 | -9.10 Mn |
| Dec 31, 2023 | -12.96 Mn |
| Sep 30, 2023 | -11.96 Mn |
| Jun 30, 2023 | -121.95 Mn |
| Mar 31, 2023 | -11.79 Mn |
| Dec 31, 2022 | -8.61 Mn |
| Sep 30, 2022 | -8.81 Mn |