Cheche (CCG) Operating Expenses (2022 - 2025)

Cheche (CCG) reported Operating Expenses of -$12.6 million for Q4 2025, up 90.64% on a YoY basis from -$6.6 million in Q4 2024, and up 93.41% quarter-over-quarter from -$192.0 million in Q2 2025.

Cheche (CCG) Operating Expenses (2022 - 2025) Analysis & Trends

Cheche has reported Operating Expenses for 4 years, with the latest figure at -$12.6 million in Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses rose 90.64% year-over-year to -$12.6 million; the trailing twelve-month figure through Dec 2025 stood at -$461.9 million (down 19.35% YoY), and the FY2025 full-year result was -$25.9 million, up 94.66% from the prior year.
  • Operating Expenses for Q4 2025 stood at -$12.6 million, up from -$192.0 million in the prior quarter.
  • The five-year high for Operating Expenses was -$8.6 million in Q4 2022, with the low at -$192.0 million in Q2 2025.
  • Historically, Operating Expenses has averaged -$64.0 million across 4 years, with a median of -$12.8 million in 2023.
  • Annual changes were most pronounced in 2024 — Operating Expenses tumbled 943.33% — and 2025, when it soared 90.64%.
  • Cheche's Operating Expenses 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 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 Reddit 33.22 Bn 30.45 Bn 511.94 Mn 480.50 Mn
6 Pinterest 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 Cheche 5.82 Mn -14.58 Mn 13.52 Mn -12.65 Mn

Historic Data

Download Data
DateValue
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