Growth Metrics

Dingdong (Cayman) (DDL) Operating Expenses (2020 - 2025)

Dingdong (Cayman)'s quarterly Operating Expenses came in at -$894.1 million in Q4 2025, down 11.6% year-on-year from -$1.0 billion in Q4 2024, and up 3.88% quarter-over-quarter from -$930.1 million in Q3 2025.

Dingdong (Cayman) has reported Operating Expenses for 6 years, with the latest figure at -$894.1 million in Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses fell 11.6% year-over-year to -$894.1 million; the trailing twelve-month figure through Dec 2025 stood at -$3.4 billion (down 7.21% YoY), and the FY2025 full-year result was $3.5 billion, up 10.88% from the prior year.
  • Operating Expenses for Q4 2025 stood at -$894.1 million, up from -$930.1 million in the prior quarter.
  • The five-year high for Operating Expenses was -$671.2 million in Q2 2023, with the low at -$1.3 billion in Q3 2021.
  • Average Operating Expenses over 5 years is -$861.6 million, with a median of -$857.0 million recorded in 2022.
  • Year-over-year, Operating Expenses slumped 133.42% in 2021 and jumped 32.24% in 2023.
  • Tracing DDL's Operating Expenses over 5 years: stood at -$1.0 billion in 2021, then grew by 12.82% to -$892.4 million in 2022, then climbed by 20.62% to -$708.4 million in 2023, then dropped by 13.09% to -$801.2 million in 2024, then slipped by 11.6% to -$894.1 million in 2025.
  • The last three Operating Expenses figures came in at -$894.1 million (Q4 2025), -$930.1 million (Q3 2025), and -$834.8 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Kroger 43.85 Bn 40.52 Bn 8.12 Bn -
2 Albertsons Companies 8.84 Bn 8.64 Bn 5.51 Bn 6.00 Bn
3 Sprouts Farmers Market 8.22 Bn 7.97 Bn 917.28 Mn 658.78 Mn
4 Weis Markets 1.79 Bn 1.59 Bn 330.25 Mn 87.56 Mn
5 Grocery Outlet Holding 788.88 Mn 729.89 Mn 345.20 Mn 365.21 Mn
6 Natural Grocers by Vitamin Cottage 662.10 Mn 641.38 Mn 102.44 Mn 79.28 Mn
7 Krispy Kreme 562.50 Mn 489.27 Mn 356.92 Mn 58.23 Mn
8 Ingles Markets 393.09 Mn -32.08 Mn 325.26 Mn 291.15 Mn
9 Village Super Market 190.86 Mn 30.76 Mn - -
10 Dingdong (Cayman) 19.61 Mn -117.39 Mn 261.22 Mn -894.09 Mn

Historic Data

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DateValue
Dec 31, 2025 -894.09 Mn
Sep 30, 2025 -930.14 Mn
Jun 30, 2025 -834.79 Mn
Mar 31, 2025 -760.54 Mn
Dec 31, 2024 -801.18 Mn
Sep 30, 2024 -917.48 Mn
Jun 30, 2024 -772.35 Mn
Mar 31, 2024 -698.73 Mn
Dec 31, 2023 -708.43 Mn
Sep 30, 2023 -707.74 Mn
Jun 30, 2023 -671.17 Mn
Mar 31, 2023 -734.37 Mn
Dec 31, 2022 -892.40 Mn
Sep 30, 2022 -879.25 Mn
Jun 30, 2022 -990.52 Mn
Mar 31, 2022 -929.48 Mn
Dec 31, 2021 -1.02 Bn
Sep 30, 2021 -1.27 Bn
Jun 30, 2021 -1.02 Bn
Mar 31, 2021 -792.34 Mn
Dec 31, 2020 -666.31 Mn
Sep 30, 2020 -545.75 Mn
Jun 30, 2020 -480.64 Mn