DouYu International Holdings (DOYU) Operating Expenses (2018 - 2025)

DouYu International Holdings (DOYU) reported Operating Expenses of -$16.2 million for Q4 2025, up 53.33% on a YoY basis from -$10.6 million in Q4 2024, and down 10.7% quarter-over-quarter from -$14.6 million in Q3 2025.

DouYu International Holdings (DOYU) Operating Expenses (2018 - 2025) Analysis & Trends

DouYu International Holdings has reported Operating Expenses for 8 years, with the latest figure at -$16.2 million in Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses rose 53.33% year-over-year to -$16.2 million; the trailing twelve-month figure through Dec 2025 stood at -$67.9 million (up 44.82% YoY), and the FY2025 full-year result was $69.3 million, down 43.62% from the prior year.
  • Operating Expenses for Q4 2025 stood at -$16.2 million, down from -$14.6 million in the prior quarter.
  • The five-year high for Operating Expenses was -$14.6 million in Q3 2025, with the low at -$78.0 million in Q2 2021.
  • Historically, Operating Expenses has averaged -$37.8 million across 5 years, with a median of -$34.7 million in 2023.
  • Annual changes were most pronounced in 2021 — Operating Expenses sank 94.48% — and 2025, when it surged 53.33%.
  • DouYu International Holdings' Operating Expenses stood at -$70.1 million in 2021, then surged by 49.92% to -$35.1 million in 2022, then rose by 1.01% to -$34.7 million in 2023, then climbed by 0.11% to -$34.7 million in 2024, then surged by 53.33% to -$16.2 million in 2025.
  • The last three Operating Expenses figures came in at -$16.2 million (Q4 2025), -$14.6 million (Q3 2025), and -$17.8 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 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 DouYu International Holdings 21.27 Mn -297.60 Mn 16.87 Mn -16.20 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -16.20 Mn
Sep 30, 2025 -14.63 Mn
Jun 30, 2025 -17.83 Mn
Mar 31, 2025 -19.25 Mn
Dec 31, 2024 -34.71 Mn
Sep 30, 2024 -22.09 Mn
Jun 30, 2024 -28.04 Mn
Mar 31, 2024 -38.22 Mn
Dec 31, 2023 -34.75 Mn
Sep 30, 2023 -27.58 Mn
Jun 30, 2023 -27.09 Mn
Mar 31, 2023 -29.67 Mn
Dec 31, 2022 -35.10 Mn
Sep 30, 2022 -36.88 Mn
Jun 30, 2022 -50.70 Mn
Mar 31, 2022 -54.42 Mn
Dec 31, 2021 -70.09 Mn
Sep 30, 2021 -62.50 Mn
Jun 30, 2021 -78.05 Mn
Mar 31, 2021 -58.81 Mn