Fangdd Network (DUO) Accumulated Expenses (2018 - 2025)

Fangdd Network (DUO) has reported Accumulated Expenses for 8 consecutive years, with $14.1 million the latest figure, recorded in Q4 2025.

• In Q4 2025, Accumulated Expenses fell 3.45% year-over-year to $14.1 million; the TTM figure through Dec 2025 stood at $14.1 million (down 3.45% YoY), while the FY2025 annual figure was $14.3 million, changed 0.5% from the prior year.
• Accumulated Expenses declined to $14.1 million in Q4 2025 per DUO's latest filing, from $15.8 million in the prior quarter.
• Across five years, Accumulated Expenses topped out at $41.7 million in Q2 2021 and bottomed at $14.1 million in Q4 2025.
• Historically, Accumulated Expenses has averaged $24.6 million across 5 years, with a median of $21.0 million in 2022.
• Annual changes were most pronounced in 2022 — Accumulated Expenses plunged 39.09% — and 2025, when it gained 5.1%.
• Fangdd Network's Accumulated Expenses stood at $37.3 million in 2021, then tumbled by 31.64% to $25.5 million in 2022, then plunged by 38.34% to $15.7 million in 2023, then fell by 7.28% to $14.6 million in 2024, then declined by 3.45% to $14.1 million in 2025.
• Business Quant data shows DUO's Accumulated Expenses at $14.1 million in Q4 2025, $15.8 million in Q2 2025, and $14.6 million in Q4 2024.