Fangdd Network (DUO) Cost of Revenue (2018 - 2022)

Fangdd Network (DUO) has reported Cost of Revenue for 5 consecutive years, with $31.1 million the latest figure, recorded in Q4 2022.

• On a quarterly basis, Cost of Revenue fell 76.21% year-over-year to $31.1 million in Q4 2022; TTM through Dec 2022 was $239.5 million, a 3.49% decrease from a year earlier, with the FY2025 full-year figure at $41.6 million, up 9.6% from the prior year.
• Cost of Revenue was $31.1 million for Q4 2022 at Fangdd Network, down from $130.7 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $403.3 million in Q4 2019 and troughed at $25.2 million in Q3 2021.
• A 5-year average of $109.1 million and a median of $79.8 million in 2018 frame the typical range for Cost of Revenue.
• Across the five-year window, Cost of Revenue soared 405.42% in 2019 and plunged 76.21% in 2022, its largest moves.
• Over 5 years, Cost of Revenue stood at $79.8 million in 2018, then soared by 405.42% to $403.3 million in 2019, then slipped by 23.79% to $307.3 million in 2020, then slumped by 57.46% to $130.7 million in 2021, then sank by 76.21% to $31.1 million in 2022.
• The last three Cost of Revenue figures came in at $31.1 million (Q4 2022), $130.7 million (Q4 2021), and $25.2 million (Q3 2021), per Business Quant data.