Fangdd Network DUO
NASDAQ DUO
$0.68 -0.01 (-1.07%)
At close: Aug 20, 2026 · 4:00 PM EDT

Fangdd Network (DUO) Operating Expenses (2018 - 2022)

Fangdd Network (DUO) posted quarterly Operating Expenses of -$9.4 million for Q4 2022, up 85.09% year-over-year from -$5.1 million in Q4 2021, and up 85.09% quarter-over-quarter from -$62.9 million in Q4 2021.

Fangdd Network (DUO) Operating Expenses (2018 - 2022) Analysis & Trends

Fangdd Network (DUO) has reported Operating Expenses for 5 consecutive years, with -$9.4 million the latest figure, recorded in Q4 2022.

  • In Q4 2022, Operating Expenses rose 85.09% year-over-year to -$9.4 million; the TTM figure through Jun 2024 stood at -$9.4 million (up 87.02% YoY), while the FY2025 annual figure was $28.2 million, up 9.66% from the prior year.
  • Operating Expenses improved to -$9.4 million in Q4 2022 per DUO's latest filing, from -$62.9 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $62.8 million in Q2 2019 and bottomed at -$127.7 million in Q4 2019.
  • Historically, Operating Expenses has averaged -$18.7 million across 5 years, with a median of -$17.4 million in 2019.
  • Annual changes were most pronounced in 2019 — Operating Expenses tumbled 657.47% — and 2020, when it jumped 240.13%.
  • Fangdd Network's Operating Expenses stood at -$16.9 million in 2018, then sank by 657.47% to -$127.7 million in 2019, then soared by 115.17% to $19.4 million in 2020, then plunged by 424.7% to -$62.9 million in 2021, then jumped by 85.09% to -$9.4 million in 2022.
  • Business Quant data shows DUO's Operating Expenses at -$9.4 million in Q4 2022, -$62.9 million in Q4 2021, and -$31.7 million in Q2 2021.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Cbre 44.30 Bn 42.81 Bn 2.09 Bn -
2 KE Holdings 18.87 Bn 15.99 Bn 661.06 Mn -476.55 Mn
3 Jones Lang Lasalle 17.79 Bn 17.34 Bn - 6.64 Bn
4 Costar 13.04 Bn 11.78 Bn 728.00 Mn 652.00 Mn
5 Compass 9.00 Bn 8.31 Bn 3.88 Bn 4.18 Bn
6 FirstService 6.55 Bn 6.32 Bn 480.66 Mn 359.42 Mn
7 Colliers International 5.46 Bn 5.40 Bn 635,105.00 Bn 485.10 Mn
8 Cushman & Wakefield 3.45 Bn 2.95 Bn 512.00 Mn 2.63 Bn
9 Opendoor Technologies 3.35 Bn 2.45 Bn 86.00 Mn 230.00 Mn
10 Fangdd Network 4.58 Mn -15.75 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2022 -9.38 Mn
Dec 31, 2021 -62.87 Mn
Jun 30, 2021 -31.74 Mn
Mar 31, 2021 -21.65 Mn
Dec 31, 2020 19.36 Mn
Sep 30, 2020 24.39 Mn
Jun 30, 2020 -21.72 Mn
Mar 31, 2020 -27.14 Mn
Dec 31, 2019 -127.65 Mn
Sep 30, 2019 -17.41 Mn
Jun 30, 2019 62.76 Mn
Dec 31, 2018 -16.85 Mn
Sep 30, 2018 -12.85 Mn