Fangdd Network DUO
NASDAQ DUO
$0.52 -0.01 (-1.39%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

Fangdd Network's (DUO) quarterly Operating Expenses came in at -$38.5 million in Q4 2022, up 76.84% year-over-year from -$21.8 million in Q4 2021, and up 76.84% quarter-over-quarter from -$166.4 million in Q4 2021.

Analysis

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

Fangdd Network (DUO) has reported Operating Expenses for 5 consecutive years, with -$38.5 million the latest figure, recorded in Q4 2022.

  • On a quarterly basis, Operating Expenses rose 76.84% year-over-year to -$38.5 million in Q4 2022; TTM through Dec 2022 was -$285.6 million, a 6.29% decrease from a year earlier, with the FY2025 full-year figure at -$28.2 million, down 9.66% from the prior year.
  • Operating Expenses was -$38.5 million for Q4 2022 at Fangdd Network, up from -$166.4 million in the prior quarter.
  • Over five years, Operating Expenses peaked at -$12.8 million in Q3 2018 and troughed at -$183.6 million in Q4 2019.
  • A 5-year average of -$49.9 million and a median of -$24.4 million in 2020 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses sank 989.23% in 2019 and surged 76.84% in 2022, its largest moves.
  • Over 5 years, Operating Expenses stood at -$16.9 million in 2018, then slumped by 989.23% to -$183.6 million in 2019, then soared by 47.35% to -$96.6 million in 2020, then plunged by 72.16% to -$166.4 million in 2021, then surged by 76.84% to -$38.5 million in 2022.
  • The last three Operating Expenses figures came in at -$38.5 million (Q4 2022), -$166.4 million (Q4 2021), and -$48.9 million (Q3 2021), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Costar 11.90 Bn 10.63 Bn 728.00 Mn 652.00 Mn
2 Appfolio 7.27 Bn 7.05 Bn 178.53 Mn 228.15 Mn
3 Zillow 7.11 Bn 6.43 Bn 562.00 Mn 572.00 Mn
4 SmartRent 222.24 Mn 129.58 Mn 16.22 Mn 22.68 Mn
5 DeFi Development 140.99 Mn 134.71 Mn 3.29 Mn 26.15 Mn
6 Fangdd Network 3.36 Mn -99.98 Mn - -
7 3 E Network Technology 534,284.84 -364,590.16 - -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2022 -38.54 Mn
Dec 31, 2021 -166.39 Mn
Sep 30, 2021 -48.91 Mn
Jun 30, 2021 -31.74 Mn
Mar 31, 2021 -21.65 Mn
Dec 31, 2020 -96.65 Mn
Sep 30, 2020 -24.39 Mn
Jun 30, 2020 -21.72 Mn
Mar 31, 2020 -27.14 Mn
Dec 31, 2019 -183.57 Mn
Sep 30, 2019 -17.41 Mn
Jun 30, 2019 -22.84 Mn
Mar 31, 2019 -17.23 Mn
Dec 31, 2018 -16.85 Mn
Sep 30, 2018 -12.85 Mn