Fangdd Network (DUO) Payables (2018 - 2025)

Fangdd Network (DUO) has reported Payables for 8 consecutive years, with $10.3 million the latest figure, recorded in Q4 2025.

• Quarterly Payables fell 59.22% year-over-year to $10.3 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $10.3 million (down 59.22% YoY) and the FY2025 annual result came in at $10.1 million, down 59.1% from the prior year.
• Payables declined to $10.3 million in Q4 2025 per DUO's latest filing, from $26.3 million in the prior quarter.
• Over the last five years, Payables for DUO reached as high as $301.8 million in Q1 2021 and fell as low as $10.3 million in Q4 2025.
• A 5-year average of $128.4 million and a median of $103.7 million in 2022 frame the typical range for Payables.
• Annual changes were most pronounced in 2021 — Payables retreated 10.13% — and 2024, when it slumped 61.96%.
• Year by year, Payables stood at $205.0 million in 2021, then tumbled by 49.82% to $102.9 million in 2022, then plunged by 53.86% to $47.5 million in 2023, then slumped by 46.99% to $25.2 million in 2024, then sank by 59.22% to $10.3 million in 2025.
• According to Business Quant data, Payables over the past three periods registered $10.3 million, $26.3 million, and $25.2 million for Q4 2025, Q2 2025, and Q4 2024 respectively.