Fangdd Network (DUO) Receivables (2018 - 2025)
Fangdd Network (DUO) posted quarterly Receivables of $121.8 million for Q4 2025, down 10.22% year-over-year from $135.6 million in Q4 2024, and down 20.97% quarter-over-quarter from $154.1 million in Q2 2025.
Fangdd Network (DUO) Receivables (2018 - 2025) Analysis & Trends
Fangdd Network (DUO) has reported Receivables for 8 consecutive years, with $121.8 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Receivables fell 10.22% year-over-year to $121.8 million; the TTM figure through Dec 2025 stood at $121.8 million (down 10.22% YoY), while the FY2025 annual figure was $31.3 million, down 32.0% from the prior year.
- Receivables eased to $121.8 million in Q4 2025 per DUO's latest filing, from $154.1 million in the prior quarter.
- Across five years, Receivables topped out at $307.4 million in Q1 2021 and bottomed at $44.7 million in Q2 2024.
- Historically, Receivables has averaged $180.7 million across 5 years, with a median of $180.5 million in 2022.
- Annual changes were most pronounced in 2024 — Receivables sank 79.67% — and 2025, when it surged 244.8%.
- Fangdd Network's Receivables stood at $249.6 million in 2021, then tumbled by 36.83% to $157.7 million in 2022, then tumbled by 46.57% to $84.3 million in 2023, then jumped by 60.98% to $135.6 million in 2024, then declined by 10.22% to $121.8 million in 2025.
- Business Quant data shows DUO's Receivables at $121.8 million in Q4 2025, $154.1 million in Q2 2025, and $135.6 million in Q4 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Cbre | 44.05 Bn | 42.56 Bn | 2.09 Bn | 9.51 Bn |
| 2 | KE Holdings | 19.33 Bn | 16.45 Bn | 661.06 Mn | - |
| 3 | Jones Lang Lasalle | 17.80 Bn | 17.34 Bn | - | 2.58 Bn |
| 4 | Costar | 13.24 Bn | 11.97 Bn | 728.00 Mn | 289.00 Mn |
| 5 | Compass | 8.89 Bn | 8.20 Bn | 3.88 Bn | 239.00 Mn |
| 6 | FirstService | 6.54 Bn | 6.31 Bn | 480.66 Mn | 903.30 Mn |
| 7 | Colliers International | 5.46 Bn | 5.41 Bn | 635,105.00 Bn | 206.81 Mn |
| 8 | Cushman & Wakefield | 3.44 Bn | 2.94 Bn | 512.00 Mn | 1.81 Bn |
| 9 | Opendoor Technologies | 3.40 Bn | 2.51 Bn | 86.00 Mn | - |
| 10 | Fangdd Network | 4.51 Mn | -15.82 Mn | - | 121.77 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 121.77 Mn |
| Jun 30, 2025 | 154.08 Mn |
| Dec 31, 2024 | 135.63 Mn |
| Jun 30, 2024 | 44.69 Mn |
| Dec 31, 2023 | 84.25 Mn |
| Jun 30, 2023 | 219.81 Mn |
| Dec 31, 2022 | 157.68 Mn |
| Jun 30, 2022 | 214.33 Mn |
| Dec 31, 2021 | 249.61 Mn |
| Sep 30, 2021 | 203.26 Mn |
| Jun 30, 2021 | 276.02 Mn |
| Mar 31, 2021 | 307.44 Mn |
| Dec 31, 2020 | 371.54 Mn |
| Sep 30, 2020 | 318.45 Mn |
| Jun 30, 2020 | 293.97 Mn |
| Dec 31, 2019 | 331.34 Mn |
| Sep 30, 2019 | 283.71 Mn |
| Dec 31, 2018 | 208.38 Mn |