BingEx (FLX) Operating Expenses (2023 - 2026)
BingEx (FLX) recorded quarterly Operating Expenses of -$13.7 million in Q1 2026, up 8.45% quarter-over-quarter from -$15.0 million in Q4 2025, and up 14.51% on a YoY basis from -$12.0 million in Q1 2025.
BingEx (FLX) Operating Expenses (2023 - 2026) Analysis & Trends
BingEx's Operating Expenses history runs 4 years deep, the most recent figure standing at -$13.7 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 14.51% year-over-year to -$13.7 million; the TTM figure through Mar 2026 stood at -$56.9 million (up 23.89% YoY), while the FY2025 annual figure was $60.5 million, down 14.53% from the prior year.
- Operating Expenses was -$13.7 million for Q1 2026 at BingEx, up from -$15.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of -$11.7 million in Q2 2024 to a low of -$35.0 million in Q4 2024.
- Historically, Operating Expenses has averaged -$15.4 million across 4 years, with a median of -$13.7 million in 2025.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses plunged 175.7% in 2024, then soared 57.12% in 2025.
- A 4-year view of Operating Expenses shows it stood at -$12.7 million in 2023, then sank by 175.7% to -$35.0 million in 2024, then jumped by 57.12% to -$15.0 million in 2025, then rose by 8.45% to -$13.7 million in 2026.
- The last three Operating Expenses figures came in at -$13.7 million (Q1 2026), -$15.0 million (Q4 2025), and -$13.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | United Parcel Service | 92.26 Bn | 86.49 Bn | 18.44 Bn | 19.94 Bn |
| 2 | Fedex | 78.12 Bn | 66.43 Bn | 20.49 Bn | 22.65 Bn |
| 3 | Hunt J B Transport Services | 26.94 Bn | 26.93 Bn | 2.88 Bn | 2.85 Bn |
| 4 | C. H. Robinson Worldwide | 22.05 Bn | 21.89 Bn | 1.50 Bn | 3.84 Bn |
| 5 | Expeditors International Of Washington | 21.79 Bn | 20.48 Bn | 2.84 Bn | 2.61 Bn |
| 6 | Landstar System | 7.42 Bn | 7.01 Bn | 1.16 Bn | 1.12 Bn |
| 7 | GXO Logistics | 5.58 Bn | 4.83 Bn | 490.00 Mn | 385.00 Mn |
| 8 | ZTO Express (Cayman) | 2.73 Bn | -774.03 Mn | 469.01 Mn | -100.02 Mn |
| 9 | Pitney Bowes | 2.47 Bn | 2.16 Bn | 375.39 Mn | 396.94 Mn |
| 10 | BingEx | 461.15 Mn | -123.53 Bn | 15.34 Mn | -13.75 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -13.75 Mn |
| Dec 31, 2025 | -15.02 Mn |
| Sep 30, 2025 | -13.72 Mn |
| Jun 30, 2025 | -14.43 Mn |
| Mar 31, 2025 | -16.08 Mn |
| Dec 31, 2024 | -35.02 Mn |
| Sep 30, 2024 | -11.99 Mn |
| Jun 30, 2024 | -11.69 Mn |
| Mar 31, 2024 | -12.85 Mn |
| Dec 31, 2023 | -12.70 Mn |
| Sep 30, 2023 | -12.61 Mn |