BingEx (FLX) Operating Expenses (2023 - 2026)
BingEx (FLX) posted quarterly Operating Expenses of -$13.7 million for Q1 2026, up 14.51% year-over-year from -$12.0 million in Q1 2025, and up 8.45% quarter-over-quarter from -$15.0 million in Q4 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 for Q1 2026 stood at -$13.7 million, up from -$15.0 million in the prior quarter.
- The five-year high for Operating Expenses was -$11.7 million in Q2 2024, with the low at -$35.0 million in Q4 2024.
- The 4-year median for Operating Expenses is -$13.7 million (2025), against an average of -$15.4 million.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses tumbled 175.7% in 2024, then surged 57.12% in 2025.
- BingEx's Operating Expenses stood at -$12.7 million in 2023, then plunged by 175.7% to -$35.0 million in 2024, then soared by 57.12% to -$15.0 million in 2025, then increased by 8.45% to -$13.7 million in 2026.
- Business Quant data shows FLX's Operating Expenses at -$13.7 million in Q1 2026, -$15.0 million in Q4 2025, and -$13.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | United Parcel Service | 87.51 Bn | 82.86 Bn | 19.65 Bn | 21.90 Bn |
| 2 | Fedex | 77.69 Bn | 64.38 Bn | 18.84 Bn | 23.46 Bn |
| 3 | Hunt J B Transport Services | 25.95 Bn | 25.95 Bn | - | 3.24 Bn |
| 4 | Expeditors International Of Washington | 24.68 Bn | 23.65 Bn | 1.09 Bn | 3.15 Bn |
| 5 | ZTO Express (Cayman) | 17.15 Bn | 12.75 Bn | 469.01 Mn | -100.02 Mn |
| 6 | C. H. Robinson Worldwide | 17.02 Bn | 16.87 Bn | 1.11 Bn | 4.68 Bn |
| 7 | Landstar System | 6.25 Bn | 5.90 Bn | 308.86 Mn | 1.37 Bn |
| 8 | GXO Logistics | 5.23 Bn | 4.46 Bn | 508.00 Mn | 389.00 Mn |
| 9 | Pitney Bowes | 2.19 Bn | 1.91 Bn | 296.14 Mn | 386.01 Mn |
| 10 | BingEx | 133.83 Mn | -123.86 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 |