Lufax Holding (LU) Operating Expenses (2019 - 2024)

Lufax Holding (LU) posted quarterly Operating Expenses of $4.6 billion for Q4 2024, up 507.67% year-over-year from $750.5 million in Q1 2024, and up 611.13% quarter-over-quarter from -$892.3 million in Q3 2024.

Lufax Holding (LU) Operating Expenses (2019 - 2024) Analysis & Trends

Lufax Holding (LU) has reported Operating Expenses for 6 consecutive years, with $4.6 billion the latest figure, recorded in Q4 2024.

  • In Q4 2024, Operating Expenses rose 507.67% year-over-year to $4.6 billion; the TTM figure through Dec 2025 stood at $3.7 billion (up 93.74% YoY), while the FY2025 annual figure was $1.5 billion, down 19.92% from the prior year.
  • Operating Expenses grew to $4.6 billion in Q4 2024 per LU's latest filing, from -$892.3 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $4.6 billion in Q4 2024 and bottomed at -$1.9 billion in Q4 2022.
  • Historically, Operating Expenses has averaged -$1.0 billion across 5 years, with a median of -$1.3 billion in 2021.
  • Annual changes were most pronounced in 2020 — Operating Expenses tumbled 36.57% — and 2024, when it jumped 507.67%.
  • Lufax Holding's Operating Expenses stood at -$1.4 billion in 2020, then fell by 29.22% to -$1.8 billion in 2021, then fell by 3.89% to -$1.9 billion in 2022, then jumped by 40.28% to -$1.1 billion in 2023, then surged by 507.67% to $4.6 billion in 2024.
  • Business Quant data shows LU's Operating Expenses at $4.6 billion in Q4 2024, -$892.3 million in Q3 2024, and -$872.5 million in Q2 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Visa 618.21 Bn 605.85 Bn - 4.76 Bn
2 Mastercard 506.53 Bn 493.04 Bn - 3.69 Bn
3 American Express 232.32 Bn 183.00 Bn 17.99 Bn 14.48 Bn
4 Capital One Financial 136.19 Bn 81.48 Bn - 9.04 Bn
5 PayPal Holdings 52.34 Bn 41.08 Bn - 7.26 Bn
6 Eason Technology 35.89 Bn 35.89 Bn - -
7 Synchrony Financial 26.09 Bn 9.90 Bn - 1.33 Bn
8 Affirm Holdings 25.93 Bn 24.20 Bn - 950.34 Mn
9 SoFi Technologies 23.04 Bn 22.68 Bn -41.62 Mn 891.92 Mn
10 Lufax Holding 2.51 Bn -5.06 Bn - -

Historic Data

Download Data
DateValue
Dec 31, 2024 4.56 Bn
Sep 30, 2024 -892.29 Mn
Jun 30, 2024 -872.51 Mn
Mar 31, 2024 -902.53 Mn
Dec 31, 2023 -1.12 Bn
Sep 30, 2023 -1.06 Bn
Jun 30, 2023 -1.10 Bn
Mar 31, 2023 -1.31 Bn
Dec 31, 2022 -1.87 Bn
Sep 30, 2022 -1.56 Bn
Jun 30, 2022 -1.63 Bn
Mar 31, 2022 -1.60 Bn
Dec 31, 2021 -1.80 Bn
Sep 30, 2021 -1.54 Bn
Jun 30, 2021 -1.31 Bn
Mar 31, 2021 -1.30 Bn
Dec 31, 2020 -1.40 Bn
Sep 30, 2020 -1.39 Bn
Jun 30, 2020 -1.17 Bn
Mar 31, 2020 -1.04 Bn