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| Date | Value |
|---|---|
| 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 |