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

Lufax Holding (LU) reported 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 6 years of Operating Expenses data on file, last reported at $4.6 billion in Q4 2024.

  • Operating Expenses for Q4 2024 came in at $4.6 billion, up 507.67% year-over-year; the trailing twelve-month figure through Dec 2025 was $3.7 billion (up 93.74% YoY), and the FY2025 annual result was $1.5 billion, down 19.92% from the prior year.
  • Operating Expenses climbed to $4.6 billion in Q4 2024 per LU's latest filing, from -$892.3 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $4.6 billion in Q4 2024 and troughed at -$1.9 billion in Q4 2022.
  • A 5-year average of -$1.0 billion and a median of -$1.3 billion in 2021 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2020 and 2024: Operating Expenses tumbled 36.57% in 2020, then jumped 507.67% in 2024.
  • A 5-year view of Operating Expenses shows it stood at -$1.4 billion in 2020, then declined by 29.22% to -$1.8 billion in 2021, then declined by 3.89% to -$1.9 billion in 2022, then soared by 40.28% to -$1.1 billion in 2023, then jumped 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 541.66 Bn 529.25 Bn - 4.00 Bn
2 Mastercard 437.55 Bn 427.34 Bn - 3.49 Bn
3 American Express 212.80 Bn 158.76 Bn 17.43 Bn 13.88 Bn
4 Capital One Financial 112.47 Bn 35.97 Bn - 8.46 Bn
5 PayPal Holdings 37.70 Bn 28.36 Bn 7.84 Bn 6.87 Bn
6 Synchrony Financial 24.26 Bn 3.70 Bn - 1.32 Bn
7 Affirm Holdings 21.24 Bn 19.51 Bn 261.64 Mn 950.34 Mn
8 SoFi Technologies 20.46 Bn 17.06 Bn 929.25 Mn 891.92 Mn
9 Ally Financial 13.30 Bn 12.86 Bn 1.98 Bn 1.24 Bn
10 Lufax Holding 354.37 Mn -1.21 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