NaaS Technology (NAAS) Operating Expenses (2016 - 2024)

NaaS Technology (NAAS) has reported Operating Expenses for 9 consecutive years, with -$70.6 million the latest figure, recorded in Q4 2024.

• Quarterly Operating Expenses fell 20.57% year-over-year to -$70.6 million in Q4 2024, while the trailing twelve-month figure through Dec 2025 was -$82.4 million (up 17.17% YoY) and the FY2025 annual result came in at -$54.3 million, down 143.26% from the prior year.
• Operating Expenses retreated to -$70.6 million in Q4 2024 per NAAS's latest filing, from -$11.9 million in the prior quarter.
• Over the last five years, Operating Expenses for NAAS reached as high as $24.7 million in Q4 2020 and fell as low as -$324.2 million in Q2 2022.
• A 5-year average of -$32.2 million and a median of -$17.1 million in 2024 frame the typical range for Operating Expenses.
• Annual changes were most pronounced in 2022 — Operating Expenses slumped 2339.54% — and 2023, when it jumped 83.47%.
• Year by year, Operating Expenses stood at $24.7 million in 2020, then tumbled by 145.28% to -$11.2 million in 2021, then tumbled by 95.88% to -$21.9 million in 2022, then slumped by 167.18% to -$58.5 million in 2023, then fell by 20.57% to -$70.6 million in 2024.
• According to Business Quant data, Operating Expenses over the past three periods registered -$70.6 million, -$11.9 million, and -$17.1 million for Q4 2024, Q3 2024, and Q2 2024 respectively.