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

NaaS Technology (NAAS) reported Operating Expenses of -$70.6 million for Q4 2024, down 20.57% year-over-year from -$88.8 million in Q1 2024, and down 494.49% quarter-over-quarter from -$11.9 million in Q3 2024.

NaaS Technology (NAAS) Operating Expenses (2016 - 2024) Analysis & Trends

NaaS Technology (NAAS) has 9 years of Operating Expenses data on file, last reported at -$70.6 million in Q4 2024.

  • Operating Expenses for Q4 2024 came in at -$70.6 million, down 20.57% year-over-year; the trailing twelve-month figure through Dec 2025 was -$82.4 million (up 17.17% YoY), and the FY2025 annual result was -$54.3 million, down 143.26% from the prior year.
  • Operating Expenses fell to -$70.6 million in Q4 2024 per NAAS's latest filing, from -$11.9 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $24.7 million in Q4 2020 and troughed at -$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.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses slumped 2339.54% in 2022, then surged 83.47% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $24.7 million in 2020, then sank by 145.28% to -$11.2 million in 2021, then sank by 95.88% to -$21.9 million in 2022, then plunged by 167.18% to -$58.5 million in 2023, then decreased by 20.57% to -$70.6 million in 2024.
  • Business Quant data shows NAAS's Operating Expenses at -$70.6 million in Q4 2024, -$11.9 million in Q3 2024, and -$17.1 million in Q2 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Caseys General Stores 27.84 Bn 27.38 Bn 1.01 Bn 697.64 Mn
2 Williams Sonoma 24.59 Bn 23.57 Bn 1.10 Bn 627.08 Mn
3 Ulta Beauty 20.75 Bn 20.25 Bn 1.48 Bn 1.01 Bn
4 Dick'S Sporting Goods 17.81 Bn 16.45 Bn 1.77 Bn 1.57 Bn
5 Tractor Supply 15.90 Bn 15.67 Bn 1.30 Bn 941.15 Mn
6 Best Buy 15.61 Bn 13.87 Bn 2.10 Bn 1.73 Bn
7 NaaS Technology 14.72 Bn 14.70 Bn - -
8 Five Below 10.27 Bn 9.34 Bn 696.98 Mn 337.11 Mn
9 Murphy USA 10.20 Bn 10.08 Bn 3.98 Bn 279.80 Mn
10 GameStop 9.92 Bn 905.02 Mn 386.80 Mn 241.90 Mn

Historic Data

Download Data
DateValue
Dec 31, 2024 -70.56 Mn
Sep 30, 2024 -11.87 Mn
Jun 30, 2024 -17.08 Mn
Mar 31, 2024 -29.88 Mn
Dec 31, 2023 -58.52 Mn
Sep 30, 2023 -39.10 Mn
Jun 30, 2023 -53.59 Mn
Mar 31, 2023 -21.81 Mn
Dec 31, 2022 -21.90 Mn
Sep 30, 2022 -15.13 Mn
Jun 30, 2022 -324.20 Mn
Mar 31, 2022 -17.23 Mn
Dec 31, 2021 -11.18 Mn
Jun 30, 2021 -13.29 Mn
Mar 31, 2021 20.47 Mn
Dec 31, 2020 24.69 Mn
Sep 30, 2020 20.28 Mn
Jun 30, 2020 13.77 Mn
Mar 31, 2020 13.82 Mn
Dec 31, 2019 24.70 Mn