NaaS Technology (NAAS) Operating Expenses (2016 - 2024)
NaaS Technology (NAAS) posted quarterly 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 reported Operating Expenses for 9 consecutive years, with -$70.6 million the latest figure, recorded in Q4 2024.
- In Q4 2024, Operating Expenses fell 20.57% year-over-year to -$70.6 million; the TTM figure through Dec 2025 stood at -$82.4 million (up 17.17% YoY), while the FY2025 annual figure was -$54.3 million, down 143.26% from the prior year.
- Operating Expenses eased to -$70.6 million in Q4 2024 per NAAS's latest filing, from -$11.9 million in the prior quarter.
- Across five years, Operating Expenses topped out at $24.7 million in Q4 2020 and bottomed at -$324.2 million in Q2 2022.
- Historically, Operating Expenses has averaged -$32.2 million across 5 years, with a median of -$17.1 million in 2024.
- Annual changes were most pronounced in 2022 — Operating Expenses slumped 2339.54% — and 2023, when it surged 83.47%.
- NaaS Technology's Operating Expenses stood at $24.7 million in 2020, then slumped by 145.28% to -$11.2 million in 2021, then slumped by 95.88% to -$21.9 million in 2022, then sank by 167.18% to -$58.5 million in 2023, then slipped 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 30.70 Bn | 30.18 Bn | 1.08 Bn | 730.02 Mn |
| 2 | Williams Sonoma | 28.62 Bn | 27.60 Bn | 1.10 Bn | 627.08 Mn |
| 3 | Ulta Beauty | 22.58 Bn | 22.36 Bn | 1.27 Bn | 819.36 Mn |
| 4 | Tractor Supply | 18.35 Bn | 18.12 Bn | 1.68 Bn | 1.02 Bn |
| 5 | Best Buy | 18.03 Bn | 16.28 Bn | 2.10 Bn | 1.73 Bn |
| 6 | Dick'S Sporting Goods | 15.93 Bn | 14.93 Bn | 1.68 Bn | 1.22 Bn |
| 7 | Five Below | 13.08 Bn | 11.97 Bn | 478.64 Mn | 273.28 Mn |
| 8 | Murphy USA | 10.51 Bn | 10.33 Bn | 746.50 Mn | 6.50 Bn |
| 9 | Bath & Body Works | 4.08 Bn | 3.13 Bn | 1.24 Bn | 645.00 Mn |
| 10 | NaaS Technology | 9.92 Mn | -1.43 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |