Quhuo (QHUOY) Operating Expenses (2019 - 2025)
Quhuo (QHUOY) reported Operating Expenses of -$16.2 million for Q4 2025, down 241.69% year-over-year from $11.4 million in Q4 2024, and down 241.69% quarter-over-quarter from $11.4 million in Q4 2024.
Quhuo (QHUOY) Operating Expenses (2019 - 2025) Analysis & Trends
Quhuo (QHUOY) has 7 years of Operating Expenses data on file, last reported at -$16.2 million in Q4 2025.
- Operating Expenses for Q4 2025 came in at -$16.2 million, down 241.69% year-over-year; the trailing twelve-month figure through Dec 2025 was -$4.8 million (down 24.37% YoY), and the FY2025 annual result was $27.2 million, up 136.36% from the prior year.
- Operating Expenses fell to -$16.2 million in Q4 2025 per QHUOY's latest filing, from $11.4 million in the prior quarter.
- Over five years, Operating Expenses peaked at $11.4 million in Q4 2024 and troughed at -$19.2 million in Q4 2021.
- A 5-year average of -$10.9 million and a median of -$14.5 million in 2021 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses jumped 174.9% in 2024, then sank 241.69% in 2025.
- A 5-year view of Operating Expenses shows it stood at -$19.2 million in 2021, then gained by 9.83% to -$17.3 million in 2022, then climbed by 11.79% to -$15.3 million in 2023, then jumped by 174.9% to $11.4 million in 2024, then slumped by 241.69% to -$16.2 million in 2025.
- Business Quant data shows QHUOY's Operating Expenses at -$16.2 million in Q4 2025, $11.4 million in Q4 2024, and -$15.3 million in Q4 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 257.53 Bn | 239.56 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Full Truck Alliance | 171.61 Bn | 169.06 Bn | - | -269.42 Mn |
| 3 | Salesforce | 152.15 Bn | 140.31 Bn | 8.56 Bn | 6.22 Bn |
| 4 | Uber Technologies | 144.45 Bn | 143.41 Bn | 11.88 Bn | 11.28 Bn |
| 5 | Shopify | 144.09 Bn | 138.34 Bn | 1.55 Bn | 1.16 Bn |
| 6 | ServiceNow | 110.55 Bn | 105.37 Bn | 2.83 Bn | 2.33 Bn |
| 7 | Cadence Design Systems | 106.32 Bn | 104.91 Bn | 1.26 Bn | 1.04 Bn |
| 8 | Adobe | 97.77 Bn | 90.88 Bn | 5.73 Bn | 3.32 Bn |
| 9 | Automatic Data Processing | 93.39 Bn | 90.16 Bn | 2.87 Bn | 4.23 Bn |
| 10 | Quhuo | - | - | 1.17 Mn | -16.21 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -16.21 Mn |
| Dec 31, 2024 | 11.44 Mn |
| Dec 31, 2023 | -15.28 Mn |
| Dec 31, 2022 | -17.32 Mn |
| Dec 31, 2021 | -19.21 Mn |
| Sep 30, 2021 | -9.66 Mn |
| Jun 30, 2021 | -13.81 Mn |
| Mar 31, 2021 | -7.55 Mn |
| Dec 31, 2020 | -7.23 Mn |
| Sep 30, 2020 | -15.45 Mn |
| Jun 30, 2020 | -4.36 Mn |
| Mar 31, 2020 | -4.31 Mn |
| Dec 31, 2019 | -6.44 Mn |
| Sep 30, 2019 | -4.95 Mn |
| Jun 30, 2019 | -3.27 Mn |