Swvl Holdings (SWVL) Operating Expenses (2022 - 2025)

Swvl Holdings recorded quarterly Operating Expenses of -$2.9 million in Q2 2025, up 46.84% quarter-over-quarter from -$5.5 million in Q4 2024, and up 45.53% year-over-year from -$2.0 million in Q2 2024.

Swvl Holdings' Operating Expenses history runs 4 years deep, the most recent figure standing at -$2.9 million for Q2 2025.

  • In Q2 2025, Operating Expenses rose 45.53% year-over-year to -$2.9 million; the TTM figure through Dec 2025 stood at -$13.7 million (up 13.65% YoY), while the FY2025 annual figure was $6.9 million, down 38.97% from the prior year.
  • Operating Expenses came in at -$2.9 million for Q2 2025 at Swvl Holdings, up from -$5.5 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of -$2.3 million in Q2 2023 to a low of -$40.2 million in Q4 2022.
  • A 4-year average of -$9.8 million and a median of -$4.1 million in 2024 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses surged 93.06% in 2023 and slumped 134.09% in 2024, its largest moves.
  • Swvl Holdings' Operating Expenses stood at -$40.2 million in 2022, then soared by 93.06% to -$2.8 million in 2023, then sank by 95.64% to -$5.5 million in 2024, then soared by 46.84% to -$2.9 million in 2025.
  • According to Business Quant data, Operating Expenses over the past three periods registered -$2.9 million, -$5.5 million, and -$5.3 million for Q2 2025, Q4 2024, and Q2 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Union Pacific 155.75 Bn 154.71 Bn 5.85 Bn 3.76 Bn
2 Csx 84.18 Bn 83.08 Bn 3.18 Bn 2.23 Bn
3 Norfolk Southern 68.46 Bn 67.12 Bn 2.74 Bn 2.12 Bn
4 Canadian Pacific Kansas City 58.41 Bn 58.81 Bn 2.36 Bn 1.78 Bn
5 Westinghouse Air Brake Technologies 44.40 Bn 43.91 Bn 1.06 Bn 544.00 Mn
6 Trinity Industries 2.59 Bn 2.65 Bn 128.90 Mn 50.70 Mn
7 Greenbrier Companies 1.46 Bn 968.55 Mn 69.50 Mn 57.40 Mn
8 Foster L B 419.50 Mn 416.39 Mn 25.70 Mn 23.03 Mn
9 FreightCar America 145.10 Mn 80.80 Mn - -
10 Swvl Holdings 18.35 Mn 13.93 Mn - -

Historic Data

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DateValue
Jun 30, 2025 -2.90 Mn
Dec 31, 2024 -5.45 Mn
Jun 30, 2024 -5.32 Mn
Dec 31, 2023 -2.79 Mn
Jun 30, 2023 -2.27 Mn
Dec 31, 2022 -40.16 Mn