Treasure Global (TGL) Operating Expenses (2021 - 2026)
Treasure Global's (TGL) quarterly Operating Expenses came in at $4.2 million in Q1 2026, up 691.55% year-over-year from $529692.0 in Q1 2025, and down 45.33% quarter-over-quarter from $7.7 million in Q4 2025.
Analysis
Treasure Global (TGL) Operating Expenses (2021 - 2026) Analysis & Trends
Treasure Global has disclosed Operating Expenses across 6 years of filings, most recently posting $4.2 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 691.55% year-over-year to $4.2 million; the TTM figure through Mar 2026 stood at $34.9 million (up 729.23% YoY), while the FY2025 annual figure was $23.7 million, up 244.55% from the prior year.
- Operating Expenses came in at $4.2 million for Q1 2026 at Treasure Global, down from $7.7 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $21.3 million in Q2 2025 to a low of $529692.0 in Q1 2025.
- Average Operating Expenses over 5 years is $3.5 million, with a median of $2.3 million recorded in 2022.
- The largest YoY upside for Operating Expenses was 1098.23% in 2025 against a maximum downside of 66.63% in 2025.
- Over 5 years, Operating Expenses stood at $2.3 million in 2022, then plunged by 37.33% to $1.4 million in 2023, then plunged by 36.1% to $916957.0 in 2024, then jumped by 736.4% to $7.7 million in 2025, then plunged by 45.33% to $4.2 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $4.2 million in Q1 2026, $7.7 million in Q4 2025, and $1.7 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alibaba Group Holding | 262.96 Bn | 227.70 Bn | 15.11 Bn | -8.86 Bn |
| 2 | Booking Holdings | 145.23 Bn | 128.02 Bn | 4.98 Bn | 4.85 Bn |
| 3 | PDD Holdings | 117.02 Bn | 86.74 Bn | 9.45 Bn | -5.39 Bn |
| 4 | Airbnb | 107.34 Bn | 95.28 Bn | 2.98 Bn | 2.85 Bn |
| 5 | Mercadolibre | 100.30 Bn | 85.10 Bn | 4.16 Bn | 3.48 Bn |
| 6 | Ebay | 46.02 Bn | 42.71 Bn | 2.30 Bn | 1.63 Bn |
| 7 | Expedia | 34.12 Bn | 26.99 Bn | 3.91 Bn | 2.55 Bn |
| 8 | Maplebear | 11.90 Bn | 11.05 Bn | 751.00 Mn | 608.00 Mn |
| 9 | Full Truck Alliance | 8.08 Bn | 7.12 Bn | - | -279.73 Mn |
| 10 | Treasure Global | 4.06 Mn | 1.14 Mn | 6,415.00 | 4.19 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 4.19 Mn |
| Dec 31, 2025 | 7.67 Mn |
| Sep 30, 2025 | 1.74 Mn |
| Jun 30, 2025 | 21.27 Mn |
| Mar 31, 2025 | 529,692.00 |
| Dec 31, 2024 | 916,957.00 |
| Sep 30, 2024 | 983,849.00 |
| Jun 30, 2024 | 1.78 Mn |
| Mar 31, 2024 | 1.59 Mn |
| Dec 31, 2023 | 1.43 Mn |
| Sep 30, 2023 | 2.08 Mn |
| Jun 30, 2023 | 2.77 Mn |
| Mar 31, 2023 | 3.03 Mn |
| Dec 31, 2022 | 2.29 Mn |
| Sep 30, 2022 | 2.67 Mn |
| Jun 30, 2022 | 2.52 Mn |
| Mar 31, 2022 | 2.62 Mn |
| Dec 31, 2021 | 2.87 Mn |
| Sep 30, 2021 | 2.65 Mn |