Yuanbao (YB) Operating Expenses (2024 - 2025)
Yuanbao (YB) reported Operating Expenses of $111.6 million for Q4 2025, up 233.7% on a YoY basis from $33.4 million in Q4 2024, and down 1.11% quarter-over-quarter from $112.8 million in Q3 2025.
Yuanbao (YB) Operating Expenses (2024 - 2025) Analysis & Trends
Yuanbao has reported Operating Expenses for 2 years, with the latest figure at $111.6 million in Q4 2025.
- For the quarter ending Q4 2025, Operating Expenses rose 233.7% year-over-year to $111.6 million; the trailing twelve-month figure through Dec 2025 stood at $426.0 million (up 226.21% YoY), and the FY2025 full-year result was $434.2 million, up 28.57% from the prior year.
- Operating Expenses for Q4 2025 stood at $111.6 million, down from $112.8 million in the prior quarter.
- The five-year high for Operating Expenses was $112.8 million in Q3 2025, with the low at -$91.9 million in Q2 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | -269.42 Mn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 11.28 Bn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 1.16 Bn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 6.22 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 1.04 Bn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 2.33 Bn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 4.23 Bn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 3.67 Bn |
| 10 | Yuanbao | 478.99 Mn | 354.36 Mn | 89.08 Mn | 111.59 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 111.59 Mn |
| Sep 30, 2025 | 112.85 Mn |
| Jun 30, 2025 | 107.79 Mn |
| Mar 31, 2025 | 93.80 Mn |
| Dec 31, 2024 | -83.47 Mn |
| Sep 30, 2024 | -85.42 Mn |
| Jun 30, 2024 | -91.94 Mn |
| Mar 31, 2024 | -76.72 Mn |