Yuanbao (YB) Operating Expenses (2024 - 2026)
Yuanbao (YB) posted Operating Expenses of $138.73 million for Q2 2026, up 28.7% from $107.79 million a year earlier and up 8.9% from the prior quarter.
Yuanbao (YB) Operating Expenses (2024 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Expenses at Yuanbao was $490.54 million; for FY2025, it was $434.22 million.
- In prior years, Yuanbao's Operating Expenses was -$337.62 million in FY2024 and -$264.58 million in FY2023.
- The Q2 2026 figure stands as the highest quarterly Operating Expenses in data going back to Q1 2024.
- According to Business Quant data, Operating Expenses for the three prior quarters was $127.38 million (Q1 2026), $111.59 million (Q4 2025) and $112.85 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 49.17 Bn | 5.98 Bn | - | 1.33 Bn |
| 2 | PayPal Holdings | 45.28 Bn | 3.51 Bn | - | 7.26 Bn |
| 3 | Block | 44.18 Bn | 15.44 Bn | 3.17 Bn | 2.72 Bn |
| 4 | Iren | 31.11 Bn | 18.70 Bn | 103.89 Mn | 128.25 Mn |
| 5 | Corpay | 25.52 Bn | 15.72 Bn | - | 260.40 Mn |
| 6 | Fiserv | 24.03 Bn | 20.73 Bn | 2.90 Bn | 4.28 Bn |
| 7 | Global Payments | 21.72 Bn | 155.29 Mn | 2.03 Bn | 2.98 Bn |
| 8 | Bitmine Immersion Technologies | 15.32 Bn | 12.70 Bn | 40.81 Mn | 52.67 Mn |
| 9 | Guidewire Software | 11.69 Bn | 8.26 Bn | 269.68 Mn | 207.36 Mn |
| 10 | Yuanbao | 573.24 Mn | -1.79 Bn | - | 138.73 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 138.73 Mn |
| Mar 31, 2026 | 127.38 Mn |
| 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 |
Yuanbao Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=YB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "YB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=YB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();