Yuanbao (YB) Operating Expenses (2024 - 2026)
Yuanbao (YB) posted Operating Expenses of $127.4 million for Q1 2026, up 14.14% on a QoQ basis from $111.6 million in Q4 2025, and up 35.8% year-over-year from $93.8 million in Q1 2025.
Yuanbao (YB) Operating Expenses (2024 - 2026) Analysis & Trends
Yuanbao's Operating Expenses history runs 3 years deep, the most recent figure standing at $127.4 million for Q1 2026.
- Quarterly Operating Expenses rose 35.8% year-over-year to $127.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $459.6 million (up 375.17% YoY) and the FY2025 annual result came in at $434.2 million, up 28.61% from the prior year.
- Operating Expenses was $127.4 million for Q1 2026 at Yuanbao, up from $111.6 million in the prior quarter.
- Across five years, Operating Expenses topped out at $127.4 million in Q1 2026 and bottomed at -$91.9 million in Q2 2024.
- A 3-year average of $24.0 million and a median of $93.8 million in 2025 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2025 — Operating Expenses soared 233.7% — and 2026, when it surged 35.8%.
- Yuanbao's Operating Expenses stood at -$83.5 million in 2024, then surged by 233.7% to $111.6 million in 2025, then increased by 14.14% to $127.4 million in 2026.
- Business Quant data shows YB's Operating Expenses at $127.4 million in Q1 2026, $111.6 million in Q4 2025, and $112.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -269.42 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 1.16 Bn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 11.28 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 6.22 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 2.66 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 4.23 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 1.25 Bn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 1.04 Bn |
| 10 | Yuanbao | 3.63 Bn | 3.45 Bn | - | 127.38 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |