Yuanbao (YB) Operating Expenses (2024 - 2026)

Yuanbao's (YB) quarterly Operating Expenses came in at $127.4 million in Q1 2026, up 35.8% YoY from $93.8 million in Q1 2025, and up 14.14% on a QoQ basis from $111.6 million in Q4 2025.

Yuanbao (YB) Operating Expenses (2024 - 2026) Analysis & Trends

Yuanbao (YB) has 3 years of Operating Expenses data on file, last reported at $127.4 million in 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 28.57% from the prior year.
  • Operating Expenses improved to $127.4 million in Q1 2026, from $111.6 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $127.4 million in Q1 2026 to a low of -$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%.
  • Tracing YB's Operating Expenses over 3 years: stood at -$83.5 million in 2024, then soared by 233.7% to $111.6 million in 2025, then climbed by 14.14% to $127.4 million in 2026.
  • The last three Operating Expenses figures came in at $127.4 million (Q1 2026), $111.6 million (Q4 2025), and $112.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Sap Se 255.48 Bn 234.41 Bn 16.51 Bn -16.33 Bn
2 Shopify 198.95 Bn 194.00 Bn 1.71 Bn 1.22 Bn
3 Salesforce 160.70 Bn 148.86 Bn 8.56 Bn 6.22 Bn
4 Uber Technologies 154.94 Bn 149.73 Bn 6.38 Bn 12.30 Bn
5 ServiceNow 128.25 Bn 123.58 Bn 2.82 Bn 2.66 Bn
6 Snowflake 114.00 Bn 111.05 Bn 926.45 Mn 1.25 Bn
7 Automatic Data Processing 108.58 Bn 104.35 Bn 2.51 Bn 4.34 Bn
8 Adobe 105.34 Bn 99.72 Bn 5.90 Bn 3.67 Bn
9 Intuit 94.55 Bn 87.77 Bn 7.24 Bn 4.54 Bn
10 Yuanbao 607.34 Mn -38.80 Mn - 127.38 Mn

Historic Data

Download Data
DateValue
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