17 Education & Technology (YQ) Operating Expenses (2019 - 2026)
17 Education & Technology (YQ) posted quarterly Operating Expenses of -$12.0 million for Q1 2026, down 109.07% year-over-year from $132.5 million in Q1 2025, and down 15.87% quarter-over-quarter from -$10.4 million in Q4 2025.
17 Education & Technology (YQ) Operating Expenses (2019 - 2026) Analysis & Trends
17 Education & Technology's Operating Expenses history runs 8 years deep, the most recent figure standing at -$12.0 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 109.07% year-over-year to -$12.0 million; the TTM figure through Mar 2026 stood at -$36.4 million (down 4.2% YoY), while the FY2025 annual figure was $30.6 million, down 21.01% from the prior year.
- Operating Expenses for Q1 2026 stood at -$12.0 million, down from -$10.4 million in the prior quarter.
- The five-year high for Operating Expenses was -$5.7 million in Q1 2025, with the low at -$26.9 million in Q1 2022.
- The 5-year median for Operating Expenses is -$12.0 million (2026), against an average of -$13.0 million.
- The sharpest annual moves came in 2022 and 2026: Operating Expenses jumped 85.76% in 2022, then sank 109.07% in 2026.
- 17 Education & Technology's Operating Expenses stood at -$20.4 million in 2022, then grew by 15.34% to -$17.3 million in 2023, then jumped by 35.58% to -$11.1 million in 2024, then rose by 6.97% to -$10.4 million in 2025, then dropped by 15.87% to -$12.0 million in 2026.
- Business Quant data shows YQ's Operating Expenses at -$12.0 million in Q1 2026, -$10.4 million in Q4 2025, and -$8.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 84.71 Bn | 82.71 Bn | 812.22 Mn | 1.44 Bn |
| 2 | 51Talk Online Education | 7.32 Bn | 7.28 Bn | 22.97 Mn | -24.40 Mn |
| 3 | Laureate Education | 5.21 Bn | 5.05 Bn | 237.67 Mn | 14.24 Mn |
| 4 | Graham Holdings | 4.98 Bn | 3.74 Bn | 777.03 Mn | 1.22 Bn |
| 5 | Covista | 4.66 Bn | 4.66 Bn | 284.63 Mn | 405.94 Mn |
| 6 | Grand Canyon Education | 3.78 Bn | 3.50 Bn | 204.08 Mn | 205.89 Mn |
| 7 | Stride | 3.50 Bn | 2.55 Bn | 217.28 Mn | 111.43 Mn |
| 8 | McGraw Hill | 2.38 Bn | 2.13 Bn | 388.89 Mn | 395.25 Mn |
| 9 | TAL Education | 2.28 Bn | -401.26 Mn | 227.32 Mn | 243.19 Mn |
| 10 | 17 Education & Technology | 1.22 Bn | 1.19 Bn | 8.93 Mn | -12.02 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -12.02 Mn |
| Dec 31, 2025 | -10.37 Mn |
| Sep 30, 2025 | -7.99 Mn |
| Jun 30, 2025 | -6.01 Mn |
| Mar 31, 2025 | -5.75 Mn |
| Dec 31, 2024 | -11.15 Mn |
| Sep 30, 2024 | -8.26 Mn |
| Jun 30, 2024 | -9.77 Mn |
| Mar 31, 2024 | -10.07 Mn |
| Dec 31, 2023 | -17.30 Mn |
| Sep 30, 2023 | -14.13 Mn |
| Jun 30, 2023 | -12.59 Mn |
| Mar 31, 2023 | -15.48 Mn |
| Dec 31, 2022 | -20.44 Mn |
| Sep 30, 2022 | -16.94 Mn |
| Jun 30, 2022 | -15.50 Mn |
| Mar 31, 2022 | -26.94 Mn |
| Dec 31, 2021 | -59.67 Mn |
| Sep 30, 2021 | -115.42 Mn |
| Jun 30, 2021 | -108.83 Mn |