17 Education & Technology (YQ) Operating Expenses (2019 - 2025)
17 Education & Technology (YQ) recorded quarterly Operating Expenses of -$10.4 million in Q4 2025, down 29.74% quarter-over-quarter from -$8.0 million in Q3 2025, and up 6.97% on a YoY basis from -$9.7 million in Q4 2024.
17 Education & Technology (YQ) Operating Expenses (2019 - 2025) Analysis & Trends
17 Education & Technology's Operating Expenses history runs 7 years deep, the most recent figure standing at -$10.4 million for Q4 2025.
- In Q4 2025, Operating Expenses rose 6.97% year-over-year to -$10.4 million; the TTM figure through Dec 2025 stood at -$30.1 million (up 23.25% YoY), while the FY2025 annual figure was $30.6 million, down 21.01% from the prior year.
- Operating Expenses was -$10.4 million for Q4 2025 at 17 Education & Technology, down from -$8.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of -$5.7 million in Q1 2025 to a low of -$145.5 million in Q1 2021.
- Historically, Operating Expenses has averaged -$31.9 million across 5 years, with a median of -$14.8 million in 2023.
- The sharpest annual moves came in 2021 and 2022: Operating Expenses slumped 171.02% in 2021, then surged 85.76% in 2022.
- A 5-year view of Operating Expenses shows it stood at -$59.7 million in 2021, then jumped by 65.75% to -$20.4 million in 2022, then increased by 15.34% to -$17.3 million in 2023, then surged by 35.58% to -$11.1 million in 2024, then gained by 6.97% to -$10.4 million in 2025.
- The last three Operating Expenses figures came in at -$10.4 million (Q4 2025), -$8.0 million (Q3 2025), and -$6.0 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 7.64 Bn | 7.60 Bn | 22.18 Mn | -27.37 Mn |
| 2 | Graham Holdings | 4.92 Bn | 3.91 Bn | 841.00 Mn | 1.18 Bn |
| 3 | Laureate Education | 4.86 Bn | 4.70 Bn | -16.39 Mn | 11.13 Mn |
| 4 | Covista | 4.36 Bn | 4.35 Bn | 276.31 Mn | 395.69 Mn |
| 5 | Stride | 4.16 Bn | 3.36 Bn | 231.57 Mn | 102.49 Mn |
| 6 | Grand Canyon Education | 3.97 Bn | 3.72 Bn | 244.77 Mn | 213.30 Mn |
| 7 | Universal Technical Institute | 2.35 Bn | 2.19 Bn | 103.97 Mn | 221.06 Mn |
| 8 | Perdoceo Education | 2.13 Bn | 1.45 Bn | 174.68 Mn | 158.62 Mn |
| 9 | Strategic Education | 1.76 Bn | 1.60 Bn | - | 154.77 Mn |
| 10 | 17 Education & Technology | 169.55 Mn | 112.18 Mn | 2.57 Mn | -10.37 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | -145.48 Mn |