Zoomcar Holdings (ZCAR) Operating Expenses (2022 - 2026)
Zoomcar Holdings (ZCAR) posted Operating Expenses of $3.23 million for fiscal Q1 2027 (quarter ended Jun 30, 2026), down 20.7% from $4.07 million a year earlier and down 13.7% from the prior quarter.
Zoomcar Holdings (ZCAR) Operating Expenses (2022 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Expenses at Zoomcar Holdings was $15.08 million, down 16.1% year-over-year; for FY2026 (ended Mar 31, 2026), it was $15.92 million, down 18.4% from FY2025.
- Annual Operating Expenses has declined for three consecutive fiscal years, though with a five-year compound annual growth rate of 132.7% (FY2021 to FY2026).
- In prior fiscal years, Zoomcar Holdings' Operating Expenses was $19.51 million in FY2025 (-53.1%), $41.57 million in FY2024 (-8.2%), $45.28 million in FY2023 and $37.2 million in FY2022.
- The fiscal Q1 2027 figure stands as the lowest quarterly Operating Expenses since fiscal Q4 2023.
- On a year-over-year basis, Operating Expenses has declined in each of the last three quarters, with an average decline of 30.8% over the last eight quarters.
- The strongest year-over-year quarter for Operating Expenses in the past five years was fiscal Q4 2024, with growth of 831.5%; the weakest was fiscal Q3 2025, with a decline of 59.7%.
- According to Business Quant data, Operating Expenses for the three prior fiscal quarters was $3.74 million (Q4 2026), $3.84 million (Q3 2026) and $4.27 million (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,068.15 Bn | 3,825.68 Bn | 73.85 Bn | 79.03 Bn |
| 2 | Meta Platforms | 1,797.57 Bn | 1,500.09 Bn | 49.47 Bn | 42.03 Bn |
| 3 | Netflix | 274.90 Bn | 235.10 Bn | 6.52 Bn | 1.51 Bn |
| 4 | Alibaba Group Holding | 242.54 Bn | 56.32 Bn | 15.11 Bn | -5.17 Bn |
| 5 | Shopify | 228.49 Bn | 205.67 Bn | 1.71 Bn | 1.22 Bn |
| 6 | Uber Technologies | 138.82 Bn | 110.61 Bn | 6.38 Bn | 12.30 Bn |
| 7 | Booking Holdings | 122.18 Bn | 55.23 Bn | - | 4.85 Bn |
| 8 | PDD Holdings | 110.25 Bn | -133.52 Bn | 9.45 Bn | -5.39 Bn |
| 9 | Spotify Technology | 107.65 Bn | 65.15 Bn | 1.86 Bn | 640.46 Mn |
| 10 | Zoomcar Holdings | 393,339.08 | -718,219.92 | 1.54 Mn | 3.23 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.23 Mn |
| Mar 31, 2026 | 3.74 Mn |
| Dec 31, 2025 | 3.84 Mn |
| Sep 30, 2025 | 4.27 Mn |
| Jun 30, 2025 | 4.07 Mn |
| Mar 31, 2025 | 4.39 Mn |
| Dec 31, 2024 | 5.69 Mn |
| Sep 30, 2024 | 3.82 Mn |
| Jun 30, 2024 | 5.62 Mn |
| Mar 31, 2024 | 10.37 Mn |
| Dec 31, 2023 | 14.10 Mn |
| Sep 30, 2023 | 6.98 Mn |
| Jun 30, 2023 | 10.12 Mn |
| Mar 31, 2023 | 1.11 Mn |
| Dec 31, 2022 | 10.00 Mn |
| Sep 30, 2022 | 2.41 Mn |
| Jun 30, 2022 | 478,919.00 |
| Mar 31, 2022 | 2.79 Mn |
Zoomcar Holdings 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=ZCAR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "ZCAR", "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=ZCAR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();