Zepp Health (ZEPP) Operating Expenses (2016 - 2025)
Zepp Health (ZEPP) recorded quarterly Operating Expenses of -$38.3 million in Q4 2025, down 28.45% quarter-over-quarter from -$29.8 million in Q3 2025, and down 24.04% on a YoY basis from -$50.4 million in Q4 2024.
Zepp Health (ZEPP) Operating Expenses (2016 - 2025) Analysis & Trends
Zepp Health's Operating Expenses history runs 10 years deep, the most recent figure standing at -$38.3 million for Q4 2025.
- In Q4 2025, Operating Expenses fell 24.04% year-over-year to -$38.3 million; the TTM figure through Dec 2025 stood at -$128.4 million (down 9.31% YoY), while the FY2025 annual figure was $128.4 million, up 9.31% from the prior year.
- Operating Expenses was -$38.3 million for Q4 2025 at Zepp Health, down from -$29.8 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $51.3 million in Q2 2021 to a low of -$46.1 million in Q2 2022.
- Historically, Operating Expenses has averaged -$13.2 million across 5 years, with a median of -$29.8 million in 2024.
- The sharpest annual moves came in 2021 and 2022: Operating Expenses surged 48.76% in 2021, then tumbled 205.38% in 2022.
- A 5-year view of Operating Expenses shows it stood at $48.7 million in 2021, then plunged by 187.1% to -$42.5 million in 2022, then jumped by 33.55% to -$28.2 million in 2023, then retreated by 9.43% to -$30.9 million in 2024, then dropped by 24.04% to -$38.3 million in 2025.
- The last three Operating Expenses figures came in at -$38.3 million (Q4 2025), -$29.8 million (Q3 2025), and -$27.6 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,271.83 Bn | 4,203.32 Bn | 54.78 Bn | 18.90 Bn |
| 2 | Sonos | 1.84 Bn | 1.59 Bn | 124.65 Mn | 156.22 Mn |
| 3 | Zepp Health | 1.18 Bn | 1.07 Bn | 34.42 Mn | -38.29 Mn |
| 4 | Turtle Beach | 259.52 Mn | 247.20 Mn | 11.29 Mn | 25.36 Mn |
| 5 | Vuzix | 240.55 Mn | 219.40 Mn | 375,000.00 | 8.76 Mn |
| 6 | Sony | 115.32 Mn | -18.94 Bn | 5.96 Bn | 17.90 Bn |
| 7 | UTime | 81.93 Mn | 81.20 Mn | - | -0.42 |
| 8 | Axil Brands | 43.72 Mn | 38.20 Mn | 5.04 Mn | 4.83 Mn |
| 9 | Koss | 37.49 Mn | 18.63 Mn | 1.00 Mn | 1.72 Mn |
| 10 | Foxx Development Holdings | 21.28 Mn | 18.09 Mn | -1.45 Mn | 32.52 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -38.29 Mn |
| Sep 30, 2025 | -29.81 Mn |
| Jun 30, 2025 | -27.59 Mn |
| Mar 31, 2025 | -32.74 Mn |
| Dec 31, 2024 | -30.87 Mn |
| Sep 30, 2024 | -29.78 Mn |
| Jun 30, 2024 | -26.23 Mn |
| Mar 31, 2024 | -30.61 Mn |
| Dec 31, 2023 | -28.21 Mn |
| Sep 30, 2023 | -26.79 Mn |
| Jun 30, 2023 | -30.71 Mn |
| Mar 31, 2023 | -36.95 Mn |
| Dec 31, 2022 | -42.45 Mn |
| Sep 30, 2022 | -42.73 Mn |
| Jun 30, 2022 | -46.12 Mn |
| Mar 31, 2022 | 48.53 Mn |
| Dec 31, 2021 | 48.74 Mn |
| Sep 30, 2021 | 40.55 Mn |
| Jun 30, 2021 | 51.33 Mn |
| Mar 31, 2021 | 47.07 Mn |