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
DateValue
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