The table below shows Fangdd Network Group Ltd.'s income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
Revenue
$50.74M
$46.46M
$40.13M
$35.66M
$147.88M
$375.68M
Cost of revenue
$41.65M
$38.00M
$34.33M
$32.07M
$131.17M
$312.16M
Gross profit
$9.09M
$8.46M
$5.80M
$3.59M
$16.71M
$63.52M
R&D
$3.63M
$3.39M
$4.53M
$9.56M
$26.29M
$46.19M
DUO annual revenue (10-K history)
Fangdd Network Group Ltd. reported annual revenue of $50.74M for fiscal year 2025. That is up 9.2% from $46.46M in fiscal 2024. Over the 7 fiscal years shown, annual revenue declined from $517.03M (FY 2019) to $50.74M. Figures come from the company's audited annual reports as filed with the SEC.