Autohome (ATHM) Research & Development (2012 - 2025)

Autohome (ATHM) posted quarterly Research & Development of -$105.6 million for Q4 2025, down 7.4% year-over-year from -$114.1 million in Q4 2024, and down 21.18% quarter-over-quarter from -$87.2 million in Q3 2025.

Autohome (ATHM) Research & Development (2012 - 2025) Analysis & Trends

Autohome's Research & Development history runs 14 years deep, the most recent figure standing at -$105.6 million for Q4 2025.

  • In Q4 2025, Research & Development fell 7.4% year-over-year to -$105.6 million; the TTM figure through Dec 2025 stood at -$355.6 million (up 14.43% YoY), while the FY2025 annual figure was $362.2 million, down 11.53% from the prior year.
  • Research & Development for Q4 2025 stood at -$105.6 million, down from -$87.2 million in the prior quarter.
  • The five-year high for Research & Development was -$74.9 million in Q1 2025, with the low at -$128.2 million in Q3 2023.
  • The 5-year median for Research & Development is -$103.2 million (2023), against an average of -$102.1 million.
  • The sharpest annual moves came in 2021 and 2025: Research & Development tumbled 40.73% in 2021, then soared 30.22% in 2025.
  • Autohome's Research & Development stood at -$126.0 million in 2021, then climbed by 22.58% to -$97.5 million in 2022, then retreated by 5.45% to -$102.8 million in 2023, then grew by 4.37% to -$98.3 million in 2024, then dropped by 7.4% to -$105.6 million in 2025.
  • Business Quant data shows ATHM's Research & Development at -$105.6 million in Q4 2025, -$87.2 million in Q3 2025, and -$87.9 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Alphabet 4,239.00 Bn 3,809.96 Bn 73.85 Bn 18.22 Bn
2 Meta Platforms 1,535.20 Bn 1,444.94 Bn 49.47 Bn 21.66 Bn
3 Taboola.com 1,139.07 Bn 1,138.93 Bn 139.48 Mn 67.16 Mn
4 Baidu 289.02 Bn 284.53 Bn 1.88 Mn 635.00 Mn
5 Spotify Technology 102.92 Bn 92.68 Bn 1.75 Bn 387.52 Mn
6 Joyy 77.84 Bn 76.96 Bn 205.64 Mn -61.54 Mn
7 BILI Social International 60.58 Bn 60.58 Bn 405,933.00 -
8 Nebius 49.06 Bn 39.43 Bn 295.20 Mn 67.40 Mn
9 Reddit 30.48 Bn 27.70 Bn 734.60 Mn 231.28 Mn
10 Autohome 10.84 Bn 10.53 Bn 163.46 Mn -105.61 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -105.61 Mn
Sep 30, 2025 -87.16 Mn
Jun 30, 2025 -87.94 Mn
Mar 31, 2025 -74.92 Mn
Dec 31, 2024 -98.34 Mn
Sep 30, 2024 -124.91 Mn
Jun 30, 2024 -103.55 Mn
Mar 31, 2024 -88.82 Mn
Dec 31, 2023 -102.83 Mn
Sep 30, 2023 -128.18 Mn
Jun 30, 2023 -113.65 Mn
Mar 31, 2023 -76.17 Mn
Dec 31, 2022 -97.52 Mn
Sep 30, 2022 -121.27 Mn
Jun 30, 2022 -110.29 Mn
Mar 31, 2022 -93.43 Mn
Dec 31, 2021 -125.96 Mn
Sep 30, 2021 -110.53 Mn
Jun 30, 2021 -87.10 Mn
Mar 31, 2021 -104.19 Mn