Boqii Holding (BQ) Research & Development (2019 - 2023)

Boqii Holding (BQ) has reported Research & Development for 5 consecutive years, with -$8.8 million the latest figure, recorded in Q1 2023.

• On a quarterly basis, Research & Development fell 67.77% year-over-year to -$8.8 million in Q1 2023; TTM through Mar 2023 was -$23.4 million, a 12.17% increase from a year earlier, with the FY2026 full-year figure at -$11.8 million, down 215.23% from the prior year.
• Research & Development was -$8.8 million for Q1 2023 at Boqii Holding, down from -$4.7 million in the prior quarter.
• Over five years, Research & Development peaked at -$3.6 million in Q1 2020 and troughed at -$8.8 million in Q1 2023.
• A 5-year average of -$5.9 million and a median of -$5.2 million in 2019 frame the typical range for Research & Development.
• Across the five-year window, Research & Development soared 32.79% in 2022 and tumbled 67.77% in 2023, its largest moves.
• Over 5 years, Research & Development stood at -$5.1 million in 2019, then tumbled by 65.46% to -$8.4 million in 2020, then advanced by 10.34% to -$7.6 million in 2021, then soared by 38.58% to -$4.7 million in 2022, then plunged by 89.31% to -$8.8 million in 2023.
• The last three Research & Development figures came in at -$8.8 million (Q1 2023), -$4.7 million (Q3 2022), and -$4.7 million (Q2 2022), per Business Quant data.