Boqii Holding (BQ) Research & Development (2019 - 2023)
Boqii Holding (BQ) posted quarterly Research & Development of -$8.8 million for Q1 2023, down 167665.29% year-over-year from N/an in Q1 2022, and down 89.31% quarter-over-quarter from -$4.7 million in Q3 2022.
Boqii Holding (BQ) Research & Development (2019 - 2023) Analysis & Trends
Boqii Holding (BQ) has reported Research & Development for 5 consecutive years, with -$8.8 million the latest figure, recorded in Q1 2023.
- In Q1 2023, Research & Development fell 167665.29% year-over-year to -$8.8 million; the TTM figure through Mar 2023 stood at -$18.2 million (up 15.15% YoY), while the FY2026 annual figure was -$11.8 million, down 215.23% from the prior year.
- Research & Development slipped to -$8.8 million in Q1 2023 per BQ's latest filing, from -$4.7 million in the prior quarter.
- Across five years, Research & Development topped out at -$5249.0 in Q1 2022 and bottomed at -$8.8 million in Q1 2023.
- Historically, Research & Development has averaged -$5.5 million across 5 years, with a median of -$5.0 million in 2020.
- Annual changes were most pronounced in 2022 — Research & Development soared 99.91% — and 2023, when it slumped 167665.29%.
- Boqii Holding's Research & Development stood at -$5.1 million in 2019, then tumbled by 65.46% to -$8.4 million in 2020, then grew by 10.34% to -$7.6 million in 2021, then surged by 38.58% to -$4.7 million in 2022, then plunged by 89.31% to -$8.8 million in 2023.
- Business Quant data shows BQ's Research & Development at -$8.8 million in Q1 2023, -$4.7 million in Q3 2022, and -$4.7 million in Q2 2022.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 30.70 Bn | 30.18 Bn | 1.08 Bn | - |
| 2 | Williams Sonoma | 28.62 Bn | 27.60 Bn | 1.10 Bn | - |
| 3 | Ulta Beauty | 22.58 Bn | 22.36 Bn | 1.27 Bn | - |
| 4 | Tractor Supply | 18.35 Bn | 18.12 Bn | 1.68 Bn | - |
| 5 | Best Buy | 18.03 Bn | 16.28 Bn | 2.10 Bn | - |
| 6 | Dick'S Sporting Goods | 15.93 Bn | 14.93 Bn | 1.68 Bn | - |
| 7 | Five Below | 13.08 Bn | 11.97 Bn | 478.64 Mn | - |
| 8 | Murphy USA | 10.51 Bn | 10.33 Bn | 746.50 Mn | - |
| 9 | Bath & Body Works | 4.08 Bn | 3.13 Bn | 1.24 Bn | - |
| 10 | Boqii Holding | 3.87 Mn | -3.32 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | -8.81 Mn |
| Sep 30, 2022 | -4.65 Mn |
| Jun 30, 2022 | -4.74 Mn |
| Mar 31, 2022 | -5,249.00 |
| Dec 31, 2021 | -7.57 Mn |
| Sep 30, 2021 | -6.82 Mn |
| Jun 30, 2021 | -7.05 Mn |
| Mar 31, 2021 | -5.92 Mn |
| Dec 31, 2020 | -8.45 Mn |
| Sep 30, 2020 | -4.62 Mn |
| Jun 30, 2020 | -4.93 Mn |
| Mar 31, 2020 | -3.59 Mn |
| Dec 31, 2019 | -5.10 Mn |
| Sep 30, 2019 | -4.89 Mn |