Cheche (CCG) Research & Development (2022 - 2025)
Cheche's (CCG) quarterly Research & Development came in at -$4.4 million in Q4 2025, down 64.0% YoY from -$12.3 million in Q4 2024, and up 14.75% on a QoQ basis from -$5.2 million in Q2 2025.
Cheche (CCG) Research & Development (2022 - 2025) Analysis & Trends
Cheche (CCG) has 4 years of Research & Development data on file, last reported at -$4.4 million in Q4 2025.
- Quarterly Research & Development fell 64.0% year-over-year to -$4.4 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$14.9 million (down 35.14% YoY) and the FY2025 annual result came in at -$9.8 million, up 10.4% from the prior year.
- Research & Development advanced to -$4.4 million in Q4 2025, from -$5.2 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of -$2.4 million in Q2 2023 to a low of -$5.3 million in Q3 2023.
- A 4-year average of -$3.8 million and a median of -$3.8 million in 2022 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2024 — Research & Development surged 51.7% — and 2025, when it sank 95.34%.
- Tracing CCG's Research & Development over 4 years: stood at -$4.6 million in 2022, then advanced by 23.58% to -$3.5 million in 2023, then gained by 22.33% to -$2.7 million in 2024, then tumbled by 64.0% to -$4.4 million in 2025.
- The last three Research & Development figures came in at -$4.4 million (Q4 2025), -$5.2 million (Q2 2025), and -$2.7 million (Q4 2024), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,209.11 Bn | 3,780.07 Bn | 73.85 Bn | 18.22 Bn |
| 2 | Meta Platforms | 1,537.88 Bn | 1,447.62 Bn | 49.47 Bn | 21.66 Bn |
| 3 | Taboola.com | 1,134.89 Bn | 1,134.76 Bn | 139.48 Mn | 67.16 Mn |
| 4 | Baidu | 289.34 Bn | 284.85 Bn | 1.88 Mn | 635.00 Mn |
| 5 | Spotify Technology | 102.76 Bn | 92.52 Bn | 1.75 Bn | 387.52 Mn |
| 6 | Joyy | 77.62 Bn | 76.74 Bn | 205.64 Mn | -61.54 Mn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | - |
| 8 | Nebius | 49.31 Bn | 39.68 Bn | 295.20 Mn | 67.40 Mn |
| 9 | 30.43 Bn | 27.64 Bn | 734.60 Mn | 231.28 Mn | |
| 10 | Cheche | 32.32 Mn | 11.24 Mn | 13.52 Mn | -4.43 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -4.43 Mn |
| Jun 30, 2025 | -5.20 Mn |
| Dec 31, 2024 | -2.70 Mn |
| Sep 30, 2024 | -2.58 Mn |
| Jun 30, 2024 | -2.66 Mn |
| Mar 31, 2024 | -3.09 Mn |
| Dec 31, 2023 | -3.48 Mn |
| Sep 30, 2023 | -5.34 Mn |
| Jun 30, 2023 | -2.42 Mn |
| Mar 31, 2023 | -4.50 Mn |
| Dec 31, 2022 | -4.55 Mn |
| Sep 30, 2022 | -4.09 Mn |