Cheche (CCG) Research & Development (2022 - 2025)
Cheche's (CCG) quarterly Research & Development came in at -$2.7 million in Q4 2025, down 113.64% on a YoY basis from $19.9 million in Q4 2024, and down 6.07% quarter-over-quarter from -$2.6 million in Q2 2025.
Analysis
Cheche (CCG) Research & Development (2022 - 2025) Analysis & Trends
Cheche (CCG) has reported Research & Development for 4 consecutive years, with -$2.7 million the latest figure, recorded in Q4 2025.
- For the quarter ending Q4 2025, Research & Development fell 113.64% year-over-year to -$2.7 million; the trailing twelve-month figure through Dec 2025 stood at -$8.0 million (down 51.31% YoY), and the FY2025 full-year result was -$5.3 million, down 2.42% from the prior year.
- Research & Development fell to -$2.7 million in Q4 2025 per CCG's latest filing, from -$2.6 million in the prior quarter.
- Across five years, Research & Development topped out at -$1.3 million in Q2 2024 and bottomed at -$2.9 million in Q1 2023.
- Historically, Research & Development has averaged -$1.9 million across 4 years, with a median of -$1.8 million in 2022.
- The sharpest annual moves came in 2024 and 2025: Research & Development surged 54.9% in 2024, then sank 113.64% in 2025.
- Over 4 years, Research & Development stood at -$1.8 million in 2022, then increased by 3.92% to -$1.7 million in 2023, then grew by 27.38% to -$1.3 million in 2024, then plunged by 113.64% to -$2.7 million in 2025.
- According to Business Quant data, Research & Development over the past three periods registered -$2.7 million, -$2.6 million, and -$1.3 million for Q4 2025, Q2 2025, and Q4 2024 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Guidewire Software | 11.83 Bn | 11.08 Bn | 269.68 Mn | 90.59 Mn |
| 2 | Exzeo | 1.50 Bn | 1.36 Bn | 36.84 Mn | 2.44 Mn |
| 3 | Yuanbao | 571.39 Mn | -169.12 Mn | - | 14.66 Mn |
| 4 | Cheche | 182.09 Mn | 162.65 Mn | - | - |
| 5 | Roadzen | 104.06 Mn | 100.94 Mn | 9.27 Mn | 7.21 Mn |
| 6 | Health In Tech | 57.04 Mn | 50.59 Mn | 3.92 Mn | 2.22 Mn |
| 7 | MindForge | 1.79 Mn | -8.08 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -2.71 Mn |
| Jun 30, 2025 | -2.55 Mn |
| Dec 31, 2024 | -1.27 Mn |
| Sep 30, 2024 | -1.45 Mn |
| Jun 30, 2024 | -1.26 Mn |
| Mar 31, 2024 | -1.30 Mn |
| Dec 31, 2023 | -1.75 Mn |
| Sep 30, 2023 | -1.85 Mn |
| Jun 30, 2023 | -1.65 Mn |
| Mar 31, 2023 | -2.88 Mn |
| Dec 31, 2022 | -1.82 Mn |
| Sep 30, 2022 | -2.02 Mn |