Cheche (CCGWW) Research & Development (2022 - 2025)
Cheche posted quarterly Research & Development of -$2.7 million for Q4 2025, down 113.64% year-on-year from $19.9 million in Q4 2024, and down 6.07% on a QoQ basis from -$2.6 million in Q2 2025.
Cheche (CCGWW) has 4 years of Research & Development data on file, last reported at -$2.7 million 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 for Q4 2025 stood at -$2.7 million, down 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.
- The 4-year median for Research & Development is -$1.8 million (2022), against an average of -$1.9 million.
- The widest annual swing landed in 2024, when Research & Development jumped 54.9%; it then slumped 113.64% in 2025.
- A 4-year view of Research & Development shows it stood at -$1.8 million in 2022, then grew by 3.92% to -$1.7 million in 2023, then climbed by 27.38% to -$1.3 million in 2024, then sank by 113.64% to -$2.7 million in 2025.
- The last three Research & Development figures came in at -$2.7 million (Q4 2025), -$2.6 million (Q2 2025), and -$1.3 million (Q4 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,554.43 Bn | 4,338.81 Bn | 102.29 Bn | 17.03 Bn |
| 2 | Meta Platforms | 1,602.78 Bn | 1,521.60 Bn | 46.09 Bn | 17.70 Bn |
| 3 | Spotify Technology | 119.86 Bn | 109.62 Bn | 1.75 Bn | 387.52 Mn |
| 4 | 33.71 Bn | 30.94 Bn | 511.94 Mn | 207.25 Mn | |
| 5 | Nebius | 22.38 Bn | 22.38 Bn | 295.20 Mn | 67.40 Mn |
| 6 | 12.76 Bn | 11.46 Bn | 768.96 Mn | 380.79 Mn | |
| 7 | Kanzhun | 12.59 Bn | 10.49 Bn | 255.62 Bn | -61.44 Bn |
| 8 | Snap | 9.64 Bn | 6.81 Bn | 1.29 Bn | 478.30 Mn |
| 9 | Match | 8.43 Bn | 7.41 Bn | 653.28 Mn | 116.81 Mn |
| 10 | Cheche | - | - | 13.52 Mn | -2.71 Mn |
Historic Data
Download 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 |