Growth Metrics

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 Reddit 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 Pinterest 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 🔒
DateValue
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