Chagee Holdings (CHA) Research & Development (2024 - 2025)

Chagee Holdings (CHA) posted quarterly Research & Development of -$53.4 million for Q4 2025, up 3.0% year-over-year from -$51.9 million in Q4 2024, and down 24.91% quarter-over-quarter from -$42.8 million in Q3 2025.

Chagee Holdings (CHA) Research & Development (2024 - 2025) Analysis & Trends

Chagee Holdings (CHA) has reported Research & Development for 2 consecutive years, with -$53.4 million the latest figure, recorded in Q4 2025.

  • In Q4 2025, Research & Development rose 3.0% year-over-year to -$53.4 million; the TTM figure through Dec 2025 stood at -$191.2 million (down 23.92% YoY), while the FY2025 annual figure was $194.8 million, up 26.21% from the prior year.
  • Research & Development slipped to -$53.4 million in Q4 2025 per CHA's latest filing, from -$42.8 million in the prior quarter.
  • Across five years, Research & Development topped out at -$15.7 million in Q1 2024 and bottomed at -$55.1 million in Q4 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Mcdonalds 193.05 Bn 192.23 Bn 6.42 Bn -
2 Starbucks 122.77 Bn 119.16 Bn 6.49 Bn -
3 Chipotle Mexican Grill 42.40 Bn 41.73 Bn 2.35 Bn -
4 Yum Brands 40.42 Bn 39.75 Bn 1.47 Bn -
5 Restaurant Brands International 27.11 Bn 27.59 Bn 1.89 Bn -
6 Darden Restaurants 25.70 Bn 25.48 Bn 3.68 Bn -
7 Restaurant Brands International Limited Partnership 17.24 Bn 16.18 Bn 1.89 Bn -
8 Yum China Holdings 16.42 Bn 15.74 Bn 2.22 Bn -
9 Texas Roadhouse 13.58 Bn 13.40 Bn 1.44 Bn -
10 Chagee Holdings 1.96 Bn 916.06 Mn 392.25 Mn -53.43 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -53.43 Mn
Sep 30, 2025 -42.77 Mn
Jun 30, 2025 -53.75 Mn
Mar 31, 2025 -41.25 Mn
Dec 31, 2024 -55.08 Mn
Sep 30, 2024 -49.07 Mn
Jun 30, 2024 -34.40 Mn
Mar 31, 2024 -15.74 Mn