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| Date | Value |
|---|---|
| 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 |