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

Chagee Holdings' (CHA) quarterly Research & Development came in at -$53.4 million in Q4 2025, up 3.0% year-on-year from -$51.9 million in Q4 2024, and down 24.91% on a QoQ basis from -$42.8 million in Q3 2025.

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

Chagee Holdings (CHA) has 2 years of Research & Development data on file, last reported at -$53.4 million in Q4 2025.

  • On a quarterly basis, Research & Development rose 3.0% year-over-year to -$53.4 million in Q4 2025; TTM through Dec 2025 was -$191.2 million, a 23.92% decrease from a year earlier, with the FY2025 full-year figure at $194.8 million, up 26.21% from the prior year.
  • Research & Development for Q4 2025 stood at -$53.4 million, down from -$42.8 million in the prior quarter.
  • Over the last five years, Research & Development for CHA reached as high as -$15.7 million in Q1 2024 and fell as low as -$55.1 million in Q4 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Starbucks 117.61 Bn 115.91 Bn 6.32 Bn -
2 Chipotle Mexican Grill 41.20 Bn 40.33 Bn 2.61 Bn -
3 Yum Brands 40.68 Bn 39.99 Bn 1.38 Bn -
4 Restaurant Brands International 25.13 Bn 25.66 Bn 2.14 Bn -
5 Darden Restaurants 22.23 Bn 21.99 Bn 3.68 Bn -
6 Yum China Holdings 15.22 Bn 14.47 Bn 2.31 Bn -
7 Texas Roadhouse 12.56 Bn 12.37 Bn 1.40 Bn -
8 Dominos Pizza 10.74 Bn 10.60 Bn 478.23 Mn -
9 Dutch Bros 8.14 Bn 8.10 Bn 107.48 Mn -
10 Chagee Holdings 1.82 Bn 779.84 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