Growth Metrics

Dingdong (Cayman) (DDL) Research & Development (2020 - 2025)

Dingdong (Cayman)'s quarterly Research & Development came in at -$31.3 million in Q4 2025, down 13.23% year-on-year from -$36.0 million in Q4 2024, and down 9.45% quarter-over-quarter from -$28.6 million in Q3 2025.

Dingdong (Cayman) has reported Research & Development for 6 years, with the latest figure at -$31.3 million in Q4 2025.

  • For the quarter ending Q4 2025, Research & Development fell 13.23% year-over-year to -$31.3 million; the trailing twelve-month figure through Dec 2025 stood at -$115.3 million (down 3.77% YoY), and the FY2025 full-year result was -$30.8 million, down 9.86% from the prior year.
  • Research & Development for Q4 2025 stood at -$31.3 million, down from -$28.6 million in the prior quarter.
  • The five-year high for Research & Development was -$24.1 million in Q1 2021, with the low at -$44.7 million in Q4 2021.
  • Average Research & Development over 5 years is -$31.4 million, with a median of -$28.7 million recorded in 2024.
  • Year-over-year, Research & Development plunged 267.32% in 2021 and advanced 28.27% in 2023.
  • Tracing DDL's Research & Development over 5 years: stood at -$44.7 million in 2021, then advanced by 15.97% to -$37.5 million in 2022, then increased by 28.27% to -$26.9 million in 2023, then fell by 2.57% to -$27.6 million in 2024, then dropped by 13.23% to -$31.3 million in 2025.
  • The last three Research & Development figures came in at -$31.3 million (Q4 2025), -$28.6 million (Q3 2025), and -$28.2 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Kroger 43.85 Bn 40.52 Bn 8.12 Bn -
2 Albertsons Companies 8.84 Bn 8.64 Bn 5.51 Bn -
3 Sprouts Farmers Market 8.22 Bn 7.97 Bn 917.28 Mn -
4 Weis Markets 1.79 Bn 1.59 Bn 330.25 Mn -
5 Grocery Outlet Holding 788.88 Mn 729.89 Mn 345.20 Mn -
6 Natural Grocers by Vitamin Cottage 662.10 Mn 641.38 Mn 102.44 Mn -
7 Krispy Kreme 562.50 Mn 489.27 Mn 356.92 Mn -
8 Ingles Markets 393.09 Mn -32.08 Mn 325.26 Mn -
9 Village Super Market 190.86 Mn 30.76 Mn - -
10 Dingdong (Cayman) 19.61 Mn -117.39 Mn 261.22 Mn -31.28 Mn

Historic Data

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DateValue
Dec 31, 2025 -31.28 Mn
Sep 30, 2025 -28.58 Mn
Jun 30, 2025 -28.17 Mn
Mar 31, 2025 -27.28 Mn
Dec 31, 2024 -27.62 Mn
Sep 30, 2024 -28.84 Mn
Jun 30, 2024 -27.89 Mn
Mar 31, 2024 -26.77 Mn
Dec 31, 2023 -26.93 Mn
Sep 30, 2023 -27.32 Mn
Jun 30, 2023 -27.82 Mn
Mar 31, 2023 -30.67 Mn
Dec 31, 2022 -37.55 Mn
Sep 30, 2022 -35.85 Mn
Jun 30, 2022 -38.12 Mn
Mar 31, 2022 -36.90 Mn
Dec 31, 2021 -44.68 Mn
Sep 30, 2021 -39.93 Mn
Jun 30, 2021 -31.98 Mn
Mar 31, 2021 -24.14 Mn
Dec 31, 2020 -19.80 Mn
Sep 30, 2020 -12.50 Mn
Jun 30, 2020 -8.71 Mn