DouYu International Holdings (DOYU) Research & Development (2018 - 2026)

DouYu International Holdings (DOYU) has 8 years of Research & Development data on file, last reported at -$4.8 million in Q4 2025.

• Quarterly Research & Development fell 3.33% year-over-year to -$4.8 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$17.0 million (up 32.73% YoY) and the FY2025 annual result came in at $17.3 million, down 30.45% from the prior year.
• Research & Development eased to -$4.8 million in Q4 2025, from -$3.8 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of -$3.8 million in Q3 2025 to a low of -$20.8 million in Q4 2021.
• A 5-year average of -$10.7 million and a median of -$10.0 million in 2023 frame the typical range for Research & Development.
• Annual changes were most pronounced in 2021 — Research & Development sank 42.05% — and 2025, when it jumped 44.14%.
• Tracing DOYU's Research & Development over 5 years: stood at -$20.8 million in 2021, then soared by 43.85% to -$11.7 million in 2022, then gained by 28.77% to -$8.3 million in 2023, then jumped by 43.76% to -$4.7 million in 2024, then decreased by 3.33% to -$4.8 million in 2025.
• The last three Research & Development figures came in at -$4.8 million (Q4 2025), -$3.8 million (Q3 2025), and -$3.9 million (Q2 2025), per Business Quant data.