Fangdd Network (DUO) Research & Development (2018 - 2022)

Fangdd Network (DUO) has reported Research & Development for 5 consecutive years, with -$9.3 million the latest figure, recorded in Q4 2022.

• On a quarterly basis, Research & Development rose 64.6% year-over-year to -$9.3 million in Q4 2022; TTM through Dec 2022 was -$51.7 million, a 7.32% decrease from a year earlier, with the FY2025 full-year figure at -$3.6 million, down 6.92% from the prior year.
• Research & Development was -$9.3 million for Q4 2022 at Fangdd Network, up from -$26.2 million in the prior quarter.
• Over five years, Research & Development peaked at -$5.7 million in Q1 2021 and troughed at -$102.9 million in Q4 2019.
• A 5-year average of -$19.1 million and a median of -$9.9 million in 2020 frame the typical range for Research & Development.
• Across the five-year window, Research & Development sank 1229.06% in 2019 and surged 64.6% in 2022, its largest moves.
• Over 5 years, Research & Development stood at -$7.7 million in 2018, then slumped by 1229.06% to -$102.9 million in 2019, then soared by 55.79% to -$45.5 million in 2020, then jumped by 42.38% to -$26.2 million in 2021, then surged by 64.6% to -$9.3 million in 2022.
• The last three Research & Development figures came in at -$9.3 million (Q4 2022), -$26.2 million (Q4 2021), and -$6.2 million (Q3 2021), per Business Quant data.