GreenTree Hospitality (GHG) Research & Development (2017 - 2026)
GreenTree Hospitality (GHG) posted quarterly Research & Development of -$1.7 million for Q1 2026, up 29.4% year-over-year from -$1.3 million in Q1 2025, and up 16.17% quarter-over-quarter from -$2.0 million in Q4 2025.
GreenTree Hospitality (GHG) Research & Development (2017 - 2026) Analysis & Trends
GreenTree Hospitality's Research & Development history runs 10 years deep, the most recent figure standing at -$1.7 million for Q1 2026.
- In Q1 2026, Research & Development rose 29.4% year-over-year to -$1.7 million; the TTM figure through Mar 2026 stood at -$7.0 million (up 24.09% YoY), while the FY2025 annual figure was -$7.8 million, down 184.61% from the prior year.
- Research & Development for Q1 2026 stood at -$1.7 million, up from -$2.0 million in the prior quarter.
- The five-year high for Research & Development was -$1.4 million in Q2 2025, with the low at -$4.3 million in Q3 2022.
- The 5-year median for Research & Development is -$2.3 million (2023), against an average of -$2.4 million.
- The sharpest annual moves came in 2022 and 2023: Research & Development slumped 70.75% in 2022, then jumped 45.26% in 2023.
- GreenTree Hospitality's Research & Development stood at -$2.9 million in 2022, then surged by 45.26% to -$1.6 million in 2023, then tumbled by 54.56% to -$2.4 million in 2024, then gained by 18.22% to -$2.0 million in 2025, then rose by 16.17% to -$1.7 million in 2026.
- Business Quant data shows GHG's Research & Development at -$1.7 million in Q1 2026, -$2.0 million in Q4 2025, and -$1.9 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 93.02 Bn | 92.56 Bn | 1.97 Bn | - |
| 2 | Hilton Worldwide Holdings | 73.87 Bn | 72.89 Bn | 3.08 Bn | - |
| 3 | Hyatt Hotels | 17.07 Bn | 16.78 Bn | 809.00 Mn | - |
| 4 | H World | 12.87 Bn | 11.09 Bn | 337.97 Mn | -41.00 Mn |
| 5 | Atour Lifestyle Holdings | 8.56 Bn | -826.02 Bn | 242.81 Mn | -58.16 Mn |
| 6 | Wyndham Hotels & Resorts | 5.47 Bn | 5.40 Bn | 349.00 Mn | - |
| 7 | Choice Hotels International | 4.72 Bn | 4.68 Bn | 243.10 Mn | - |
| 8 | Civeo | 364.78 Mn | 344.17 Mn | 41.41 Mn | - |
| 9 | Intercontinental Hotels | 115.49 Mn | -4.73 Bn | - | - |
| 10 | GreenTree Hospitality | 112.00 Mn | 4,368.01 Bn | 32.55 Mn | -1.66 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.66 Mn |
| Dec 31, 2025 | -1.97 Mn |
| Sep 30, 2025 | -1.89 Mn |
| Jun 30, 2025 | -1.45 Mn |
| Mar 31, 2025 | -2.34 Mn |
| Dec 31, 2024 | -2.41 Mn |
| Sep 30, 2024 | -2.24 Mn |
| Jun 30, 2024 | -2.18 Mn |
| Mar 31, 2024 | -2.55 Mn |
| Dec 31, 2023 | -1.56 Mn |
| Sep 30, 2023 | -3.61 Mn |
| Jun 30, 2023 | -2.60 Mn |
| Mar 31, 2023 | -2.34 Mn |
| Dec 31, 2022 | -2.85 Mn |
| Sep 30, 2022 | -4.33 Mn |
| Dec 31, 2021 | -1.67 Mn |
| Sep 30, 2021 | -2.55 Mn |
| Jun 30, 2021 | -3.36 Mn |
| Mar 31, 2021 | -2.77 Mn |
| Dec 31, 2020 | -3.71 Mn |