Hour Loop (HOUR) Research & Development (2021 - 2026)

Hour Loop (HOUR) posted Research & Development of $12.6 million for Q1 2026, down 49.14% sequentially from $24.8 million in Q4 2025, and up 12.02% YoY from $11.2 million in Q1 2025.

Hour Loop (HOUR) Research & Development (2021 - 2026) Analysis & Trends

Hour Loop has reported Research & Development for 6 years, with the latest figure at $12.6 million in Q1 2026.

  • Quarterly Research & Development rose 12.02% year-over-year to $12.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $63.8 million (up 3.02% YoY) and the FY2025 annual result came in at $62.4 million, up 0.96% from the prior year.
  • Research & Development slipped to $12.6 million in Q1 2026 per HOUR's latest filing, from $24.8 million in the prior quarter.
  • Over five years, Research & Development peaked at $42.2 million in Q4 2022 and troughed at $5.5 million in Q1 2022.
  • A 5-year average of $15.3 million and a median of $12.6 million in 2026 frame the typical range for Research & Development.
  • The sharpest annual moves came in 2022 and 2023: Research & Development soared 18784.91% in 2022, then slumped 34.24% in 2023.
  • Over 5 years, Research & Development stood at $42.2 million in 2022, then plunged by 34.24% to $27.8 million in 2023, then decreased by 16.38% to $23.2 million in 2024, then advanced by 6.75% to $24.8 million in 2025, then tumbled by 49.14% to $12.6 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered $12.6 million, $24.8 million, and $14.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Amazon Com 2,942.52 Bn 2,819.53 Bn 198.88 Bn 62.73 Bn
2 PDD Holdings 506.40 Bn 446.86 Bn 9.83 Bn -714.26 Mn
3 Mercadolibre 98.49 Bn 83.30 Bn 4.16 Bn 1.13 Bn
4 DoorDash 92.97 Bn 87.62 Bn 2.35 Bn 821.00 Mn
5 JD.com 87.31 Bn 58.13 Bn 7.66 Bn -995.00 Mn
6 Sea 78.18 Bn 69.66 Bn 3.15 Bn -1.41 Bn
7 Ebay 47.28 Bn 43.97 Bn 2.30 Bn 697.00 Mn
8 Coupang 29.61 Bn 23.50 Bn 2.49 Bn -
9 Zkh 16.42 Bn 16.42 Bn 51.11 Mn -4.25 Mn
10 Hour Loop 66.50 Mn 65.51 Mn 16.02 Mn 12.60 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 12.60 Mn
Dec 31, 2025 24.77 Mn
Sep 30, 2025 14.67 Mn
Jun 30, 2025 11.72 Mn
Mar 31, 2025 11.25 Mn
Dec 31, 2024 23.21 Mn
Sep 30, 2024 14.59 Mn
Jun 30, 2024 12.84 Mn
Mar 31, 2024 11.17 Mn
Dec 31, 2023 27.75 Mn
Sep 30, 2023 13.63 Mn
Jun 30, 2023 10.25 Mn
Mar 31, 2023 9.51 Mn
Dec 31, 2022 42.20 Mn
Sep 30, 2022 7.78 Mn
Jun 30, 2022 6.48 Mn
Mar 31, 2022 5.53 Mn
Dec 31, 2021 -12.97 Mn
Sep 30, 2021 4.43 Mn
Jun 30, 2021 4.80 Mn