H World HTHT
NASDAQ HTHT
$45.77 -0.57 (-1.23%)
At close: Sep 4, 2026 · 4:00 PM EDT

H World (HTHT) Research & Development (2009 - 2026)

H World's (HTHT) quarterly Research & Development came in at -$50.0 million in Q2 2026, down 16.28% year-over-year from -$59.7 million in Q2 2025, and down 21.95% quarter-over-quarter from -$41.0 million in Q1 2026.

Analysis

H World (HTHT) Research & Development (2009 - 2026) Analysis & Trends

H World (HTHT) has reported Research & Development for 18 consecutive years, with -$50.0 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Research & Development fell 16.28% year-over-year to -$50.0 million in Q2 2026; TTM through Jun 2026 was -$193.0 million, a 21.38% decrease from a year earlier, with the FY2025 full-year figure at $182.0 million, up 13.04% from the prior year.
  • Research & Development was -$50.0 million for Q2 2026 at H World, down from -$41.0 million in the prior quarter.
  • Over five years, Research & Development peaked at -$20.0 million in Q1 2022 and troughed at -$54.0 million in Q4 2025.
  • A 5-year average of -$37.4 million and a median of -$40.0 million in 2023 frame the typical range for Research & Development.
  • Across the five-year window, Research & Development rose 16.0% in 2022 and tumbled 84.0% in 2023, its largest moves.
  • Over 5 years, Research & Development stood at -$25.0 million in 2022, then tumbled by 84.0% to -$46.0 million in 2023, then advanced by 13.04% to -$40.0 million in 2024, then plunged by 35.0% to -$54.0 million in 2025, then grew by 7.41% to -$50.0 million in 2026.
  • The last three Research & Development figures came in at -$50.0 million (Q2 2026), -$41.0 million (Q1 2026), and -$54.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Marriott International 87.75 Bn 87.29 Bn 1.97 Bn -
2 Hilton Worldwide Holdings 70.18 Bn 69.20 Bn 3.08 Bn -
3 Hyatt Hotels 15.65 Bn 15.36 Bn 809.00 Mn -
4 H World 14.06 Bn 11.97 Bn 453.94 Mn -50.00 Mn
5 Atour Lifestyle Holdings 8.60 Bn 7.76 Bn 511.83 Mn -89.31 Mn
6 Wyndham Hotels & Resorts 5.33 Bn 5.26 Bn 349.00 Mn -
7 Choice Hotels International 4.55 Bn 4.50 Bn 243.10 Mn -
8 Hotel101 Global Holdings 1.22 Bn 1.20 Bn - -
9 Studio City International Holdings 329.33 Mn 206.54 Mn 144.08 Mn -
10 GreenTree Hospitality 113.35 Mn 117.86 Mn 34.50 Mn -1.50 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -50.00 Mn
Mar 31, 2026 -41.00 Mn
Dec 31, 2025 -54.00 Mn
Sep 30, 2025 -48.00 Mn
Jun 30, 2025 -43.00 Mn
Mar 31, 2025 -33.00 Mn
Dec 31, 2024 -40.00 Mn
Sep 30, 2024 -43.00 Mn
Jun 30, 2024 -44.00 Mn
Mar 31, 2024 -36.00 Mn
Dec 31, 2023 -46.00 Mn
Sep 30, 2023 -40.00 Mn
Jun 30, 2023 -36.00 Mn
Mar 31, 2023 -28.00 Mn
Dec 31, 2022 -25.00 Mn
Sep 30, 2022 -26.00 Mn
Jun 30, 2022 -21.00 Mn
Mar 31, 2022 -20.00 Mn
Dec 31, 2021 -29.00 Mn
Sep 30, 2021 -29.22 Mn