H World (HTHT) Research & Development (2009 - 2026)
H World (HTHT) posted quarterly Research & Development of -$41.0 million for Q1 2026, down 24.24% year-over-year from -$54.1 million in Q1 2025, and up 24.07% quarter-over-quarter from -$54.0 million in Q4 2025.
H World (HTHT) Research & Development (2009 - 2026) Analysis & Trends
H World (HTHT) has reported Research & Development for 18 consecutive years, with -$41.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Research & Development fell 24.24% year-over-year to -$41.0 million; the TTM figure through Mar 2026 stood at -$186.0 million (down 16.25% YoY), while the FY2025 annual figure was $182.0 million, up 13.04% from the prior year.
- Research & Development climbed to -$41.0 million in Q1 2026 per HTHT's latest filing, from -$54.0 million in the prior quarter.
- Across five years, Research & Development topped out at -$20.0 million in Q1 2022 and bottomed at -$54.0 million in Q4 2025.
- Historically, Research & Development has averaged -$36.7 million across 5 years, with a median of -$40.0 million in 2023.
- On a YoY basis, Research & Development climbed as much as 16.0% in 2022 and fell as far as 89655072.41% in 2022.
- H World's Research & Development stood at -$25.0 million in 2022, then tumbled by 84.0% to -$46.0 million in 2023, then grew by 13.04% to -$40.0 million in 2024, then plunged by 35.0% to -$54.0 million in 2025, then grew by 24.07% to -$41.0 million in 2026.
- Business Quant data shows HTHT's Research & Development at -$41.0 million in Q1 2026, -$54.0 million in Q4 2025, and -$48.0 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 | -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 | -29.00 |
| Jun 30, 2021 | -25.00 Mn |