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

H World's (HTHT) quarterly Research & Development came in at -$41.0 million in Q1 2026, down 24.24% year-on-year from -$54.1 million in Q1 2025, and up 24.07% on a QoQ basis from -$54.0 million in Q4 2025.

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

H World (HTHT) has 18 years of Research & Development data on file, last reported at -$41.0 million in Q1 2026.

  • On a quarterly basis, Research & Development fell 24.24% year-over-year to -$41.0 million in Q1 2026; TTM through Mar 2026 was -$186.0 million, a 16.25% decrease from a year earlier, with the FY2025 full-year figure at $182.0 million, up 13.04% from the prior year.
  • Research & Development for Q1 2026 stood at -$41.0 million, up from -$54.0 million in the prior quarter.
  • Over the last five years, Research & Development for HTHT reached as high as -$20.0 million in Q1 2022 and fell as low as -$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.
  • Year by year, Research & Development stood at -$25.0 million in 2022, then tumbled by 84.0% to -$46.0 million in 2023, then rose by 13.04% to -$40.0 million in 2024, then plunged by 35.0% to -$54.0 million in 2025, then rose by 24.07% to -$41.0 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were -$41.0 million in Q1 2026, -$54.0 million in Q4 2025, and -$48.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Intercontinental Hotels 24,088,955.24 Bn 24,088,950.39 Bn - -
2 Marriott International 96.11 Bn 95.65 Bn 6.38 Bn -
3 Hilton Worldwide Holdings 73.11 Bn 73.08 Bn 2.70 Bn -
4 Hyatt Hotels 17.34 Bn 16.99 Bn 1.75 Bn -
5 Atour Lifestyle Holdings 12.95 Bn -818.18 Bn 241.80 Mn -58.16 Mn
6 Wyndham Hotels & Resorts 5.54 Bn 5.46 Bn 349.00 Mn -
7 Choice Hotels International 4.94 Bn 4.90 Bn 316.92 Mn -
8 H World 1.80 Bn 19.15 Mn 337.97 Mn -41.00 Mn
9 Civeo 398.09 Mn 381.54 Mn 40.16 Mn -
10 Mdjm 2,036.85 -698,442.15 - -

Historic Data

Download Data
DateValue
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