Huize Holding (HUIZ) Research & Development (2018 - 2025)

Huize Holding (HUIZ) reported Research & Development of -$4.2 million for Q4 2025, down 92.1% year-over-year from -$52.9 million in Q4 2024, and down 87.62% quarter-over-quarter from -$2.2 million in Q2 2025.

Huize Holding (HUIZ) Research & Development (2018 - 2025) Analysis & Trends

Huize Holding (HUIZ) has 8 years of Research & Development data on file, last reported at -$4.2 million in Q4 2025.

  • Research & Development for Q4 2025 came in at -$4.2 million, down 92.1% year-over-year; the trailing twelve-month figure through Dec 2025 was -$10.4 million (down 20.63% YoY), and the FY2025 annual result was $8.4 million, down 1.82% from the prior year.
  • Research & Development retreated to -$4.2 million in Q4 2025 per HUIZ's latest filing, from -$2.2 million in the prior quarter.
  • Over five years, Research & Development peaked at -$1.9 million in Q1 2025 and troughed at -$7.2 million in Q4 2021.
  • A 5-year average of -$3.0 million and a median of -$2.5 million in 2024 frame the typical range for Research & Development.
  • The sharpest annual moves came in 2021 and 2022: Research & Development sank 197.78% in 2021, then soared 66.13% in 2022.
  • A 5-year view of Research & Development shows it stood at -$7.2 million in 2021, then soared by 66.13% to -$2.4 million in 2022, then climbed by 0.94% to -$2.4 million in 2023, then rose by 10.26% to -$2.2 million in 2024, then tumbled by 92.1% to -$4.2 million in 2025.
  • Business Quant data shows HUIZ's Research & Development at -$4.2 million in Q4 2025, -$2.2 million in Q2 2025, and -$1.9 million in Q1 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Marsh & Mclennan Companies 79.42 Bn 67.92 Bn 5.88 Bn -
2 Aon 69.98 Bn 68.59 Bn - 144.00 Mn
3 Arthur J. Gallagher 55.55 Bn 54.17 Bn - -
4 Willis Towers Watson 24.71 Bn 22.93 Bn 1.98 Bn -
5 Brown & Brown 19.80 Bn 18.82 Bn 1.61 Bn -
6 XChange TEC.INC 6.75 Bn 6.75 Bn - -
7 Neptune Insurance Holdings 4.00 Bn 3.99 Bn - -
8 Corvel 2.98 Bn 2.64 Bn 54.92 Mn -
9 Accelerant Holdings 2.93 Bn 1.42 Bn 48.00 Mn -
10 Huize Holding 189.24 Mn 156.37 Mn 34.76 Mn -4.18 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -4.18 Mn
Jun 30, 2025 -2.23 Mn
Mar 31, 2025 -1.86 Mn
Dec 31, 2024 -2.18 Mn
Sep 30, 2024 -2.00 Mn
Jun 30, 2024 -2.49 Mn
Mar 31, 2024 -1.99 Mn
Dec 31, 2023 -2.43 Mn
Sep 30, 2023 -1.96 Mn
Jun 30, 2023 -3.03 Mn
Mar 31, 2023 -2.67 Mn
Dec 31, 2022 -2.45 Mn
Sep 30, 2022 -2.30 Mn
Jun 30, 2022 -3.63 Mn
Mar 31, 2022 -3.68 Mn
Dec 31, 2021 -7.23 Mn
Sep 30, 2021 -4.63 Mn
Jun 30, 2021 -3.99 Mn
Mar 31, 2021 -2.87 Mn
Dec 31, 2020 -2.43 Mn