Huya (HUYA) Research & Development (2017 - 2026)

Huya's (HUYA) quarterly Research & Development came in at -$12.8 million in Q1 2026, down 52.64% year-on-year from -$27.0 million in Q1 2025, and down 14.37% quarter-over-quarter from -$11.2 million in Q4 2025.

Huya (HUYA) Research & Development (2017 - 2026) Analysis & Trends

Huya's Research & Development history runs 10 years deep, the most recent figure standing at -$12.8 million for Q1 2026.

  • On a quarterly basis, Research & Development fell 52.64% year-over-year to -$12.8 million in Q1 2026; TTM through Mar 2026 was -$41.8 million, a 178.75% decrease from a year earlier, with the FY2025 full-year figure at $71.0 million, up 1.13% from the prior year.
  • Research & Development retreated to -$12.8 million in Q1 2026 per HUYA's latest filing, from -$11.2 million in the prior quarter.
  • Across five years, Research & Development topped out at $10.4 million in Q3 2024 and bottomed at -$22.9 million in Q1 2022.
  • The 5-year median for Research & Development is -$12.8 million (2026), against an average of -$11.5 million.
  • Across the five-year window, Research & Development soared 180.33% in 2024 and plunged 194.25% in 2025, its largest moves.
  • Year by year, Research & Development stood at -$16.4 million in 2022, then climbed by 2.78% to -$16.0 million in 2023, then jumped by 46.11% to -$8.6 million in 2024, then slipped by 29.76% to -$11.2 million in 2025, then retreated by 14.37% to -$12.8 million in 2026.
  • Per Business Quant, the three latest HUYA Research & Development figures stand at -$12.8 million (Q1 2026), -$11.2 million (Q4 2025), and -$9.8 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Netflix 286.85 Bn 277.73 Bn 6.52 Bn 823.84 Mn
2 Walt Disney 176.45 Bn 177.38 Bn 10.75 Bn -
3 Warner Bros. Discovery 71.03 Bn 68.89 Bn 4.25 Bn -
4 Live Nation Entertainment 40.94 Bn 32.48 Bn 1.31 Bn -
5 Liberty Media 29.72 Bn 29.06 Bn 298.00 Mn -
6 Roku 20.90 Bn 18.52 Bn 564.94 Mn 221.22 Mn
7 TKO Group Holdings 20.86 Bn 19.17 Bn 862.52 Mn -
8 Fox 20.85 Bn 17.36 Bn - -
9 News 16.48 Bn 15.01 Bn - -
10 Huya 549.22 Mn 549.22 Mn 36.70 Mn -12.77 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -12.77 Mn
Dec 31, 2025 -11.16 Mn
Sep 30, 2025 -9.85 Mn
Jun 30, 2025 -8.05 Mn
Mar 31, 2025 -8.36 Mn
Dec 31, 2024 -8.60 Mn
Sep 30, 2024 10.45 Mn
Jun 30, 2024 -8.49 Mn
Mar 31, 2024 -10.56 Mn
Dec 31, 2023 -15.96 Mn
Sep 30, 2023 -13.01 Mn
Jun 30, 2023 -14.68 Mn
Mar 31, 2023 -13.29 Mn
Dec 31, 2022 -16.42 Mn
Sep 30, 2022 -17.47 Mn
Jun 30, 2022 -14.97 Mn
Mar 31, 2022 -22.88 Mn
Dec 31, 2021 -34.28 Mn
Sep 30, 2021 -35.60 Mn
Jun 30, 2021 -25.87 Mn