Growth Metrics

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

Huya's quarterly Research & Development came in at -$19.1 million in Q1 2026, down 6.98% year-on-year from -$20.5 million in Q1 2025, and down 8.51% quarter-over-quarter from -$17.6 million in Q4 2025.

Huya has reported Research & Development for 10 years, with the latest figure at -$19.1 million in Q1 2026.

  • For the quarter ending Q1 2026, Research & Development fell 6.98% year-over-year to -$19.1 million; the trailing twelve-month figure through Mar 2026 stood at -$70.9 million (down 105.01% YoY), and the FY2025 full-year result was $71.0 million, up 1.13% from the prior year.
  • Research & Development for Q1 2026 stood at -$19.1 million, down from -$17.6 million in the prior quarter.
  • The five-year high for Research & Development was $17.9 million in Q3 2024, with the low at -$31.0 million in Q1 2022.
  • Average Research & Development over 5 years is -$18.0 million, with a median of -$19.1 million recorded in 2026.
  • Year-over-year, Research & Development surged 192.03% in 2024 and slumped 195.77% in 2025.
  • Tracing HUYA's Research & Development over 5 years: stood at -$20.9 million in 2022, then rose by 7.54% to -$19.3 million in 2023, then increased by 12.45% to -$16.9 million in 2024, then dropped by 4.16% to -$17.6 million in 2025, then slipped by 8.51% to -$19.1 million in 2026.
  • The last three Research & Development figures came in at -$19.1 million (Q1 2026), -$17.6 million (Q4 2025), and -$17.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Netflix 362.63 Bn 350.34 Bn 11.41 Bn 959.70 Mn
2 Walt Disney 181.67 Bn 188.27 Bn 23.68 Bn -
3 Warner Bros. Discovery 67.91 Bn 65.77 Bn 4.25 Bn -
4 Live Nation Entertainment 39.56 Bn 31.10 Bn 1.31 Bn -
5 Fox 26.01 Bn 22.51 Bn - -
6 Liberty Media 21.20 Bn 21.87 Bn 298.00 Mn -
7 Roku 19.03 Bn 16.65 Bn 564.94 Mn 189.49 Mn
8 News 16.98 Bn 15.50 Bn - -
9 TKO Group Holdings 16.11 Bn 14.42 Bn 862.52 Mn -
10 Huya 97.44 Mn -1.92 Mn 36.70 Mn -19.09 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 -19.09 Mn
Dec 31, 2025 -17.60 Mn
Sep 30, 2025 -17.13 Mn
Jun 30, 2025 -17.05 Mn
Mar 31, 2025 -17.85 Mn
Dec 31, 2024 -16.89 Mn
Sep 30, 2024 17.89 Mn
Jun 30, 2024 -17.71 Mn
Mar 31, 2024 -18.71 Mn
Dec 31, 2023 -19.30 Mn
Sep 30, 2023 -19.43 Mn
Jun 30, 2023 -19.91 Mn
Mar 31, 2023 -22.20 Mn
Dec 31, 2022 -20.87 Mn
Sep 30, 2022 -24.15 Mn
Jun 30, 2022 -25.14 Mn
Mar 31, 2022 -30.96 Mn
Dec 31, 2021 -32.28 Mn
Sep 30, 2021 -32.00 Mn
Jun 30, 2021 -32.20 Mn
Mar 31, 2021 -30.38 Mn
Dec 31, 2020 -33.05 Mn
Sep 30, 2020 -26.91 Mn
Jun 30, 2020 -25.46 Mn
Mar 31, 2020 -22.04 Mn
Dec 31, 2019 -25.61 Mn
Sep 30, 2019 -18.88 Mn
Jun 30, 2019 -15.36 Mn
Mar 31, 2019 -13.42 Mn
Dec 31, 2018 -11.51 Mn
Sep 30, 2018 -10.87 Mn
Jun 30, 2018 -9.06 Mn
Mar 31, 2018 -8.20 Mn
Dec 31, 2017 -6.61 Mn
Sep 30, 2017 -7.33 Mn
Mar 31, 2017 -6.16 Mn