Huya (HUYA) Research & Development (2017 - 2026)
Huya (HUYA) posted Research & Development of -$17.8 million for Q2 2026, up 7.03% on a QoQ basis from -$19.1 million in Q1 2026, and down 4.11% year-over-year from -$18.5 million in Q2 2025.
Analysis
Huya (HUYA) Research & Development (2017 - 2026) Analysis & Trends
Huya has reported Research & Development for 10 years, with the latest figure at -$17.8 million in Q2 2026.
- On a quarterly basis, Research & Development fell 4.11% year-over-year to -$17.8 million in Q2 2026; TTM through Jun 2026 was -$71.6 million, a 111.06% decrease from a year earlier, with the FY2025 full-year figure at -$7600.0, up 9.52% from the prior year.
- Research & Development was -$17.8 million for Q2 2026 at Huya, up from -$19.1 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 -$18.9 million recorded in 2024.
- The sharpest annual moves came in 2024 and 2025: Research & Development jumped 192.03% in 2024, then sank 195.77% in 2025.
- Over 5 years, Research & Development 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 decreased by 0.89% to -$17.8 million in 2026.
- The last three Research & Development figures came in at -$17.8 million (Q2 2026), -$19.1 million (Q1 2026), and -$17.6 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 321.15 Bn | 312.02 Bn | 6.52 Bn | 1.01 Bn |
| 2 | Spotify Technology | 108.56 Bn | 97.65 Bn | 1.86 Bn | 468.43 Mn |
| 3 | Tencent Music Entertainment | 12.38 Bn | 8.87 Bn | 582.00 Mn | -35.00 Mn |
| 4 | Huya | 485.14 Mn | 124.88 Mn | 37.58 Mn | -17.75 Mn |
| 5 | iQIYI | 427.67 Mn | -43.23 Mn | 152.37 Mn | -58.45 Mn |
| 6 | FuboTV | 324.08 Mn | -128.33 Mn | 399.10 Mn | -49.52 Mn |
| 7 | Kaltura | 221.37 Mn | 190.08 Mn | 34.54 Mn | 12.84 Mn |
| 8 | CuriosityStream | 157.45 Mn | 109.05 Mn | 16.93 Mn | - |
| 9 | Cineverse | 47.34 Mn | 43.02 Mn | 10.66 Mn | - |
| 10 | LiveOne | 46.60 Mn | 37.94 Mn | 3.94 Mn | 974,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -17.75 Mn |
| 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 |