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| Date | Value |
|---|---|
| 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 |