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

Huya (HUYA) recorded quarterly Research & Development of -$19.1 million in Q1 2026, down 8.51% quarter-over-quarter from -$17.6 million in Q4 2025, and down 6.98% on a YoY basis from -$20.5 million in Q1 2025.

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

Huya's Research & Development history runs 10 years deep, the most recent figure standing at -$19.1 million for Q1 2026.

  • In Q1 2026, Research & Development fell 6.98% year-over-year to -$19.1 million; the TTM figure through Mar 2026 stood at -$70.9 million (down 105.01% YoY), while the FY2025 annual figure was $71.0 million, up 1.13% from the prior year.
  • Research & Development was -$19.1 million for Q1 2026 at Huya, down from -$17.6 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $17.9 million in Q3 2024 to a low of -$31.0 million in Q1 2022.
  • Historically, Research & Development has averaged -$18.0 million across 5 years, with a median of -$19.1 million in 2026.
  • The sharpest annual moves came in 2024 and 2025: Research & Development soared 192.03% in 2024, then slumped 195.77% in 2025.
  • A 5-year view of Research & Development shows it stood at -$20.9 million in 2022, then increased by 7.54% to -$19.3 million in 2023, then grew by 12.45% to -$16.9 million in 2024, then slipped by 4.16% to -$17.6 million in 2025, then decreased 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 327.69 Bn 315.40 Bn 11.41 Bn 959.70 Mn
2 Walt Disney 184.70 Bn 191.31 Bn 23.68 Bn -
3 Warner Bros. Discovery 65.23 Bn 63.09 Bn 4.25 Bn -
4 Brera Holdings 53.07 Bn 53.07 Bn - -
5 Live Nation Entertainment 39.71 Bn 31.25 Bn 1.31 Bn -
6 Liberty Media 21.13 Bn 21.80 Bn 298.00 Mn -
7 Fox 20.41 Bn 16.92 Bn - -
8 Roku 20.39 Bn 18.01 Bn 564.94 Mn 189.49 Mn
9 News 15.92 Bn 14.45 Bn - -
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