LightInTheBox Holding LITB
NYSE LITB
$2.96 -0.07 (-2.15%)
As of: Sep 1, 2026 · 3:59 PM EDT

LightInTheBox Holding (LITB) Research & Development (2012 - 2026)

LightInTheBox Holding (LITB) posted quarterly Research & Development of -$26.6 million for Q4 2025, down 15.04% year-over-year from -$31.3 million in Q4 2024, and down 1.82% quarter-over-quarter from -$26.1 million in Q3 2025.

Analysis

LightInTheBox Holding (LITB) Research & Development (2012 - 2026) Analysis & Trends

LightInTheBox Holding (LITB) has reported Research & Development for 14 consecutive years, with -$26.6 million the latest figure, recorded in Q4 2025.

  • In Q4 2025, Research & Development fell 15.04% year-over-year to -$26.6 million; the TTM figure through Dec 2025 stood at -$102.5 million (up 8.42% YoY), while the FY2025 annual figure was $102.5 million, down 8.42% from the prior year.
  • Research & Development fell to -$26.6 million in Q4 2025 per LITB's latest filing, from -$26.1 million in the prior quarter.
  • Across five years, Research & Development topped out at -$21.9 million in Q1 2025 and bottomed at -$94.0 million in Q2 2023.
  • Historically, Research & Development has averaged -$44.7 million across 5 years, with a median of -$37.3 million in 2021.
  • Annual changes were most pronounced in 2021 — Research & Development slumped 140.81% — and 2024, when it jumped 66.76%.
  • LightInTheBox Holding's Research & Development stood at -$41.1 million in 2021, then sank by 76.0% to -$72.3 million in 2022, then increased by 8.97% to -$65.8 million in 2023, then soared by 64.83% to -$23.1 million in 2024, then slipped by 15.04% to -$26.6 million in 2025.
  • Business Quant data shows LITB's Research & Development at -$26.6 million in Q4 2025, -$26.1 million in Q3 2025, and -$27.8 million in Q2 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Amazon Com 2,742.86 Bn 2,619.88 Bn 198.88 Bn 62.73 Bn
2 PDD Holdings 116.24 Bn -48,010.17 Bn 9.45 Bn -673.00 Mn
3 Mercadolibre 99.45 Bn 84.25 Bn 4.16 Bn 1.13 Bn
4 DoorDash 98.02 Bn 92.67 Bn 2.35 Bn 821.00 Mn
5 Sea 67.10 Bn 58.70 Bn 3.55 Bn -1.66 Bn
6 Ebay 46.73 Bn 43.42 Bn 2.30 Bn 697.00 Mn
7 JD.com 39.68 Bn 7.13 Bn 16.50 Bn -2.09 Bn
8 Coupang 28.45 Bn 22.34 Bn 2.49 Bn -
9 Wayfair 12.37 Bn 11.23 Bn 1.05 Bn -
10 LightInTheBox Holding 54.12 Mn 38.15 Mn 37.57 Mn -26.74 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -26.74 Mn
Mar 31, 2026 -24.59 Mn
Dec 31, 2025 -26.61 Mn
Sep 30, 2025 -26.14 Mn
Jun 30, 2025 -27.85 Mn
Mar 31, 2025 -21.90 Mn
Dec 31, 2024 -23.14 Mn
Sep 30, 2024 -24.52 Mn
Jun 30, 2024 -31.53 Mn
Mar 31, 2024 -32.74 Mn
Dec 31, 2023 -65.79 Mn
Sep 30, 2023 -73.76 Mn
Jun 30, 2023 -94.04 Mn
Mar 31, 2023 -69.11 Mn
Dec 31, 2022 -72.27 Mn
Sep 30, 2022 -53.10 Mn
Jun 30, 2022 -58.23 Mn
Mar 31, 2022 -39.03 Mn
Dec 31, 2021 -41.06 Mn
Sep 30, 2021 -33.99 Mn