Hello (MOMO) Research & Development (2013 - 2025)
Hello (MOMO) posted Research & Development of -$31.0 million for Q4 2025, down 20.29% sequentially from -$25.7 million in Q3 2025, and down 1.5% YoY from -$31.4 million in Q4 2024.
Hello (MOMO) Research & Development (2013 - 2025) Analysis & Trends
Hello has reported Research & Development for 13 years, with the latest figure at -$31.0 million in Q4 2025.
- Quarterly Research & Development fell 1.5% year-over-year to -$31.0 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$109.4 million (up 2.09% YoY) and the FY2025 annual result came in at $195.7 million, up 7.43% from the prior year.
- Research & Development slipped to -$31.0 million in Q4 2025 per MOMO's latest filing, from -$25.7 million in the prior quarter.
- Over five years, Research & Development peaked at -$25.7 million in Q2 2025 and troughed at -$49.6 million in Q4 2021.
- A 5-year average of -$33.5 million and a median of -$31.8 million in 2023 frame the typical range for Research & Development.
- The sharpest annual moves came in 2021 and 2024: Research & Development slipped 18.1% in 2021, then advanced 22.8% in 2024.
- Over 5 years, Research & Development stood at -$49.6 million in 2021, then increased by 20.28% to -$39.5 million in 2022, then increased by 17.54% to -$32.6 million in 2023, then grew by 6.41% to -$30.5 million in 2024, then retreated by 1.5% to -$31.0 million in 2025.
- According to Business Quant data, Research & Development over the past three periods registered -$31.0 million, -$25.7 million, and -$25.7 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,165.61 Bn | 3,736.57 Bn | 73.85 Bn | 18.22 Bn |
| 2 | Meta Platforms | 1,523.46 Bn | 1,433.20 Bn | 49.47 Bn | 21.66 Bn |
| 3 | Taboola.com | 1,141.85 Bn | 1,141.71 Bn | 139.48 Mn | 67.16 Mn |
| 4 | Baidu | 288.34 Bn | 283.85 Bn | 1.88 Mn | 635.00 Mn |
| 5 | Spotify Technology | 103.44 Bn | 93.20 Bn | 1.75 Bn | 387.52 Mn |
| 6 | Joyy | 77.39 Bn | 76.50 Bn | 205.64 Mn | -61.54 Mn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | - |
| 8 | Nebius | 50.20 Bn | 40.57 Bn | 295.20 Mn | 67.40 Mn |
| 9 | 30.00 Bn | 27.22 Bn | 734.60 Mn | 231.28 Mn | |
| 10 | Hello | 1.94 Bn | 747.09 Mn | 137.89 Mn | -30.97 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -30.97 Mn |
| Sep 30, 2025 | -25.74 Mn |
| Jun 30, 2025 | -25.67 Mn |
| Mar 31, 2025 | -26.98 Mn |
| Dec 31, 2024 | -30.51 Mn |
| Sep 30, 2024 | -27.98 Mn |
| Jun 30, 2024 | -26.58 Mn |
| Mar 31, 2024 | -26.62 Mn |
| Dec 31, 2023 | -32.60 Mn |
| Sep 30, 2023 | -27.64 Mn |
| Jun 30, 2023 | -29.60 Mn |
| Mar 31, 2023 | -34.48 Mn |
| Dec 31, 2022 | -39.53 Mn |
| Sep 30, 2022 | -34.46 Mn |
| Jun 30, 2022 | -35.57 Mn |
| Mar 31, 2022 | -39.47 Mn |
| Dec 31, 2021 | -49.59 Mn |
| Sep 30, 2021 | -40.50 Mn |
| Jun 30, 2021 | -41.56 Mn |
| Mar 31, 2021 | -43.73 Mn |