Hello (MOMO) Research & Development (2013 - 2025)

Hello has disclosed Research & Development across 13 years of filings, most recently posting -$31.0 million for Q4 2025.

• Research & Development for Q4 2025 came in at -$31.0 million, down 1.5% year-over-year; the trailing twelve-month figure through Dec 2025 was -$109.4 million (up 2.09% YoY), and the FY2025 annual result was $111.5 million, up 1.14% from the prior year.
• Research & Development came in at -$31.0 million for Q4 2025 at Hello, down from -$25.7 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of -$25.7 million in Q2 2025 to a low of -$49.6 million in Q4 2021.
• The 5-year median for Research & Development is -$31.8 million (2023), against an average of -$33.5 million.
• Across the five-year window, Research & Development retreated 18.1% in 2021 and rose 22.8% in 2024, its largest moves.
• Hello's Research & Development stood at -$49.6 million in 2021, then climbed by 20.28% to -$39.5 million in 2022, then climbed by 17.54% to -$32.6 million in 2023, then advanced by 6.41% to -$30.5 million in 2024, then declined by 1.5% to -$31.0 million in 2025.
• The last three Research & Development figures came in at -$31.0 million (Q4 2025), -$25.7 million (Q3 2025), and -$25.7 million (Q2 2025), per Business Quant data.