Quhuo (QH) Research & Development (2019 - 2025)
Quhuo (QH) posted quarterly Research & Development of -$504000.0 for Q4 2025, down 163.96% year-over-year from $788000.0 in Q4 2024, and down 163.96% quarter-over-quarter from $788000.0 in Q4 2024.
Quhuo (QH) Research & Development (2019 - 2025) Analysis & Trends
Quhuo (QH) has reported Research & Development for 7 consecutive years, with -$504000.0 the latest figure, recorded in Q4 2025.
- In Q4 2025, Research & Development fell 163.96% year-over-year to -$504000.0; the TTM figure through Dec 2025 stood at -$1.3 million (up 48.09% YoY), while the FY2025 annual figure was -$1.0 million, down 169.42% from the prior year.
- Research & Development retreated to -$504000.0 in Q4 2025 per QH's latest filing, from $788000.0 in the prior quarter.
- Across five years, Research & Development topped out at $788000.0 in Q4 2024 and bottomed at -$1.7 million in Q4 2021.
- Historically, Research & Development has averaged -$675909.7 across 5 years, with a median of -$749500.0 in 2021.
- Annual changes were most pronounced in 2024 — Research & Development surged 197.65% — and 2025, when it sank 163.96%.
- Quhuo's Research & Development stood at -$1.7 million in 2021, then jumped by 54.42% to -$780000.0 in 2022, then fell by 3.46% to -$807000.0 in 2023, then soared by 197.65% to $788000.0 in 2024, then tumbled by 163.96% to -$504000.0 in 2025.
- Business Quant data shows QH's Research & Development at -$504000.0 in Q4 2025, $788000.0 in Q4 2024, and -$807000.0 in Q4 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -4.12 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 498.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 3.77 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 1.52 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 1.37 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 588.95 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 265.90 Mn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 1.88 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 1.79 Bn |
| 10 | Quhuo | 222,602.88 | -236.16 Mn | 1.19 Mn | -504,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -504,000.00 |
| Dec 31, 2024 | 788,000.00 |
| Dec 31, 2023 | -807,000.00 |
| Dec 31, 2022 | -780,000.00 |
| Dec 31, 2021 | -1.71 Mn |
| Sep 30, 2021 | -982,000.00 |
| Jun 30, 2021 | -692,000.00 |
| Mar 31, 2021 | -719,000.00 |
| Dec 31, 2020 | -728,000.00 |
| Sep 30, 2020 | -446,000.00 |
| Jun 30, 2020 | -387,000.00 |
| Mar 31, 2020 | -370,398.82 |
| Dec 31, 2019 | -451,322.73 |
| Sep 30, 2019 | -307,308.21 |
| Jun 30, 2019 | -400,827.29 |