Quhuo (QH) Research & Development (2019 - 2025)

Quhuo's (QH) quarterly Research & Development came in at -$504000.0 in Q4 2025, down 163.96% year-on-year from $788000.0 in Q4 2024, and down 163.96% on a QoQ basis from $788000.0 in Q4 2024.

Quhuo (QH) Research & Development (2019 - 2025) Analysis & Trends

Quhuo (QH) has 7 years of Research & Development data on file, last reported at -$504000.0 in Q4 2025.

  • On a quarterly basis, Research & Development fell 163.96% year-over-year to -$504000.0 in Q4 2025; TTM through Dec 2025 was -$1.3 million, a 48.09% increase from a year earlier, with the FY2025 full-year figure at -$1.0 million, down 169.42% from the prior year.
  • Research & Development for Q4 2025 stood at -$504000.0, down from $788000.0 in the prior quarter.
  • Over the last five years, Research & Development for QH reached as high as $788000.0 in Q4 2024 and fell as low as -$1.7 million in Q4 2021.
  • Historically, Research & Development has averaged -$675909.7 across 5 years, with a median of -$749500.0 in 2021.
  • Across the five-year window, Research & Development soared 197.65% in 2024 and tumbled 163.96% in 2025, its largest moves.
  • Year by year, Research & Development stood at -$1.7 million in 2021, then soared by 54.42% to -$780000.0 in 2022, then decreased by 3.46% to -$807000.0 in 2023, then surged by 197.65% to $788000.0 in 2024, then tumbled by 163.96% to -$504000.0 in 2025.
  • Per Business Quant data, the three most recent Research & Development figures were -$504000.0 in Q4 2025, $788000.0 in Q4 2024, and -$807000.0 in Q4 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -1.99 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -37.02 Mn
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 496.00 Mn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 1.33 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 3.77 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 1.37 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 253.90 Mn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 588.95 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 508.44 Mn
10 Quhuo 19.18 Mn -217.20 Mn 1.19 Mn -504,000.00

Historic Data

Download Data
DateValue
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