Yuanbao (YB) Research & Development (2024 - 2026)
Yuanbao (YB) posted Research & Development of $15.4 million for Q1 2026, down 3.51% on a QoQ basis from $16.0 million in Q4 2025, and up 47.0% year-over-year from $10.5 million in Q1 2025.
Yuanbao (YB) Research & Development (2024 - 2026) Analysis & Trends
Yuanbao's Research & Development history runs 3 years deep, the most recent figure standing at $15.4 million for Q1 2026.
- Quarterly Research & Development rose 47.0% year-over-year to $15.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $56.2 million (up 441.59% YoY) and the FY2025 annual result came in at $52.2 million, down 79.04% from the prior year.
- Research & Development was $15.4 million for Q1 2026 at Yuanbao, down from $16.0 million in the prior quarter.
- Across five years, Research & Development topped out at $16.0 million in Q4 2025 and bottomed at -$11.2 million in Q4 2024.
- A 3-year average of $3.8 million and a median of $10.5 million in 2025 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2025 — Research & Development soared 301.52% — and 2026, when it surged 47.0%.
- Yuanbao's Research & Development stood at -$11.2 million in 2024, then soared by 242.88% to $16.0 million in 2025, then declined by 3.51% to $15.4 million in 2026.
- Business Quant data shows YB's Research & Development at $15.4 million in Q1 2026, $16.0 million in Q4 2025, and $13.4 million in Q3 2025.
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 | Yuanbao | 3.63 Bn | 3.45 Bn | - | 15.42 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 15.42 Mn |
| Dec 31, 2025 | 15.98 Mn |
| Sep 30, 2025 | 13.42 Mn |
| Jun 30, 2025 | 11.41 Mn |
| Mar 31, 2025 | 10.49 Mn |
| Dec 31, 2024 | -11.18 Mn |
| Sep 30, 2024 | -8.50 Mn |
| Jun 30, 2024 | -7.26 Mn |
| Mar 31, 2024 | -5.20 Mn |