Yunji (YJ) Research & Development (2018 - 2025)
Yunji (YJ) recorded quarterly Research & Development of -$1.9 million in Q4 2025, down 59.5% quarter-over-quarter from -$1.2 million in Q4 2024, and down 59.5% on a YoY basis from -$4.6 million in Q4 2024.
Yunji (YJ) Research & Development (2018 - 2025) Analysis & Trends
Yunji's Research & Development history runs 8 years deep, the most recent figure standing at -$1.9 million for Q4 2025.
- In Q4 2025, Research & Development fell 59.5% year-over-year to -$1.9 million; the TTM figure through Dec 2025 stood at -$6.4 million (changed 0.14% YoY), while the FY2025 annual figure was $4.0 million, down 35.29% from the prior year.
- Research & Development was -$1.9 million for Q4 2025 at Yunji, down from -$1.2 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of -$1.2 million in Q4 2024 to a low of -$5.7 million in Q1 2021.
- Historically, Research & Development has averaged -$2.8 million across 5 years, with a median of -$2.0 million in 2023.
- The sharpest annual moves came in 2023 and 2025: Research & Development jumped 48.95% in 2023, then sank 59.5% in 2025.
- A 5-year view of Research & Development shows it stood at -$4.1 million in 2021, then jumped by 40.59% to -$2.5 million in 2022, then surged by 31.18% to -$1.7 million in 2023, then jumped by 31.39% to -$1.2 million in 2024, then tumbled by 59.5% to -$1.9 million in 2025.
- The last three Research & Development figures came in at -$1.9 million (Q4 2025), -$1.2 million (Q4 2024), and -$1.7 million (Q3 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,551.03 Bn | 2,407.94 Bn | 171.21 Bn | 29.57 Bn |
| 2 | Mercadolibre | 82.72 Bn | 77.07 Bn | 3.86 Bn | 699.00 Mn |
| 3 | DoorDash | 72.09 Bn | 67.22 Bn | 2.04 Bn | 398.00 Mn |
| 4 | PDD Holdings | 62.92 Bn | 38.25 Bn | 12.81 Bn | -714.26 Mn |
| 5 | Ebay | 48.30 Bn | 44.44 Bn | 2.29 Bn | 450.00 Mn |
| 6 | Coupang | 34.44 Bn | 34.35 Bn | 2.30 Bn | - |
| 7 | Zkh | 14.36 Bn | 14.36 Bn | 285.30 Mn | -4.25 Mn |
| 8 | Wayfair | 10.72 Bn | 9.65 Bn | 880.00 Mn | - |
| 9 | Maplebear | 10.27 Bn | 9.58 Bn | 738.00 Mn | 164.00 Mn |
| 10 | Yunji | 413.94 Mn | 386.77 Mn | 15.17 Mn | -1.86 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -1.86 Mn |
| Dec 31, 2024 | -1.16 Mn |
| Sep 30, 2024 | -1.65 Mn |
| Jun 30, 2024 | -1.68 Mn |
| Mar 31, 2024 | -1.85 Mn |
| Dec 31, 2023 | -1.70 Mn |
| Sep 30, 2023 | -1.90 Mn |
| Jun 30, 2023 | -1.97 Mn |
| Mar 31, 2023 | -1.94 Mn |
| Dec 31, 2022 | -2.46 Mn |
| Sep 30, 2022 | -2.34 Mn |
| Jun 30, 2022 | -3.53 Mn |
| Mar 31, 2022 | -3.81 Mn |
| Dec 31, 2021 | -4.15 Mn |
| Sep 30, 2021 | -4.43 Mn |
| Jun 30, 2021 | -5.02 Mn |
| Mar 31, 2021 | -5.72 Mn |
| Dec 31, 2020 | -6.74 Mn |
| Sep 30, 2020 | -6.23 Mn |
| Jun 30, 2020 | -8.29 Mn |