Yunji (YJ) Research & Development (2018 - 2025)
Yunji (YJ) posted Research & Development of -$7.5 million for Q4 2025, down 82.05% on a QoQ basis from -$4.1 million in Q4 2024, and down 82.05% year-over-year from -$41.9 million in Q4 2024.
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Analysis
Yunji (YJ) Research & Development (2018 - 2025) Analysis & Trends
Yunji has reported Research & Development for 8 years, with the latest figure at -$7.5 million in Q4 2025.
- On a quarterly basis, Research & Development fell 82.05% year-over-year to -$7.5 million in Q4 2025; TTM through Dec 2025 was -$17.4 million, a 29.4% decrease from a year earlier, with the FY2025 full-year figure at -$14.7 million, down 10.57% from the prior year.
- Research & Development was -$7.5 million for Q4 2025 at Yunji, down from -$4.1 million in the prior quarter.
- The five-year high for Research & Development was -$2.8 million in Q3 2024, with the low at -$14.7 million in Q1 2021.
- Average Research & Development over 5 years is -$6.8 million, with a median of -$6.6 million recorded in 2022.
- The sharpest annual moves came in 2021 and 2025: Research & Development jumped 70.54% in 2021, then plunged 82.05% in 2025.
- Over 5 years, Research & Development stood at -$12.3 million in 2021, then soared by 30.54% to -$8.5 million in 2022, then surged by 53.07% to -$4.0 million in 2023, then fell by 3.07% to -$4.1 million in 2024, then slumped by 82.05% to -$7.5 million in 2025.
- The last three Research & Development figures came in at -$7.5 million (Q4 2025), -$4.1 million (Q4 2024), and -$2.8 million (Q3 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,735.76 Bn | 2,612.77 Bn | 198.88 Bn | 62.73 Bn |
| 2 | JD.com | 32.66 Bn | 9.40 Bn | 16.50 Bn | -2.09 Bn |
| 3 | Coupang | 25.61 Bn | 19.50 Bn | 2.49 Bn | - |
| 4 | Wayfair | 13.93 Bn | 12.79 Bn | 1.05 Bn | - |
| 5 | GigaCloud Technology | 3.80 Bn | 3.42 Bn | 105.56 Mn | 36.18 Mn |
| 6 | Pattern | 3.04 Bn | 2.69 Bn | 384.36 Mn | 170.80 Mn |
| 7 | Yunji | 1.88 Bn | 1.86 Bn | - | - |
| 8 | Revolve | 1.47 Bn | 1.13 Bn | 196.67 Mn | - |
| 9 | ATRenew | 632.36 Mn | 371.23 Mn | -705.59 Mn | -11.38 Mn |
| 10 | Stitch Fix | 398.30 Mn | 211.49 Mn | 148.84 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -7.53 Mn |
| Dec 31, 2024 | -4.13 Mn |
| Sep 30, 2024 | -2.75 Mn |
| Jun 30, 2024 | -2.98 Mn |
| Mar 31, 2024 | -3.57 Mn |
| Dec 31, 2023 | -4.01 Mn |
| Sep 30, 2023 | -4.06 Mn |
| Jun 30, 2023 | -4.60 Mn |
| Mar 31, 2023 | -4.31 Mn |
| Dec 31, 2022 | -8.55 Mn |
| Sep 30, 2022 | -6.61 Mn |
| Jun 30, 2022 | -8.69 Mn |
| Mar 31, 2022 | -7.99 Mn |
| Dec 31, 2021 | -12.30 Mn |
| Sep 30, 2021 | -9.29 Mn |
| Jun 30, 2021 | -9.52 Mn |
| Mar 31, 2021 | -14.70 Mn |
| Dec 31, 2020 | -25.63 Mn |
| Sep 30, 2020 | -23.40 Mn |
| Jun 30, 2020 | -32.32 Mn |
API Access
Yunji Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=YJ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "YJ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=YJ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();