17 Education & Technology (YQ) Research & Development (2019 - 2026)
17 Education & Technology (YQ) posted quarterly Research & Development of -$2.3 million for Q1 2026, down 35.27% year-over-year from -$3.6 million in Q1 2025, and down 0.51% quarter-over-quarter from -$2.3 million in Q4 2025.
17 Education & Technology (YQ) Research & Development (2019 - 2026) Analysis & Trends
17 Education & Technology's Research & Development history runs 8 years deep, the most recent figure standing at -$2.3 million for Q1 2026.
- In Q1 2026, Research & Development fell 35.27% year-over-year to -$2.3 million; the TTM figure through Mar 2026 stood at -$8.5 million (up 6.29% YoY), while the FY2025 annual figure was $8.0 million, down 18.57% from the prior year.
- Research & Development for Q1 2026 stood at -$2.3 million, down from -$2.3 million in the prior quarter.
- The five-year high for Research & Development was -$1.7 million in Q2 2025, with the low at -$15.4 million in Q1 2022.
- The 5-year median for Research & Development is -$3.2 million (2024), against an average of -$4.7 million.
- The sharpest annual moves came in 2022 and 2026: Research & Development soared 85.0% in 2022, then plunged 35.27% in 2026.
- 17 Education & Technology's Research & Development stood at -$7.5 million in 2022, then grew by 23.23% to -$5.8 million in 2023, then surged by 59.67% to -$2.3 million in 2024, then fell by 0.43% to -$2.3 million in 2025, then decreased by 0.51% to -$2.3 million in 2026.
- Business Quant data shows YQ's Research & Development at -$2.3 million in Q1 2026, -$2.3 million in Q4 2025, and -$2.1 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 84.71 Bn | 82.71 Bn | 812.22 Mn | 262.52 Mn |
| 2 | 51Talk Online Education | 7.32 Bn | 7.28 Bn | 22.97 Mn | -1.93 Mn |
| 3 | Laureate Education | 5.21 Bn | 5.05 Bn | 237.67 Mn | - |
| 4 | Graham Holdings | 4.98 Bn | 3.74 Bn | 777.03 Mn | - |
| 5 | Covista | 4.66 Bn | 4.66 Bn | 284.63 Mn | - |
| 6 | Grand Canyon Education | 3.78 Bn | 3.50 Bn | 204.08 Mn | - |
| 7 | Stride | 3.50 Bn | 2.55 Bn | 217.28 Mn | - |
| 8 | McGraw Hill | 2.38 Bn | 2.13 Bn | 388.89 Mn | - |
| 9 | TAL Education | 2.28 Bn | -401.26 Mn | 227.32 Mn | 125.95 Mn |
| 10 | 17 Education & Technology | 1.22 Bn | 1.19 Bn | 8.93 Mn | -2.35 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.35 Mn |
| Dec 31, 2025 | -2.34 Mn |
| Sep 30, 2025 | -2.14 Mn |
| Jun 30, 2025 | -1.68 Mn |
| Mar 31, 2025 | -1.74 Mn |
| Dec 31, 2024 | -2.33 Mn |
| Sep 30, 2024 | -1.82 Mn |
| Jun 30, 2024 | -3.19 Mn |
| Mar 31, 2024 | -2.64 Mn |
| Dec 31, 2023 | -5.77 Mn |
| Sep 30, 2023 | -6.30 Mn |
| Jun 30, 2023 | -5.07 Mn |
| Mar 31, 2023 | -6.45 Mn |
| Dec 31, 2022 | -7.51 Mn |
| Sep 30, 2022 | -7.15 Mn |
| Jun 30, 2022 | -5.33 Mn |
| Mar 31, 2022 | -15.38 Mn |
| Dec 31, 2021 | -25.03 Mn |
| Sep 30, 2021 | -31.22 Mn |
| Jun 30, 2021 | -35.55 Mn |