17 Education & Technology (YQ) Research & Development (2019 - 2025)
17 Education & Technology (YQ) recorded quarterly Research & Development of -$2.3 million in Q4 2025, down 9.01% quarter-over-quarter from -$2.1 million in Q3 2025, and little changed on a YoY basis from -$2.3 million in Q4 2024.
17 Education & Technology (YQ) Research & Development (2019 - 2025) Analysis & Trends
17 Education & Technology's Research & Development history runs 7 years deep, the most recent figure standing at -$2.3 million for Q4 2025.
- In Q4 2025, Research & Development changed 0.43% year-over-year to -$2.3 million; the TTM figure through Dec 2025 stood at -$7.9 million (up 20.95% YoY), while the FY2025 annual figure was $8.0 million, down 18.57% from the prior year.
- Research & Development was -$2.3 million for Q4 2025 at 17 Education & Technology, down from -$2.1 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of -$1.7 million in Q2 2025 to a low of -$35.6 million in Q2 2021.
- Historically, Research & Development has averaged -$10.0 million across 5 years, with a median of -$5.5 million in 2022.
- The sharpest annual moves came in 2021 and 2022: Research & Development slumped 84.67% in 2021, then jumped 85.0% in 2022.
- A 5-year view of Research & Development shows it stood at -$25.0 million in 2021, then soared by 70.0% to -$7.5 million in 2022, then increased by 23.23% to -$5.8 million in 2023, then soared by 59.67% to -$2.3 million in 2024, then retreated by 0.43% to -$2.3 million in 2025.
- The last three Research & Development figures came in at -$2.3 million (Q4 2025), -$2.1 million (Q3 2025), and -$1.7 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 7.64 Bn | 7.60 Bn | 22.18 Mn | -1.61 Mn |
| 2 | Graham Holdings | 4.92 Bn | 3.91 Bn | 841.00 Mn | - |
| 3 | Laureate Education | 4.86 Bn | 4.70 Bn | -16.39 Mn | - |
| 4 | Covista | 4.36 Bn | 4.35 Bn | 276.31 Mn | - |
| 5 | Stride | 4.16 Bn | 3.36 Bn | 231.57 Mn | - |
| 6 | Grand Canyon Education | 3.97 Bn | 3.72 Bn | 244.77 Mn | - |
| 7 | Universal Technical Institute | 2.35 Bn | 2.19 Bn | 103.97 Mn | - |
| 8 | Perdoceo Education | 2.13 Bn | 1.45 Bn | 174.68 Mn | - |
| 9 | Strategic Education | 1.76 Bn | 1.60 Bn | - | - |
| 10 | 17 Education & Technology | 169.55 Mn | 112.18 Mn | 2.57 Mn | -2.34 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | -32.04 Mn |