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
DateValue
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