Zoomcar Holdings (ZCAR) Research & Development (2022 - 2026)
Zoomcar Holdings (ZCAR) posted Research & Development of $504,596 for fiscal Q1 2027 (quarter ended Jun 30, 2026), down 28.9% from $709,331 a year earlier and down 6.1% from the prior quarter.
Zoomcar Holdings (ZCAR) Research & Development (2022 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Research & Development at Zoomcar Holdings was $2.45 million, down 11.6% year-over-year; for FY2026 (ended Mar 31, 2026), it came in at $2.66 million, down 10.5% from FY2025.
- Annual Research & Development has declined for three consecutive fiscal years, with a four-year compound annual growth rate of -9.4% (FY2022 to FY2026).
- In prior fiscal years, Zoomcar Holdings' Research & Development was $2.97 million in FY2025 (-31.8%), $4.35 million in FY2024 (-16.0%), $5.18 million in FY2023 and $3.94 million in FY2022.
- The fiscal Q1 2027 figure stands as the lowest quarterly Research & Development in data going back to fiscal Q1 2024.
- On a year-over-year basis, Research & Development has declined in each of the last nine quarters, with an average decline of 19.9% over the last eight quarters.
- Over the past five years, the year-over-year decline in Research & Development ranged from 0.7% (fiscal Q2 2026) to 40.6% (fiscal Q3 2025).
- According to Business Quant data, Research & Development for the three prior fiscal quarters was $537,596 (Q4 2026), $678,553 (Q3 2026) and $730,090 (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,126.42 Bn | 3,883.94 Bn | 73.85 Bn | 18.22 Bn |
| 2 | Meta Platforms | 1,763.57 Bn | 1,466.09 Bn | 49.47 Bn | 21.66 Bn |
| 3 | Netflix | 287.17 Bn | 247.37 Bn | 6.52 Bn | 1.01 Bn |
| 4 | Alibaba Group Holding | 252.08 Bn | 65.86 Bn | 15.11 Bn | -3.32 Bn |
| 5 | Shopify | 224.54 Bn | 201.72 Bn | 1.71 Bn | 445.00 Mn |
| 6 | Uber Technologies | 140.28 Bn | 112.08 Bn | 6.38 Bn | 1.04 Bn |
| 7 | Booking Holdings | 125.81 Bn | 58.86 Bn | - | - |
| 8 | PDD Holdings | 114.10 Bn | -129.68 Bn | 9.45 Bn | -673.00 Mn |
| 9 | Spotify Technology | 108.24 Bn | 65.74 Bn | 1.86 Bn | 468.43 Mn |
| 10 | Zoomcar Holdings | 337,147.78 | -774,411.22 | 1.54 Mn | 504,596.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 504,596.00 |
| Mar 31, 2026 | 537,596.00 |
| Dec 31, 2025 | 678,553.00 |
| Sep 30, 2025 | 730,090.00 |
| Jun 30, 2025 | 709,331.00 |
| Mar 31, 2025 | 579,643.00 |
| Dec 31, 2024 | 749,287.00 |
| Sep 30, 2024 | 734,920.00 |
| Jun 30, 2024 | 901,781.00 |
| Mar 31, 2024 | 837,909.00 |
| Dec 31, 2023 | 1.26 Mn |
| Sep 30, 2023 | 919,859.00 |
| Jun 30, 2023 | 1.33 Mn |
| Dec 31, 2022 | 1.55 Mn |
Zoomcar Holdings 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=ZCAR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "ZCAR", "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=ZCAR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();