Zepp Health (ZEPP) Research & Development (2016 - 2025)

Zepp Health (ZEPP) recorded quarterly Research & Development of -$11.0 million in Q4 2025, down 1.67% quarter-over-quarter from -$10.8 million in Q3 2025, and up 0.71% on a YoY basis from -$10.9 million in Q4 2024.

Zepp Health (ZEPP) Research & Development (2016 - 2025) Analysis & Trends

Zepp Health's Research & Development history runs 10 years deep, the most recent figure standing at -$11.0 million for Q4 2025.

  • In Q4 2025, Research & Development rose 0.71% year-over-year to -$11.0 million; the TTM figure through Dec 2025 stood at -$45.3 million (up 1.82% YoY), while the FY2025 annual figure was $45.3 million, down 1.82% from the prior year.
  • Research & Development was -$11.0 million for Q4 2025 at Zepp Health, down from -$10.8 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $23.2 million in Q1 2021 to a low of -$24.8 million in Q2 2021.
  • Historically, Research & Development has averaged -$12.6 million across 5 years, with a median of -$12.6 million in 2023.
  • The sharpest annual moves came in 2021 and 2023: Research & Development plunged 249.66% in 2021, then jumped 42.12% in 2023.
  • A 5-year view of Research & Development shows it stood at -$14.7 million in 2021, then fell by 12.65% to -$16.6 million in 2022, then surged by 32.9% to -$11.1 million in 2023, then rose by 0.57% to -$11.1 million in 2024, then rose by 0.71% to -$11.0 million in 2025.
  • The last three Research & Development figures came in at -$11.0 million (Q4 2025), -$10.8 million (Q3 2025), and -$11.2 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Apple 4,366.25 Bn 4,297.75 Bn 54.78 Bn 11.42 Bn
2 Sonos 1.75 Bn 1.50 Bn 124.65 Mn 64.13 Mn
3 Zepp Health 1.27 Bn 1.16 Bn 34.42 Mn -10.98 Mn
4 Turtle Beach 267.51 Mn 255.19 Mn 11.29 Mn 4.57 Mn
5 Vuzix 257.23 Mn 236.08 Mn 375,000.00 4.51 Mn
6 Sony 114.28 Mn -18.94 Bn 5.96 Bn -
7 UTime 53.53 Mn 52.80 Mn - -
8 Axil Brands 40.77 Mn 35.25 Mn 5.04 Mn -
9 Koss 37.77 Mn 18.91 Mn 1.00 Mn -
10 Foxx Development Holdings 20.59 Mn 17.40 Mn -1.45 Mn 1.09 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -10.98 Mn
Sep 30, 2025 -10.80 Mn
Jun 30, 2025 -11.16 Mn
Mar 31, 2025 -12.38 Mn
Dec 31, 2024 -11.06 Mn
Sep 30, 2024 -10.86 Mn
Jun 30, 2024 -10.82 Mn
Mar 31, 2024 -13.42 Mn
Dec 31, 2023 -11.12 Mn
Sep 30, 2023 -10.37 Mn
Jun 30, 2023 -12.77 Mn
Mar 31, 2023 -17.16 Mn
Dec 31, 2022 -16.58 Mn
Sep 30, 2022 -17.91 Mn
Jun 30, 2022 -19.26 Mn
Mar 31, 2022 -23.10 Mn
Dec 31, 2021 -14.72 Mn
Sep 30, 2021 -16.86 Mn
Jun 30, 2021 -24.83 Mn
Mar 31, 2021 23.25 Mn