Mobvoi (HKSE:02438) Research & Development: HK$85.4 Mil (TTM As of Dec. 2025)


HKSE:02438 Mobvoi Inc HKSE:02438
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What is Mobvoi Research & Development?

Mobvoi HKSE:02438 -1.27% 8 Research & Development is HK$85.4 Mil as of Dec. 2025. GuruFocus rates HKSE:02438 with a GF Score™ of 8/100. The stock has 5 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Mobvoi's Research & Development for the six months ended in Dec. 2025 was HK$43.8 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was HK$85.4 Mil.

Mobvoi  (HKSE:02438) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Mobvoi Research & Development Related Terms

Mobvoi Research & Development Historical Data

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The historical data trend for Mobvoi's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mobvoi Research & Development Chart

Mobvoi Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
112.05 132.51 169.26 146.18 85.81

Mobvoi Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Research & Development Get a 7-Day Free Trial 89.83 60.09 86.59 41.59 43.78
HKSE:02438
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Mobvoi Inc HKSE:02438
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Mobvoi Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$85.4 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of HK$85.4 Mil mean?
Mobvoi (HKSE:02438) has a Research & Development of HK$85.4 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Mobvoi and its competitors.
Is Mobvoi's Research & Development too high?
Mobvoi's current Research & Development is HK$85.4 Mil. Overall, Mobvoi has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Mobvoi's Research & Development compare to MSFT and ORCL?
Mobvoi's Research & Development of HK$85.4 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Software company?
A good Research & Development depends on the Software industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Mobvoi and its competitors. Mobvoi's current Research & Development is HK$85.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mobvoi stock overvalued right now?
Mobvoi (HKSE:02438) has a current Research & Development of HK$85.4 Mil. The current Research & Development is HK$85.4 Mil. Mobvoi's overall GF Score™ is 8/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Mobvoi (HKSE:02438), the current Research & Development is HK$85.4 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Mobvoi Business Description

Address No. 6 Xingzhi Road, Level 23, Building 3, Economic and Technology Development Zone, Nanjing, CHN
Mobvoi Inc is engaged in providing AIGC solutions, AI enterprise solutions, smart devices and accessories with generative AI and voice interaction technologies at the core of business. The company is engaged providing hardware and software integrated AI products and services to enterprises and consumers across multiple countries and regions. Its business segments consist of AI Software Solutions, which comprise AIGC solutions and AI enterprise solutions; and AI Hardware includes the sale of smart devices and other accessories. Key revenue is generated from AI Hardware Solutions. The company geographically operates in Mainland China, Germany, and Other Countries.
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Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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