Quick Answer
Zhibao Technology Inc. reported R&D Expense of $1.52 million for fiscal year 2025.
Zhibao Technology Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $1.52M | -90.0% |
| 2024 | $15.09M | +55.9% |
| 2023 | $9.68M | +25.0% |
| 2022 | $7.74M | — |
- Zhibao Technology Inc. showed a decrease of -90.0% in R&D Expense compared to the prior fiscal year.
- Over the 2022–2025 period, Zhibao Technology Inc.’s r&d expense has declined by 80.4% (from $7.74 million to $1.52 million).
- The most recent figure is from Zhibao Technology Inc.’s fiscal year 2025 report (Form 20-F), filed with the SEC on January 9, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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