Nano Labs (NA) Research & Development (2021 - 2025)

Nano Labs has reported Research & Development for 5 years, with the latest figure at -$696315.0 in Q4 2025.

• Quarterly Research & Development fell 123.6% year-over-year to -$696315.0 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $15.7 million (down 33.34% YoY) and the FY2025 annual result came in at $1.1 million, down 83.57% from the prior year.
• Research & Development eased to -$696315.0 in Q4 2025 per NA's latest filing, from $3.0 million in the prior quarter.
• Over five years, Research & Development peaked at $15.6 million in Q4 2021 and troughed at -$696315.0 in Q4 2025.
• A 5-year average of $5.8 million and a median of $5.6 million in 2022 frame the typical range for Research & Development.
• The sharpest annual moves came in 2022 and 2025: Research & Development soared 290.17% in 2022, then sank 123.6% in 2025.
• Over 5 years, Research & Development stood at $15.6 million in 2021, then slumped by 63.87% to $5.6 million in 2022, then jumped by 39.57% to $7.9 million in 2023, then sank by 62.44% to $3.0 million in 2024, then tumbled by 123.6% to -$696315.0 in 2025.
• According to Business Quant data, Research & Development over the past three periods registered -$696315.0, $3.0 million, and $7.9 million for Q4 2025, Q4 2024, and Q4 2023 respectively.