NaaS Technology (NAAS) Research & Development (2021 - 2024)
NaaS Technology (NAAS) posted Research & Development of $2.09 million for the year ended Dec 31, 2025, down 63.8% from $5.76 million a year earlier.
Powered by 
Analysis
NaaS Technology (NAAS) Research & Development (2021 - 2024) Analysis & Trends
Since the year ended Dec 31, 2020, NaaS Technology has reported Research & Development for 6 years.
- Annual Research & Development shows a five-year compound annual growth rate of -4.0% (years ended Dec 2020 to Dec 2025).
- The figure for the year ended Dec 31, 2025 stands as the lowest annual Research & Development in data going back to the year ended Dec 31, 2020.
- Business Quant data shows NAAS's Research & Development at $5.76 million in the year ended Dec 31, 2024 (-35.1%), $8.88 million in the year ended Dec 31, 2023 (+67.5%), $5.3 million in the year ended Dec 31, 2022 (+13.0%) and $4.69 million in the year ended Dec 31, 2021 (+83.3%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn | 358.00 Mn |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn | 64.15 Mn |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn | 67.22 Mn |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn | 45.57 Mn |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn | 3.83 Mn |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn | 63.83 Mn |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn | 32.20 Mn |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn | - |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn | 10.30 Mn |
| 10 | NaaS Technology | 100,615.50 | -45.28 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 608,790.34 |
| Sep 30, 2024 | 701,000.00 |
| Jun 30, 2024 | 1.55 Mn |
| Mar 31, 2024 | 2.98 Mn |
| Dec 31, 2023 | 3.75 Mn |
| Sep 30, 2023 | 2.39 Mn |
| Jun 30, 2023 | 1.54 Mn |
| Mar 31, 2023 | 1.14 Mn |
| Dec 31, 2022 | 1.62 Mn |
| Sep 30, 2022 | 1.50 Mn |
| Jun 30, 2022 | 1.06 Mn |
| Mar 31, 2022 | 1.26 Mn |
| Dec 31, 2021 | 1.22 Mn |
| Jun 30, 2021 | 1.22 Mn |
API Access
NaaS Technology 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=NAAS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "NAAS", "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=NAAS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();