Nebius (NBIS) Research & Development (2010 - 2026)

Nebius has disclosed Research & Development across 17 years of filings, most recently posting $67.4 million for Q1 2026.

• Research & Development for Q1 2026 came in at $67.4 million, up 84.66% year-over-year; the trailing twelve-month figure through Mar 2026 was $208.2 million (up 57.97% YoY), and the FY2025 annual result was $177.3 million, up 54.44% from the prior year.
• Research & Development came in at $67.4 million for Q1 2026 at Nebius, up from $53.1 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of $19.2 billion in Q4 2022 to a low of $25.2 million in Q1 2024.
• The 5-year median for Research & Development is $42.8 million (2025), against an average of $4.4 billion.
• Across the five-year window, Research & Development sank 99.86% in 2023 and jumped 84.66% in 2026, its largest moves.
• Nebius' Research & Development stood at $19.2 billion in 2022, then tumbled by 99.86% to $27.4 million in 2023, then advanced by 16.42% to $31.9 million in 2024, then surged by 66.46% to $53.1 million in 2025, then climbed by 26.93% to $67.4 million in 2026.
• The last three Research & Development figures came in at $67.4 million (Q1 2026), $53.1 million (Q4 2025), and $44.9 million (Q3 2025), per Business Quant data.