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

Nebius has reported Research & Development for 17 years, with the latest figure at $67.4 million in Q1 2026.

• Quarterly Research & Development rose 84.66% year-over-year to $67.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $208.2 million (up 57.97% YoY) and the FY2025 annual result came in at $177.3 million, up 54.44% from the prior year.
• Research & Development grew to $67.4 million in Q1 2026 per NBIS's latest filing, from $53.1 million in the prior quarter.
• Over five years, Research & Development peaked at $19.2 billion in Q4 2022 and troughed at $25.2 million in Q1 2024.
• A 5-year average of $4.4 billion and a median of $42.8 million in 2025 frame the typical range for Research & Development.
• The sharpest annual moves came in 2023 and 2026: Research & Development sank 99.86% in 2023, then soared 84.66% in 2026.
• Over 5 years, Research & Development stood at $19.2 billion in 2022, then tumbled by 99.86% to $27.4 million in 2023, then grew by 16.42% to $31.9 million in 2024, then jumped by 66.46% to $53.1 million in 2025, then increased by 26.93% to $67.4 million in 2026.
• According to Business Quant data, Research & Development over the past three periods registered $67.4 million, $53.1 million, and $44.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.