Nebius (NBIS) Research & Development (2010 - 2026)
Nebius (NBIS) posted Research & Development of $67.4 million for Q1 2026, up 26.93% sequentially from $53.1 million in Q4 2025, and up 84.66% YoY from $36.5 million in Q1 2025.
Nebius (NBIS) Research & Development (2010 - 2026) Analysis & Trends
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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,255.28 Bn | 3,826.24 Bn | 73.85 Bn | 18.22 Bn |
| 2 | Meta Platforms | 1,552.50 Bn | 1,462.24 Bn | 49.47 Bn | 21.66 Bn |
| 3 | Taboola.com | 1,147.41 Bn | 1,147.28 Bn | 139.48 Mn | 67.16 Mn |
| 4 | Baidu | 288.87 Bn | 284.38 Bn | 1.88 Mn | 635.00 Mn |
| 5 | Spotify Technology | 104.29 Bn | 94.05 Bn | 1.75 Bn | 387.52 Mn |
| 6 | Joyy | 78.58 Bn | 77.69 Bn | 205.64 Mn | -61.54 Mn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | - |
| 8 | Nebius | 49.09 Bn | 39.47 Bn | 295.20 Mn | 67.40 Mn |
| 9 | 30.80 Bn | 28.01 Bn | 734.60 Mn | 231.28 Mn | |
| 10 | Tencent Music Entertainment | 27.36 Bn | 24.66 Bn | 514.00 Mn | -39.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 67.40 Mn |
| Dec 31, 2025 | 53.10 Mn |
| Sep 30, 2025 | 44.90 Mn |
| Jun 30, 2025 | 42.80 Mn |
| Mar 31, 2025 | 36.50 Mn |
| Dec 31, 2024 | 31.90 Mn |
| Sep 30, 2024 | 31.40 Mn |
| Jun 30, 2024 | 32.00 Mn |
| Mar 31, 2024 | 25.20 Mn |
| Dec 31, 2023 | 27.40 Mn |
| Sep 30, 2023 | 25.50 Mn |
| Jun 30, 2023 | 28.70 Mn |
| Mar 31, 2023 | 2.18 Bn |
| Dec 31, 2022 | 19.23 Bn |
| Sep 30, 2022 | 17.06 Bn |
| Jun 30, 2022 | 16.83 Bn |
| Mar 31, 2022 | 19.16 Bn |
| Dec 31, 2021 | 14.00 Bn |
| Sep 30, 2021 | 12.22 Bn |
| Jun 30, 2021 | 11.23 Bn |