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

Nebius (NBIS) has 17 years of Research & Development data on file, last reported 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.
• The five-year high for Research & Development was $19.2 billion in Q4 2022, with the low at $25.2 million in Q1 2024.
• Average Research & Development over 5 years is $4.4 billion, with a median of $42.8 million recorded in 2025.
• Year-over-year, Research & Development tumbled 99.86% in 2023 and surged 84.66% in 2026.
• Nebius' Research & Development stood at $19.2 billion in 2022, then plunged by 99.86% to $27.4 million in 2023, then increased by 16.42% to $31.9 million in 2024, then surged by 66.46% to $53.1 million in 2025, then rose by 26.93% to $67.4 million in 2026.
• Business Quant data shows NBIS's Research & Development at $67.4 million in Q1 2026, $53.1 million in Q4 2025, and $44.9 million in Q3 2025.