Nova (NVMI) Research & Development (2009 - 2026)
Nova's (NVMI) quarterly Research & Development came in at $21.3 million in Q2 2026, up 7.41% on a YoY basis from $19.9 million in Q2 2025, and up 5.28% quarter-over-quarter from $20.3 million in Q1 2026.
Analysis
Nova (NVMI) Research & Development (2009 - 2026) Analysis & Trends
Nova (NVMI) has reported Research & Development for 18 consecutive years, with $21.3 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Research & Development rose 7.41% year-over-year to $21.3 million; the trailing twelve-month figure through Jun 2026 stood at $84.2 million (up 16.52% YoY), and the FY2025 full-year result was $82.2 million, up 26.3% from the prior year.
- Research & Development rose to $21.3 million in Q2 2026 per NVMI's latest filing, from $20.3 million in the prior quarter.
- Across five years, Research & Development topped out at $22.3 million in Q4 2025 and bottomed at $12.4 million in Q1 2022.
- Historically, Research & Development has averaged $16.3 million across 5 years, with a median of $16.0 million in 2024.
- The sharpest annual moves came in 2022 and 2023: Research & Development surged 49.05% in 2022, then retreated 8.75% in 2023.
- Over 5 years, Research & Development stood at $14.2 million in 2022, then retreated by 4.46% to $13.6 million in 2023, then advanced by 17.67% to $16.0 million in 2024, then soared by 39.65% to $22.3 million in 2025, then fell by 4.4% to $21.3 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $21.3 million, $20.3 million, and $22.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Lam Research | 374.58 Bn | 369.00 Bn | 3.48 Bn | 642.92 Mn |
| 2 | Applied Materials | 362.85 Bn | 353.62 Bn | 4.59 Bn | 1.10 Bn |
| 3 | Kla | 237.04 Bn | 235.39 Bn | 2.24 Bn | 399.02 Mn |
| 4 | Mks | 18.07 Bn | 17.46 Bn | 595.00 Mn | 76.00 Mn |
| 5 | Onto Innovation | 13.82 Bn | 11.94 Bn | 183.25 Mn | 38.88 Mn |
| 6 | Nova | 11.15 Bn | 10.53 Bn | 144.16 Mn | 21.33 Mn |
| 7 | Camtek | 6.80 Bn | 6.49 Bn | 66.70 Mn | 16.68 Mn |
| 8 | ACM Research | 4.89 Bn | 3.55 Bn | 134.62 Mn | 42.25 Mn |
| 9 | Kulicke & Soffa Industries | 4.50 Bn | 3.98 Bn | 157.95 Mn | 43.91 Mn |
| 10 | Axcelis Technologies | 3.52 Bn | 3.12 Bn | 91.19 Mn | 28.98 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.33 Mn |
| Mar 31, 2026 | 20.26 Mn |
| Dec 31, 2025 | 22.32 Mn |
| Sep 30, 2025 | 20.24 Mn |
| Jun 30, 2025 | 19.86 Mn |
| Mar 31, 2025 | 19.79 Mn |
| Dec 31, 2024 | 15.98 Mn |
| Sep 30, 2024 | 16.59 Mn |
| Jun 30, 2024 | 16.02 Mn |
| Mar 31, 2024 | 16.49 Mn |
| Dec 31, 2023 | 13.58 Mn |
| Sep 30, 2023 | 12.44 Mn |
| Jun 30, 2023 | 12.93 Mn |
| Mar 31, 2023 | 13.52 Mn |
| Dec 31, 2022 | 14.21 Mn |
| Sep 30, 2022 | 13.63 Mn |
| Jun 30, 2022 | 12.50 Mn |
| Mar 31, 2022 | 12.38 Mn |
| Dec 31, 2021 | 11.22 Mn |
| Sep 30, 2021 | 9.15 Mn |