Nuvve Holding (NVVE) Research & Development (2020 - 2026)
Nuvve Holding (NVVE) recorded Research & Development of $935,378 in Q2 2026, down 14.4% from $1.09 million a year earlier and down 41.8% from the prior quarter.
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Analysis
Nuvve Holding (NVVE) Research & Development (2020 - 2026) Analysis & Trends
On a TTM basis, Nuvve Holding's Research & Development came in at $4.39 million as of Jun 30, 2026, up 27.2% year-over-year; for FY2025, it was $3.83 million, down 15.6% from FY2024.
- Annual Research & Development has a five-year compound annual growth rate of 5.8% (FY2020 to FY2025).
- Across earlier years, Research & Development came in at $4.54 million in FY2024 (-48.2%), $8.76 million in FY2023 (+9.8%), $7.98 million in FY2022 (+22.3%) and $6.52 million in FY2021 (+125.8%).
- Quarterly Research & Development has ranged from $674,310 in Q4 2025 to $2.39 million in Q2 2023 over the past five years.
- On a year-over-year basis, Research & Development rose in two of the last eight quarters, with an average decline of 9.9%.
- Peak year-over-year performance for Research & Development in the last five years was growth of 113.9% in Q4 2021, against a decline of 69.0% in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.61 million (Q1 2026), $674,310 (Q4 2025) and $1.18 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.94 Bn | 214.01 Bn | 2.36 Bn | 334.00 Mn |
| 2 | Bloom Energy | 77.11 Bn | 68.94 Bn | 355.57 Mn | 58.87 Mn |
| 3 | First Solar | 18.59 Bn | 9.54 Bn | 605.00 Mn | 76.24 Mn |
| 4 | BWX Technologies | 12.31 Bn | 10.61 Bn | 202.31 Mn | 4.17 Mn |
| 5 | Generac Holdings | 12.11 Bn | 10.94 Bn | 521.81 Mn | 65.78 Mn |
| 6 | Nextpower | 12.00 Bn | 7.89 Bn | 335.85 Mn | 44.51 Mn |
| 7 | EnerSys | 6.46 Bn | 4.66 Bn | 313.36 Mn | - |
| 8 | Enphase Energy | 4.08 Bn | -774.96 Mn | 175.01 Mn | 45.66 Mn |
| 9 | Mirion Technologies | 3.51 Bn | 1.40 Bn | 133.10 Mn | 10.10 Mn |
| 10 | Nuvve Holding | 781,477.50 | -734,033.50 | 31,804.00 | 935,378.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 935,378.00 |
| Mar 31, 2026 | 1.61 Mn |
| Dec 31, 2025 | 674,310.00 |
| Sep 30, 2025 | 1.18 Mn |
| Jun 30, 2025 | 1.09 Mn |
| Mar 31, 2025 | 883,772.00 |
| Dec 31, 2024 | 767,558.00 |
| Sep 30, 2024 | 710,291.00 |
| Jun 30, 2024 | 1.47 Mn |
| Mar 31, 2024 | 1.59 Mn |
| Dec 31, 2023 | 1.98 Mn |
| Sep 30, 2023 | 2.29 Mn |
| Jun 30, 2023 | 2.39 Mn |
| Mar 31, 2023 | 2.10 Mn |
| Dec 31, 2022 | 1.96 Mn |
| Sep 30, 2022 | 1.72 Mn |
| Jun 30, 2022 | 2.17 Mn |
| Mar 31, 2022 | 2.14 Mn |
| Dec 31, 2021 | 1.95 Mn |
| Sep 30, 2021 | 1.62 Mn |
API Access
Nuvve Holding Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=NVVE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "NVVE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=NVVE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();