Nuvve Holding (NVVE) Research & Development (2020 - 2025)

Nuvve Holding's (NVVE) quarterly Research & Development came in at $674310.0 in Q4 2025, down 12.15% year-on-year from $767558.0 in Q4 2024, and down 42.82% quarter-over-quarter from $1.2 million in Q3 2025.

Nuvve Holding (NVVE) Research & Development (2020 - 2025) Analysis & Trends

Nuvve Holding has disclosed Research & Development across 6 years of filings, most recently posting $674310.0 for Q4 2025.

  • Research & Development for Q4 2025 came in at $674310.0, down 12.15% year-over-year; the trailing twelve-month figure through Dec 2025 was $3.8 million (down 15.65% YoY), and the FY2025 annual result was $3.8 million, down 15.65% from the prior year.
  • Research & Development came in at $674310.0 for Q4 2025 at Nuvve Holding, down from $1.2 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $2.4 million in Q2 2023 to a low of $674310.0 in Q4 2025.
  • The 5-year median for Research & Development is $1.7 million (2021), against an average of $1.6 million.
  • Across the five-year window, Research & Development surged 153.85% in 2021 and sank 69.02% in 2024, its largest moves.
  • Nuvve Holding's Research & Development stood at $1.9 million in 2021, then advanced by 0.29% to $2.0 million in 2022, then gained by 1.34% to $2.0 million in 2023, then plunged by 61.26% to $767558.0 in 2024, then decreased by 12.15% to $674310.0 in 2025.
  • The last three Research & Development figures came in at $674310.0 (Q4 2025), $1.2 million (Q3 2025), and $1.1 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Caseys General Stores 27.84 Bn 27.38 Bn 1.01 Bn -
2 Williams Sonoma 24.59 Bn 23.57 Bn 1.10 Bn -
3 Ulta Beauty 20.75 Bn 20.25 Bn 1.48 Bn -
4 Dick'S Sporting Goods 17.81 Bn 16.45 Bn 1.77 Bn -
5 Tractor Supply 15.90 Bn 15.67 Bn 1.30 Bn -
6 Best Buy 15.61 Bn 13.87 Bn 2.10 Bn -
7 NaaS Technology 14.72 Bn 14.70 Bn - -
8 Five Below 10.27 Bn 9.34 Bn 696.98 Mn -
9 Murphy USA 10.20 Bn 10.08 Bn 3.98 Bn -
10 Nuvve Holding 133,597.93 -6.41 Mn 2.91 Mn 674,310.00

Historic Data

Download Data
DateValue
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
Jun 30, 2021 1.69 Mn
Mar 31, 2021 1.26 Mn