R&D expense · 2011–2025

Nebius Group R&D expense

$177M+54.4% · FY2025

Nebius Group (NBIS) reported $177M in R&D expense for fiscal 2025, +54.4% year on year.

$97.0M2011$141M2012$178M2013$157M2014$184M2015$261M2016$326M2017$325M2018$370M2019$492M2020$652M2021$58.3M2022$87.1M2023$115M2024$177M2025
Nebius Group — R&D expense, 2011–2025
Fiscal yearR&D expenseChangeFiling
FY20252025-12-31$177M+54.4%Open →
FY20242024-12-31$115M+31.8%Open →
FY20232023-12-31$87.1M+49.4%Open →
FY20222022-12-31$58.3M−91.1%Open →
FY20212021-12-31$652M+32.6%Open →
FY20202020-12-31$492M+32.8%Open →
FY20192019-12-31$370M+14.0%Open →
FY20182018-12-31$325M−0.2%Open →
FY20172017-12-31$326M+24.8%Open →
FY20162016-12-31$261M+41.8%Open →
FY20152015-12-31$184M+17.1%Open →
FY20142014-12-31$157M−11.7%Open →
FY20132013-12-31$178M+26.5%Open →
FY20122012-12-31$141M+45.1%Open →
FY20112011-12-31$97.0M—Open →

R&D expense — Research and development expense is what the company charged to R&D in the income statement for the year. Most companies report no R&D at all — the line is absent rather than zero — so this ranking covers the roughly 40% of filers that do.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2011–2025 compound annual growth +4.4%

R&D expense at companies of similar size

Full ranking by R&D expense →

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Nebius Group R&D expense |url=https://companiesranked.com/en/company/nebius-group/research-and-development-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Nebius Group R&D expense. CompaniesRanked. https://companiesranked.com/en/company/nebius-group/research-and-development-expense

BibTeX

@misc{companiesranked-en-company-nebius-group-research-and-development-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{Nebius Group R\&D expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/nebius-group/research-and-development-expense}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 20-F · 0001104659-26-052948 · April 30, 2026

{{cite web |title=Nebius Group R&D expense — 20-F (0001104659-26-052948) |url=https://www.sec.gov/Archives/edgar/data/1513845/000110465926052948/nbis-20251231x20f.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-04-30}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

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