Quick Answer
Nuvve Holding Corp. reported R&D Expense of $3.83 million for fiscal year 2025.
Nuvve Holding Corp. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $3.83M | -15.6% |
| 2024 | $4.54M | -48.2% |
| 2023 | $8.76M | +9.8% |
| 2022 | $7.98M | +22.3% |
| 2021 | $6.52M | +125.8% |
| 2020 | $2.89M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $1.18M | +66.0% | +7.9% |
| June 30, 2025 | $1.09M | -25.8% | +23.7% |
| March 31, 2025 | $883.8K | -44.4% | +24.4% |
| September 30, 2024 | $710.3K | -69.0% | -51.8% |
| June 30, 2024 | $1.47M | -38.3% | -7.3% |
| March 31, 2024 | $1.59M | -24.3% | -30.7% |
| September 30, 2023 | $2.29M | +33.6% | -4.0% |
| June 30, 2023 | $2.39M | +10.0% | +13.7% |
- Nuvve Holding Corp. showed a decrease of -15.6% in R&D Expense compared to the prior fiscal year.
- Over the 2020–2025 period, Nuvve Holding Corp.’s r&d expense has grown by 32.6% (from $2.89 million to $3.83 million).
- The most recent figure is from Nuvve Holding Corp.’s fiscal year 2025 report (Form 10-K), filed with the SEC on March 31, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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