Bending Spoons SpA (HAM:9B60) Research & Development: € Mil (TTM As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HAM:9B60 Bending Spoons SpA HAM:9B60
15 GF Score
Price €28.90
! 2 Warning Signs
View Full Analysis

What is Bending Spoons SpA Research & Development?

Bending Spoons SpA HAM:9B60 +1.76% 15 Research & Development is € Mil as of Dec. 2025. GuruFocus rates HAM:9B60 with a GF Score™ of 15/100. The stock has 2 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Bending Spoons SpA's Research & Development for the six months ended in Dec. 2025 was €245 Mil. Bending Spoons SpA does not have enough years/quarters to calculate the Research & Development for the trailing twelve months (TTM) ended in Dec. 2025.

Bending Spoons SpA  (HAM:9B60) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Bending Spoons SpA Research & Development Related Terms

Bending Spoons SpA Research & Development Historical Data

* Premium members only.

The historical data trend for Bending Spoons SpA's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Bending Spoons SpA Research & Development Chart

Bending Spoons SpA Annual Data
Trend Dec23 Dec24 Dec25
Research & Development
47.49 88.39 245.44

Bending Spoons SpA Semi-Annual Data
Dec23 Dec24 Dec25
Research & Development 47.49 88.39 245.44
HAM:9B60
15GF Score
Bending Spoons SpA HAM:9B60
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bending Spoons SpA Research & Development Calculation

This is the expense the company spent on research and development.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of € Mil mean?
Bending Spoons SpA (HAM:9B60) has a Research & Development of € Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Bending Spoons SpA and its competitors.
Is Bending Spoons SpA's Research & Development too high?
Bending Spoons SpA's current Research & Development is € Mil. Overall, Bending Spoons SpA has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Bending Spoons SpA's Research & Development compare to TEAM and SSNC?
Bending Spoons SpA's Research & Development of € Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Software company?
A good Research & Development depends on the Software industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Bending Spoons SpA and its competitors. Bending Spoons SpA's current Research & Development is € Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bending Spoons SpA stock overvalued right now?
Bending Spoons SpA (HAM:9B60) has a current Research & Development of € Mil. The current Research & Development is € Mil. Bending Spoons SpA's overall GF Score™ is 15/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Bending Spoons SpA (HAM:9B60), the current Research & Development is € Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Bending Spoons SpA Business Description

15GF Score

Get the complete analysis for HAM:9B60

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€28.90
Price