NA (Nano Labs) Research & Development: $1.14 Mil (TTM As of Dec. 2025)


NA Nano Labs Ltd NA
41 GF Score
Price $1.77
GF Value $0.89
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Nano Labs Research & Development?

Nano Labs NA -1.12% 41 Research & Development is $1.14 Mil as of Dec. 2025. GuruFocus rates NA with a GF Score™ of 41/100 and a GF Value™ of $0.89 (Significantly Overvalued). The stock has 10 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Nano Labs's Research & Development for the six months ended in Dec. 2025 was $0.70 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was $1.14 Mil.

Nano Labs  (NAS:NA) 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.

Nano Labs Research & Development Related Terms

Nano Labs Research & Development Historical Data

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The historical data trend for Nano Labs'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.

Nano Labs Research & Development Chart

Nano Labs Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial 22.84 18.91 12.41 6.89 1.14

Nano Labs Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 7.79 3.99 2.91 0.44 0.70
NA
41GF Score
Nano Labs Ltd NA
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Nano Labs Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $1.14 Mil.

* 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of $1.14 Mil mean?
Nano Labs (NA) has a Research & Development of $1.14 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Nano Labs and its competitors.
Is Nano Labs' Research & Development too high?
Nano Labs' current Research & Development is $1.14 Mil. Overall, Nano Labs has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nano Labs' Research & Development compare to SQNS and PXLW?
Nano Labs' Research & Development of $1.14 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Research & Development depends on the Semiconductors 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 Nano Labs and its competitors. Nano Labs's current Research & Development is $1.14 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nano Labs stock overvalued right now?
Based on GuruFocus' analysis, Nano Labs (NA) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.89, compared to a current price of $1.77 — trading 98.9% above its estimated fair value. The current Research & Development is $1.14 Mil. Nano Labs' overall GF Score™ is 41/100 with 10 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 Nano Labs (NA), the current Research & Development is $1.14 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.

Is Nano Labs (NA) Overvalued in 2026?

Based on GuruFocus' analysis, Nano Labs stock appears to be overvalued. The current stock price of $1.77 is trading 98.9% above its estimated GF Value™ of $0.89. GuruFocus considers Nano Labs to be Significantly Overvalued.

Key valuation signals for NA:

  • Research & Development: $1.14 Mil
  • GF Value™: $0.89 vs. price of $1.77 (98.9% above fair value)
  • GF Score™: 41/100 with 10 warning signs

No single metric tells the full story. See the NA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nano Labs Business Description

Other Exchanges L7I:Germany
Address 509 Qianjiang Road, China Yuangu Hanggang Technology Building, Shangcheng District, Zhejiang, Hangzhou, CHN, 310000
Nano Labs Ltd is a Web 3.0 infrastructure and product solution provider, as well as a crypto treasury company. It is focused on the development of HTC chips and HPC chips. In addition, the company has established BNB value investment and adopted BNB (a crypto token) as the primary reserve asset. Furthermore, it has launched the iPollo Claw, a dedicated hardware solution for the OpenClaw AI Agent Ecosystem. Nano Labs derives revenue mainly from its HTC and HPC offerings, which comprise Darkbird series HPC chips that feature high performance and high energy consumption efficiency, and Cuckoo series chips, used in GPUs. Geographically, the company generates maximum revenue from the People's Republic of China (PRC), and the rest from Singapore, Hong Kong, the United States, and other markets.
41GF Score

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

$1.77
Price
$0.89
GF Value