Nyxoah SA annual r&d spending
2020
2021
2022
2023
2024
2025
Nyxoah SA R&D Spending Growth & History (NYXH)
Nyxoah SA's r&d spending was €42.8M for fiscal 2025.
View full Nyxoah SA company overviewNyxoah SA annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | €42.8M | €8.5M | +24.76% |
| 2024 | 2024-12-31 | €34.3M | €7.7M | +28.79% |
| 2023 | 2023-12-31 | €26.7M | €10.8M | +68.03% |
| 2022 | 2022-12-31 | €15.9M | €3.5M | +28.49% |
| 2021 | 2021-12-31 | €12.3M | €10.0M | +428.42% |
| 2020 | 2020-12-31 | €2.3M | — | — |
Nyxoah SA quarterly r&d spending
Q3.21
Q2.22
Q3.22
Q2.23
Q2.24
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | €9.5M | −€516,000 | −5.13% |
| Q1 2026 | 2026-03-31 | €8.8M | — | — |
| Q4 2025 | 2025-12-31 | €10.9M | — | — |
| Q3 2025 | 2025-09-30 | €12.9M | — | — |
| Q2 2025 | 2025-06-30 | €10.1M | €2.6M | +34.62% |
| Q2 2024 | 2024-06-30 | €7.5M | €867,000 | +13.13% |
| Q2 2023 | 2023-06-30 | €6.6M | €3.1M | +90.35% |
| Q3 2022 | 2022-09-30 | €4.2M | €704,000 | +20.02% |
| Q2 2022 | 2022-06-30 | €3.5M | — | — |
| Q3 2021 | 2021-09-30 | €3.5M | — | — |
Nyxoah SA r&d spending trends
Over the last five fiscal years, Nyxoah SA's r&d spending increased from €2.3M to €42.8M, a change of €40.5M. The latest reported quarter, Q2 2026, shows €9.5M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Nyxoah SA source filings ↗