Nebius Group
$242.81Change from previous close: +4.53%Absolute change: +$10.53
At a glance
- Revenue growth
- +479.02%
- 2025 vs 2024
- Net margin
- 15.6%
- 2024: -701.0%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 582 | 399 | 228 | 146 | 105 | 50.9 | 35.2 | 32.1 | 12.1 | 11.3 | — | 2,095 |
| Cost of revenue | 134 | 104 | 68.5 | 42.9 | 30.1 | 24.7 | 21.1 | 9.9 | 3.3 | 8.8 | — | 902 |
| Gross profit | 449 | 295 | 159 | 103 | 75.0 | 26.2 | 14.1 | 22.2 | 8.8 | 2.5 | — | 1,193 |
| Selling, general and administrative | 115 | 144 | 162 | 89.5 | 68.2 | 60.9 | 85.4 | 47.9 | 68.6 | 50.0 | — | 686 |
| Research and development | 75.1 | 67.4 | 53.1 | 44.9 | 42.8 | 36.5 | 31.9 | 31.4 | 25.1 | 24.7 | — | 268 |
| Operating income | -1.3 | -128 | -250 | -130 | -111 | -120 | -137 | -80.6 | -95.8 | -80.9 | — | 124 |
| EBIT | -1.3 | -128 | -250 | -130 | -111 | -120 | -137 | -80.6 | -95.8 | -80.9 | — | 124 |
| EBITDA | 258 | 84.0 | -55.4 | -31.2 | -36.0 | -71.2 | -103 | -57.1 | -85.7 | 11.8 | — | 217 |
| Interest expense | 119 | 63.7 | 42.0 | 14.7 | 4.8 | — | — | — | 10.1 | 73.0 | — | 38.7 |
| Pre-tax income | -177 | 615 | -266 | -120 | 503 | -103 | -123 | -44.6 | -60.6 | -116 | — | 157 |
| Income tax | 13.7 | -5.8 | 2.6 | -0.3 | 0.8 | 0.9 | -0.1 | -1.0 | -4.1 | 3.9 | — | 78.8 |
| Net income | -190 | 621 | -269 | -120 | 584 | -114 | -133 | -94.2 | -554 | 131 | — | 78.6 |
| Net income to common shareholders | -190 | 621 | -269 | -120 | 584 | -114 | -133 | -94.2 | -554 | 131 | — | 78.6 |
| Basic EPS | -0.68 | 2.40 | -1.06 | -0.50 | 2.45 | -0.48 | -0.63 | -0.45 | -1.89 | 0.36 | — | 0.21 |
| Diluted EPS | -0.68 | 2.11 | -1.11 | -0.50 | 2.38 | -0.48 | -0.63 | -0.45 | -1.89 | 0.36 | — | 0.21 |
| Average shares (basic) | 280 | 258 | 253 | 241 | 239 | 238 | 211 | 209 | 294 | 361 | — | 371 |
| Average shares (diluted) | 280 | 309 | 253 | 241 | 247 | 238 | 211 | 209 | 294 | 361 | — | 372 |