Nebius Group N.V. (NBIS) — Financial statements
Income statement, balance sheet, and cash flow for Nebius Group N.V. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 530↑350.9% | 118↑462.2% | 21↑54.8% | 14↓99.7% | 4,759 | |
| Cost of Revenue | 166↑126.4% | 73↑130.1% | 32↑12.3% | 28↓98.8% | 2,324 | |
| Gross Profit | 364↑724.5% | 44↑500.9% | -11↑26.2% | -15↓100.6% | 2,435 | |
| Operating Expenses | ||||||
| R&D Expenses | 177↑36.7% | 130↑15.5% | 112↑92.6% | 58↓91.0% | 648 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 379 | 0.00 | 0.00↓100.0% | 57 | 0.00 | |
| Other Expenses | 404↑13.8% | 355↑73.9% | 204↑642.5% | 28↓98.6% | 1,965 | |
| Operating Expenses | 960↑98.0% | 485↑53.2% | 317↑121.2% | 143↓94.5% | 2,612 | |
| Total Costs & Expenses | 1,126↑101.7% | 558↑60.2% | 348↑103.1% | 172↓96.5% | 4,937 | |
| Operating Results | ||||||
| Operating Income | -596↓35.3% | -441↓34.6% | -328↓107.3% | -158↑10.9% | -177 | |
| Depreciation & Amortization | 404↑422.6% | 77↑163.8% | 29↑6.5% | 28↓90.4% | 287 | |
| EBITDA | -192↑47.1% | -363↓21.9% | -298↓128.5% | -131↓218.8% | 110 | |
| EBIT | -596↓35.3% | -441↓34.6% | -328↓107.3% | -158↑10.9% | -177 | |
| Interest & Other Income | ||||||
| Net Interest Income | -26↓141.3% | 63↑1809.1% | 3↓82.6% | 19↑58.3% | 12 | |
| Interest Income | 32↓49.5% | 63↑1809.1% | 3↓95.1% | 67↑8.1% | 62 | |
| Interest Expense | 58 | 0.00 | 0.00↓100.0% | 48↓4.0% | 50 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 629↑1247.3% | 47↑492.4% | -12↑43.1% | -21↓125.8% | 81 | |
| Income Before Tax | 33↑108.4% | -394↓16.1% | -339↓89.7% | -179↓85.4% | -97 | |
| Income Tax Expense | 4↑900.0% | -0.50↓123.8% | 2↑90.9% | 1↓98.9% | 99 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 29↑107.4% | -394↓15.2% | -342↓89.7% | -180↑8.1% | -196 | |
| Net Income from Discontinued Operations | 73↑129.3% | -248↓140.8% | 607↓42.2% | 1,051 | 0.00 | |
| Net Income | 102↑115.9% | -641↓365.8% | 241↓67.6% | 746↑480.4% | -196 | |
| Bottom-Line Net Income | 29↑107.4% | -394↓7.5% | -366↓149.1% | 746↑480.4% | -196 | |
| EPS (Basic) | 0.11↑104.8% | -2.28↓450.8% | 0.65↓68.0% | 2.03↑475.9% | -0.54 | |
| EPS (Diluted) | 0.11↑104.8% | -2.28↓450.8% | 0.65↓64.1% | 1.81↑435.2% | -0.54 | |
| Weighted Average Shares | 253↓9.9% | 281↓24.3% | 371↑0.8% | 368↑1.7% | 362 | |
| Weighted Average Diluted Shares | 253↓9.9% | 281↓24.3% | 371↓10.2% | 413↑14.1% | 362 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.