Nebius Group N.V. (NBIS)

Nebius Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	363.3	117.5	20.9	13.5	4,746	2,953
Revenue Growth (YoY)	-	462.20%	54.82%	-99.72%	60.75%	4.52%
Cost of Revenue	148.5	73.4	31.9	28.4	2,318	1,159
Gross Profit	214.8	44.1	-11	-14.9	2,428	1,793
Selling, General & Admin	326.3	277.8	174.9	57.3	1,638	850.75
Research & Development	171	129.7	112.3	58.3	645.8	491.4
Operating Expenses	754.1	484.8	316.5	143.1	2,605	1,581
Operating Income	-539.3	-440.7	-327.5	-158	-176.93	211.91
Interest Expense	-19.5	-	-	-	-49.45	-32.09
Interest & Investment Income	40.2	63.6	3.3	1	61.5	52.32
Earnings From Equity Investments	-13.7	0.4	-10.9	-14	84.85	-29.41
Currency Exchange Gain (Loss)	15.8	-17.5	-2.8	1.4	3.13	37.21
Other Non Operating Income (Expenses)	1.2	0.2	-1.5	-1.6	-19.35	5.49
EBT Excluding Unusual Items	-515.3	-394	-339.4	-171.2	-96.26	245.44
Gain (Loss) on Sale of Investments	631.3	-	-	-7.7	-	248.72
Pretax Income	116	-394	-339.4	-178.9	-96.26	494.16
Income Tax Expense	1.8	-0.5	2.1	1.1	99.01	178.4
Earnings From Continuing Operations	114.2	-393.5	-341.5	-180	-195.27	315.75
Earnings From Discontinued Operations	103.9	-247.9	607.4	1,051	-	-
Net Income to Company	218.1	-641.4	265.9	870.7	-195.27	315.75
Minority Interest in Earnings	-	-	-24.6	-125.1	-0.21	18.43
Net Income	218.1	-641.4	241.3	745.6	-195.48	334.19
Net Income to Common	218.1	-641.4	241.3	745.6	-195.48	334.19
Net Income Growth	-	-	-67.64%	-	-	63.48%
Shares Outstanding (Basic)	232	281	371	368	362	341
Shares Outstanding (Diluted)	242	281	371	368	362	353
Shares Change (YoY)	-24.50%	-24.22%	0.77%	1.55%	2.55%	5.35%
EPS (Basic)	0.94	-2.28	0.65	2.03	-0.54	0.98
EPS (Diluted)	0.94	-2.28	0.65	2.03	-0.54	0.94
EPS Growth	-	-	-67.88%	-	-	54.94%
Free Cash Flow	-2,952	-562.1	746.4	682.4	-470.79	108.9
Free Cash Flow Per Share	-12.18	-2.00	2.01	1.85	-1.30	0.31
Gross Margin	59.13%	37.53%	-52.63%	-110.37%	51.16%	60.73%
Operating Margin	-148.44%	-375.06%	-1566.99%	-1170.37%	-3.73%	7.18%
Profit Margin	60.03%	-545.87%	1154.55%	5522.96%	-4.12%	11.32%
Free Cash Flow Margin	-812.50%	-478.38%	3571.29%	5054.81%	-9.92%	3.69%
EBITDA	-282.5	-363.4	-298.2	-130.5	109.58	425.38
EBITDA Margin	-77.76%	-	-	-	2.31%	14.41%
D&A For EBITDA	256.8	77.3	29.3	27.5	286.51	213.47
EBIT	-539.3	-440.7	-327.5	-158	-176.93	211.91
EBIT Margin	-148.44%	-	-	-	-3.73%	7.18%
Effective Tax Rate	1.55%	-	-	-	-	36.10%

Updated Nov 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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