Nebius Group N.V. (NBIS)
NASDAQ: NBIS · Real-Time Price · USD
246.82
+53.59 (27.73%)
Aug 12, 2026, 1:22 PM EDT - Market open
Nebius Group Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 61.6 | 9.8 | -352 | -299 | -180 | -195.92 |
Depreciation & Amortization | 850.1 | 468.5 | 85.8 | 36.4 | 29.5 | 557.82 |
Stock-Based Compensation | 188.8 | 83.2 | 54.5 | 28.8 | 9.6 | 278.49 |
Other Adjustments | -699.8 | -523 | 14.2 | 12.7 | 11.2 | -119.05 |
Change in Receivables | -242.2 | -714.6 | -9.8 | 2.3 | -2.7 | -257.52 |
Changes in Inventories | - | - | - | - | - | -63.59 |
Changes in Accounts Payable | -20.8 | -29 | -28 | 1.5 | 13 | 302.72 |
Changes in Unearned Revenue | 5,958 | 1,566 | 10 | 1.9 | 0.8 | 50.89 |
Changes in Other Operating Activities | -853.3 | -475.9 | 470.9 | 1,045 | 815.6 | -429.59 |
Operating Cash Flow | 5,258 | 384.8 | 245.6 | 829.8 | 697 | 124.25 |
Operating Cash Flow Growth | - | 56.68% | -70.40% | 19.05% | 460.96% | -71.82% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -11,142 | -4,066 | -807.5 | -82.9 | -14.6 | -596.6 |
Sale of Property, Plant & Equipment | 5.2 | - | 1.6 | - | 2 | - |
Purchases of Investments | - | -125 | - | -10 | - | -3,674 |
Proceeds from Sale of Investments | 75 | - | 10 | - | - | 4,702 |
Cash Acquisitions | -251.6 | -42.7 | - | - | - | -110.12 |
Proceeds from Business Divestments | - | - | 1,467 | - | - | - |
Other Investing Activities | 16.4 | 4.4 | -359.9 | -1,119 | -390.5 | -27.16 |
Investing Cash Flow | -11,372 | -4,229 | 311.6 | -1,212 | -403.1 | 294.07 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | - | - | - | - | - | 39.32 |
Short-Term Debt Repaid | - | - | - | - | - | -5.31 |
Net Short-Term Debt Issued (Repaid) | - | - | - | - | - | 34.01 |
Long-Term Debt Issued | 7,500 | 4,163 | - | - | - | - |
Long-Term Debt Repaid | -0.8 | -0.8 | -0.7 | - | - | -9.85 |
Net Long-Term Debt Issued (Repaid) | 7,499 | 4,162 | -0.7 | - | - | -9.85 |
Issuance of Common Stock | 6,061 | 1,158 | 690 | - | - | 15.42 |
Repurchase of Common Stock | - | - | - | - | - | -93.14 |
Net Common Stock Issued (Repurchased) | 6,061 | 1,158 | 690 | - | - | -77.72 |
Other Financing Activities | -192.5 | -194.6 | 136.2 | 375.6 | -100.3 | -1,081 |
Financing Cash Flow | 13,467 | 5,126 | 825.5 | 375.6 | -100.3 | -1,134 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -9.1 | -9.7 | -23.6 | -102.6 | -61.8 | 6.83 |
Net Cash Flow | 7,344 | 1,271 | 1,359 | -109.3 | 131.8 | -709.26 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | -5,884 | -3,681 | -561.9 | 746.9 | 682.4 | -472.35 |
Free Cash Flow Growth | - | - | - | 9.45% | - | - |
FCF Margin | -434.21% | -694.83% | -614.10% | 7621.43% | 5054.81% | -9.92% |
Free Cash Flow Per Share | -21.76 | -14.86 | -2.00 | 2.01 | 1.85 | -1.30 |
Levered Free Cash Flow | 2,353 | 1,708 | -910.9 | 1,243 | 1,590 | -350.33 |
Unlevered Free Cash Flow | -5,895 | -2,971 | -667.27 | 714.48 | 685.33 | -538.49 |