Nebius Group Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
Revenue	529.8	91.5	9.8	13.5	4,762
Revenue Growth (YoY)	479.02%	833.67%	-27.41%	-99.72%	61.28%
Cost of Revenue	166.2	43.7	19.6	28.4	2,326
Gross Profit	363.6	47.8	-9.8	-14.9	2,436
Selling, General & Admin	380.1	255.5	159.5	57.3	1,644
Depreciation & Amortization Expenses	417.9	77.1	29.3	27.5	322.38
Research & Development	177.3	114.8	87.1	58.3	647.95
Total Operating Expenses	975.3	447.4	275.9	143.1	2,614
Operating Income	-611.7	-399.6	-285.7	-158	-177.52
Interest Income	7.5	64	-7.6	-13	146.84
Interest Expense	-61.5	-	-	-	-49.62
Other Non-Operating Income (Expense)	679.5	-17.4	-3.7	-7.9	-16.27
Total Non-Operating Income (Expense)	625.5	46.6	-11.3	-20.9	80.94
Pretax Income	13.8	-353	-297	-178.9	-96.58
Provision for Income Taxes	4	-1	2	1.1	99.34
Net Income	82.5	-641.4	241.3	745.6	-196.13
Minority Interest in Earnings	-	-	24.6	-	-0.21
Earnings From Discontinued Operations	72.7	-289.4	564.9	-	-
Net Income to Common	82.5	-641.4	241.3	745.6	-196.13
Net Income Growth	-	-	-67.64%	-	-
Shares Outstanding (Basic)	243	281	371	368	362
Shares Outstanding (Diluted)	248	281	371	368	362
Shares Change (YoY)	-11.86%	-24.22%	0.77%	1.55%	2.55%
EPS (Basic)	0.34	-2.28	0.65	2.03	-0.54
EPS (Diluted)	0.33	-2.28	0.65	1.59	-0.54
EPS Growth	-	-	-59.12%	-	-
Shares Outstanding	253.02	235.75	361.48	361.48	358.7
Free Cash Flow	-3,681	-561.9	746.9	682.4	-472.35
Free Cash Flow Growth	-	-	9.45%	-	-
Free Cash Flow Per Share	-14.86	-2.00	2.01	1.85	-1.30
Gross Margin	68.63%	52.24%	-100.00%	-110.37%	51.16%
Operating Margin	-115.46%	-436.72%	-2915.31%	-1170.37%	-3.73%
Profit Margin	17.42%	-1085.68%	-337.75%	6449.63%	-4.11%
FCF Margin	-694.83%	-614.10%	7621.43%	5054.81%	-9.92%
EBITDA	-143.2	-313.8	-249.3	-128.5	380.3
EBITDA Margin	-27.03%	-342.95%	-2543.88%	-951.85%	7.99%
EBIT	-611.7	-399.6	-285.7	-158	-177.52
EBIT Margin	-115.46%	-436.72%	-2915.31%	-1170.37%	-3.73%
Effective Tax Rate	28.99%	0.28%	-0.67%	-0.61%	-102.87%

Updated Feb 12, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q