Nebius Group N.V. (NBIS) Stock Analysis
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Nebius Group N.V. (NBIS) posted $529.80M in revenue for fiscal 2025 (up 479.0% year over year), at a 15.6% net margin, and has compounded revenue about 239.8%/yr over five years, per its SEC filings.
Data last refreshed August 2, 2026 from SEC filings · how we compute this
The analyst's take on Nebius Group N.V.
Nebius Group N.V. has grown revenue from $13.50M to $529.80M over the last 4 fiscal years, compounding about 239.8% a year. The most recent year was up 479%, so growth is actually accelerating.
Net margin sits at 15.6%, up 716.6 points year over year on a 68.6% gross margin. It carries about $4.13B of total debt.
The one thing worth a second look in the filings is receivables growing faster than sales.
Synthesised from Nebius Group N.V.'s SEC filings — descriptive, not advice. Ask the analyst your own question →
Nebius Group N.V. revenue & earnings — last 4 fiscal years
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | $13.50M | $9.80M | $91.50M | $529.80M |
| Gross profit | $-14.90M | $-9.80M | $47.80M | $363.60M |
| Net income | $745.60M | $241.30M | $-641.40M | $82.50M |
| Net margin | 5523.0% | 2462.2% | -701.0% | 15.6% |
Source: Nebius Group N.V. SEC filings (10-K).
Nebius Group N.V.: 3 potential red flags in the filings
Patterns in the filed statements worth a second look — computed and cited, not AI guesswork, and not a signal to sell. The kind of thing that hides in a 10-K.
- Receivables growing faster than salesAccounts receivable rose 2007.9% while revenue rose 479.0% in the latest year — a gap that can signal looser credit terms or pulled-forward sales. Worth checking days-sales-outstanding.
- Heavy debt loadTotal debt of $4152.2M is 10.8× last year's operating cash flow — it would take years of cash flow to clear.
- Net margin shrinkingNet margin fell from 5523.0% to 15.6% over ~3 years — profitability is compressing.
Explore 4 years of Nebius Group N.V. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Nebius Group N.V. financial history by metric
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About Nebius Group N.V.
Nebius Group N.V., a technology company, engages in building full-stack infrastructure to service the global AI industry in the United States, the United Kingdom, and internationally. It offers Nebius builds full-stack infrastructure for AI, including large-scale GPU clusters, cloud platforms, and tools and services for developers. The company also provides TripleTen, an edtech platform for re-skilling individuals for careers in technolgy; and Avride, which develops autonomous driving technology for self-driving cars and delivery robotics. It has a strategic alliance with NVIDIA Corporation to support the expansion of the company's AI cloud infrastructure. The company was formerly known as Yandex N.V. and changed its name to Nebius Group N.V. in August 2024. Nebius Group N.V. was founded in 1989 and is based in Schiphol, the Netherlands.
Nebius Group N.V. — frequently asked questions
What is Nebius Group N.V.'s revenue?
Nebius Group N.V. (NBIS) reported revenue of $529.80M for fiscal year 2025, up 479.0% from the prior year, according to its SEC filings.
Is Nebius Group N.V. profitable?
Yes. NBIS earned net income of $82.50M in fiscal 2025, a net margin of 15.6%.
What is NBIS's P/E ratio?
Nebius Group N.V. trades at a price-to-earnings ratio of about 84.2 based on the latest data in our nightly-refreshed cache.
How fast is Nebius Group N.V. growing?
NBIS's revenue grew at roughly 239.8% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Nebius Group N.V. have?
As of fiscal year 2025, NBIS carried roughly $4.13B in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Nebius Group N.V.'s gross margin?
NBIS's gross margin was 68.6% in fiscal 2025 — gross profit of $363.60M on revenue of $529.80M.
What is Nebius Group N.V.'s market cap?
Nebius Group N.V. (NBIS) has a market capitalization of about $55.18B, based on the latest data in our nightly-refreshed cache.
When does Nebius Group N.V.'s fiscal year end?
NBIS's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
Where does this data come from?
All figures are computed from Nebius Group N.V.'s official SEC filings (10-K and 10-Q), covering 4 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.