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NBIS: financial statements from SEC — TradeAlmanac

NBIS

Nebius Group N.V.: financial statements

Company reports as filed with the U.S. Securities and Exchange Commission.

AnnualQuarterly

Income statement

Metric	31/12/2025	31/12/2024	31/12/2023	31/12/2022
Revenue	530M	118M	21M	14M
Cost of revenue	166M	73M	32M	28M
Research and development	177M	130M	112M	58M
Selling, general and administrative	380M	278M	175M	57M
Operating expenses	1.14B	558M	348M	172M
Operating income	−612M	−441M	−328M	−158M
Pre-tax income	14M	−394M	−339M	−179M
Income tax	4M	−500,000	2M	1M
Net income	83M	−641M	241M	746M
Earnings per share	0.34	−2.28	0.65	2.03
Earnings per share, diluted	0.33	−2.28	0.65	1.59
Weighted average shares	243M	281M	371M	368M
Weighted average shares, diluted	248M	281M	371M	368M

Balance sheet

Metric	19/08/2026	18/08/2026	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021
Cash and equivalents	—	—	3.68B	2.45B	116M	289M	—
Receivables	—	—	720M

Cash flow

Metric	31/12/2025	31/12/2024	31/12/2023	31/12/2022
Operating cash flow	385M	246M	830M	697M
Depreciation and amortisation	418M	77M	29M	28M
Share-based compensation	83M	57M	31M	10M
Capital expenditure

Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator