Nebius (NBIS)
Builds full-stack AI cloud infrastructure alongside autonomy and technology-career reskilling businesses.
$235.84
After hours−0.30 (−0.13%)
At close$236.14(+1.43%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5 | 7 | 11 | 12 | 43 | 38 | 55 | 105 | 146 | 228 | 399 | 582 |
| Cost of revenue | 8 | 10 | 9 | 3 | 19 | 28 | 30 | 30 | 43 | 69 | 316 | 134 |
| Gross profit | −3 | −3 | 3 | 9 | 24 | 10 | 26 | 75 | 103 | 159 | 83 | 449 |
| 75 | 90 | 83 | 105 | 111 | 160 | 155 | 186 | 233 | 394 | 211 | 625 | |
| Research & development | 26 | 27 | 25 | 25 | 34 | 36 | 40 | 43 | 45 | 53 | 67 | 191 |
| Selling, general & administrative | 44 | 55 | 50 | 0 | 0 | 0 | 0 | 0 | 0 | 160 | 144 | 174 |
| Other expenses | 6 | 8 | 9 | 80 | 77 | 124 | 115 | 143 | 188 | 181 | 0 | 260 |
| Operating income | −78 | −94 | −81 | −96 | −87 | −149 | −130 | −111 | −130 | −235 | −128 | −176 |
| −17 | 3 | −36 | 35 | 36 | 17 | 17 | 615 | 10 | −13 | 743 | −1 | |
| Interest income | 1 | 1 | 22 | 13 | 28 | 22 | 8 | 4 | 6 | 14 | 14 | 0 |
| Interest expense | 40 | 42 | 74 | 0 | 0 | 0 | 0 | 5 | 15 | 38 | 64 | 95 |
| Other non-operating income | 7 | −2 | −38 | −35 | −36 | −17 | −17 | −620 | −10 | −26 | −807 | 0 |
| Income before tax | −95 | −91 | −116 | −61 | −51 | −132 | −113 | 503 | −120 | −247 | 615 | −177 |
| Income tax expense | 2 | −3 | 4 | −4 | 1 | 2 | 1 | 1 | 0 | 3 | −6 | 14 |
| Net income from continuing operations | −97 | −88 | −120 | −56 | −52 | −134 | −114 | 503 | −120 | −250 | 621 | −190 |
| Discontinued operations | 181 | 15 | 251 | −498 | −42 | 1 | 0 | 82 | 0 | 0 | 0 | 0 |
| Net income | 84 | −73 | 131 | −554 | −94 | −133 | −114 | 584 | −120 | −250 | 621 | −190 |
| EPS, basic | $0.23 | −$0.20 | $0.36 | −$0.19 | −$0.26 | −$0.58 | −$0.48 | $2.45 | −$0.47 | −$0.99 | $2.40 | −$0.68 |
| EPS, diluted | $0.23 | −$0.20 | $0.36 | −$0.19 | −$0.26 | −$0.58 | −$0.48 | $2.45 | −$0.47 | −$0.99 | $2.01 | −$0.68 |
| Weighted average shares, basic | 361 | 371 | 361 | 294 | 287 | 236 | 238 | 240 | 252 | 241 | 258 | 280 |
| Weighted average shares, diluted | 361 | 371 | 361 | 294 | 287 | 236 | 238 | 240 | 252 | 253 | 309 | 280 |
| EBITDA | −79 | −84 | 50 | −50 | 41 | −113 | −93 | 528 | −21 | −28 | 921 | 84 |
| Depreciation & amortization | 6 | 8 | 93 | 10 | 92 | 19 | 19 | 19 | 99 | 181 | 242 | 260 |
| EBIT | −85 | −92 | −42 | −61 | −51 | −132 | −113 | 508 | −120 | −209 | 679 | −176 |
