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Nebius Group
(NASDAQ:NBIS)
Nebius Group (NBIS) vs. SPDR S&P 500 ETF (SPY)
Nebius Group Business Overview & Revenue Model
Nebius Group Earnings Call Summary
Nebius Group Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 344.40M | 117.50M | 20.90M | 13.50M | 4.76B | 2.95B |
| Gross Profit | 214.40M | 44.10M | -11.00M | -14.90M | 2.43B | 1.79B |
| EBITDA | -352.93M | -363.40M | -298.20M | -130.50M | 109.87M | 424.50M |
| Net Income | 218.00M | -641.40M | 241.30M | 745.60M | -196.01M | 333.49M |
Balance Sheet | ||||||
| Total Assets | 10.10B | 3.55B | 8.76B | 8.28B | 6.91B | 6.93B |
| Cash, Cash Equivalents and Short-Term Investments | 4.79B | 2.45B | 121.20M | 1.13B | 1.44B | 3.20B |
| Total Debt | 4.51B | 49.70M | 584.76M | 1.39B | 1.89B | 1.46B |
| Total Liabilities | 5.29B | 294.90M | 5.46B | 3.74B | 3.25B | 2.25B |
| Stockholders Equity | 4.81B | 3.25B | 3.29B | 4.25B | 3.46B | 4.37B |
Cash Flow | ||||||
| Free Cash Flow | -1.04B | -562.10M | 746.40M | 682.40M | -473.75M | 108.23M |
| Operating Cash Flow | -80.60M | 245.60M | 829.80M | 697.00M | 124.62M | 438.20M |
| Investing Cash Flow | -952.00M | 311.60M | -1.21B | -403.10M | 294.94M | -1.61B |
| Financing Cash Flow | 4.20B | 825.50M | 375.60M | -100.30M | -1.14B | 1.88B |
Nebius Group Technical Analysis
Nebius Group Risk Analysis
Nebius Group Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | $18.46B | 9.47 | 51.49% | ― | 16.79% | 819.94% | |
71 Outperform | $19.80B | 313.36 | 0.83% | ― | 12.84% | ― | |
68 Neutral | $14.94B | ― | -22.38% | ― | 11.75% | 49.19% | |
63 Neutral | $7.79B | 15.35 | ― | 1.15% | -0.46% | -2.75% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
59 Neutral | $17.57B | ― | -0.66% | ― | 15.17% | 75.90% | |
50 Neutral | $23.50B | 102.93 | 3.45% | ― | -87.55% | 336.73% |
Nebius Group Corporate Events
Nebius Group N.V. announced significant developments in its operations, including multi-billion dollar agreements with Microsoft and Meta to provide dedicated capacity from its new data center in Vineland, New Jersey, starting later this year. These contracts highlight Nebius’ capability to support large-scale enterprises and workloads, potentially enhancing its industry positioning. Despite a net loss of $119.6 million in Q3 2025, the company reported a net income of $278.6 million for the nine months ended September 30, 2025, primarily due to gains from the revaluation of its investment in ClickHouse. The financial results reflect the ongoing expansion of Nebius’ core infrastructure business, with increased operating costs and interest expenses.
On November 12, 2025, Nebius Group N.V. announced an Equity Distribution Agreement with major financial institutions including Goldman Sachs, Morgan Stanley, BofA Securities, and Citigroup Global Markets. This agreement allows Nebius to issue and sell up to 25,000,000 Class A Ordinary Shares, enhancing its capital structure and potentially impacting its market positioning by increasing its financial flexibility.
On November 1, 2025, Nebius, Inc., a subsidiary of Nebius Group N.V., entered into a significant commercial agreement with Meta Platforms, Inc. to provide GPU infrastructure services over a five-year period. The agreement, valued at approximately $2.9 billion, involves deploying GPU services in two phases scheduled for December 2025 and February 2026. This collaboration is expected to enhance Nebius’s market position and financial stability, as the cash flow from the deal will support capital expenditures. The agreement includes standard provisions such as service level commitments and termination rights, ensuring both parties are protected.
On November 11, 2025, Nebius Group N.V. announced its unaudited financial results for the third quarter ending September 30, 2025, revealing a substantial increase in revenues by 355% compared to the previous year. Despite this growth, the company reported significant losses, including a net loss from continuing operations of $119.6 million. Additionally, Nebius secured a $3 billion agreement with Meta to provide AI infrastructure over the next five years, highlighting its strategic positioning in the industry. The company also plans to initiate an at-the-market equity program to support future growth, indicating a focus on capital efficiency and expansion.
On October 22, 2025, Avride, a subsidiary of Nebius Group and a leader in autonomous driving technologies, announced securing up to $375 million in strategic investments and commitments from Uber and Nebius. This funding is set to accelerate Avride’s growth in autonomous vehicle technology, expand its fleet, and support AI-driven product development. The investment builds on Avride’s existing partnership with Uber, with plans to launch a robotaxi service in Dallas by the end of 2025. This development positions Avride to capitalize on significant market opportunities in autonomous transportation, enhancing its industry presence and offering stakeholders promising growth prospects.
On September 22, 2025, Nebius Group announced that underwriters exercised their option to purchase an additional 1,621,621 Class A shares in its public offering, priced at $92.50 per share. This move increased the company’s gross proceeds from the Class A offering to approximately $1.15 billion, contributing to a total of $4.3 billion from recent offerings, including convertible notes. This financial maneuver is expected to enhance Nebius Group’s market position and support its growth in the AI infrastructure sector.
On September 15, 2025, Nebius Group announced the completion of its public offering of Class A ordinary shares and a concurrent private offering of convertible senior notes, generating approximately $4.2 billion in gross proceeds. The company plans to use these funds to finance its growth, including expanding its data center footprint and acquiring additional compute power, as part of its strategy to support its AI infrastructure agreement with Microsoft. This move strengthens Nebius Group’s position in the AI industry and provides significant capital for future expansion.
On September 10, 2025, Nebius Group N.V. announced the pricing of two significant financial offerings: a $2.75 billion upsized private offering of convertible senior notes and a $1 billion public offering of Class A ordinary shares. These strategic moves are expected to enhance the company’s capital structure and provide additional resources for future growth, potentially impacting its market positioning and offering new opportunities for investors.
Nebius Group reported a significant financial turnaround in the first half of 2025, achieving a net income of $398.2 million, compared to a net loss of $185.5 million in the same period of 2024. This improvement was largely driven by a substantial gain from the revaluation of its investment in ClickHouse. The company’s revenue surged by 545% to $156 million, primarily due to the growth of its core AI infrastructure business, Nebius, and increased student enrollment in its edtech platform, TripleTen.
On September 8, 2025, Nebius Group announced a significant commercial agreement with Microsoft to provide dedicated GPU infrastructure capacity from its new data center in Vineland, New Jersey, over a five-year period. The deal, valued at up to $19.4 billion, is expected to accelerate Nebius’s AI cloud business growth in 2026 and beyond, with financing for capital expenditure coming from the agreement’s cash flow and potential debt issuance. This strategic partnership underscores Nebius’s position in the AI industry and its commitment to expanding its market presence.
On August 21, 2025, Nebius Group N.V. held its Annual General Meeting of Shareholders, where all proposed resolutions were adopted. Key decisions included the re-appointment of several directors, amendments to the Articles of Association, and authorization for share repurchases and issuance. These outcomes reinforce the company’s strategic direction and governance structure, potentially impacting shareholder value and market positioning.