Nebius Group N.V.

NBIS Technology Software Infrastructure

Nebius Group N.V.’s revenue for fiscal 2025 (year ended December 2025) was $529.8 million, up 479.0% from fiscal 2024.

Revenue
+454.0%
EPS
−127.8%
Free cash flow
−399.3%
Total debt
+617.7%

Quarter to June 2026, against a year earlier

151.42 10.03 +7.09%
Market cap
$38.4B
P/E
582×
Fwd P/E
34.8×
Dividend yield
—
F-score
7/9
Altman Z
2.11
Beneish M
10.38
Dividend safety
n/a

Nebius Group N.V. (NBIS) Gross margin

Alert me on Gross margin

Nebius Group N.V.'s gross margin over the twelve months to 30 June 2026 was 74.3%, up 5.6 percentage points from fiscal 2025 (68.6%). Over the past ten years it has ranged from −112.2% (fiscal 2023) to 74.6% (fiscal 2017); the current reading is higher than 64% of that period. That is above the Software Infrastructure industry median of 59.2% and above the Technology sector median of 47.1%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 68.6% 16.39
FY2024 52.2% 164.48
FY2023 −112.2% (167.54)
FY2022 55.3% 4.14
FY2021 51.2% (9.58)
FY2020 60.7% (7.45)
FY2019 68.2% (3.70)
FY2018 71.9% (2.66)
FY2017 74.6% 0.57
FY2016 74.0% 2.09

Quarterly newest first

Period Gross margin Change (points)
Jun 2026 77.1% 3.08
Mar 2026 74.0% 4.06
Dec 2025 69.9% (0.72)
Sep 2025 70.6% (0.72)
42 more quarters

Against its own ten years

Low −112.2% High 74.6%
Ten-year median 68.2%
Current reading's percentile 86

Gross margin against peers

Company Gross margin
CPAY Corpay, Inc. compare 100.0%
VRSN VeriSign, Inc. compare 88.6%
OKTA Okta, Inc. compare 78.1%
ZS Zscaler, Inc. compare 76.8%
NBIS Nebius Group N.V. 74.3%
NTAP NetApp, Inc. compare 70.6%
CRWV CoreWeave Inc. compare 67.4%
TWLO Twilio Inc. compare 48.6%
XYZ Block, Inc. compare 47.5%
Software Infrastructure industry median 59.2%
Technology sector median 47.1%
Market median 46.4%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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