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) Operating margin

Alert me on Operating margin

Nebius Group N.V.'s operating margin over the twelve months to 30 June 2026 was −50.5%, up 65.0 percentage points from fiscal 2025 (−115.5%). Over the past ten years it has ranged from −3,341.8% (fiscal 2023) to 17.0% (fiscal 2015); the current reading is higher than 27% of that period. That is below the Software Infrastructure industry median of 0.00% and below the Technology sector median of 0.31%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 −115.5% 321.26
FY2024 −436.7% 2,905.12
FY2023 −3,341.8% (3,344.38)
FY2022 2.54% 6.27
FY2021 −3.73% (11.17)
FY2020 7.44% (7.08)
FY2019 14.5% (1.82)
FY2018 16.3% 2.48
FY2017 13.9% (3.06)
FY2016 16.9% (0.08)

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 −30.2% 1.87
Mar 2026 −32.1% 77.71
Dec 2025 −109.8% (20.67)
Sep 2025 −89.1% 16.68
42 more quarters

Against its own ten years

Low −3,341.8% High 17.0%
Ten-year median 7.44%
Current reading's percentile 24

Operating margin against peers

Company Operating margin
VRSN VeriSign, Inc. compare 67.6%
CPAY Corpay, Inc. compare 43.7%
NTAP NetApp, Inc. compare 25.0%
OKTA Okta, Inc. compare 7.55%
TWLO Twilio Inc. compare 6.82%
XYZ Block, Inc. compare 4.64%
CRWV CoreWeave Inc. compare −3.04%
ZS Zscaler, Inc. compare −3.98%
NBIS Nebius Group N.V. −50.5%
Software Infrastructure industry median 0.00%
Technology sector median 0.31%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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