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NBISNebius Group N.V.
$195.19$46.8B
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NBIS logoNebius Group N.V.(NBIS)Earnings, Financials & Key Ratios

NBIS•NASDAQ
$195.19
1774.5× P/E·Price updated Jul 7, 2026
SectorCommunication ServicesIndustryInternet ServicesSub-IndustrySearch Engines and Web Portals
AboutNebius Group N.V., operates as a technology company that engages in building full-stack infrastructure to service the global AI industry. Its businesses include Nebius, an AI-centric cloud platform built for intensive AI workloads. Nebius builds full-stack infrastructure for AI, including large-scale GPU clusters, cloud platforms, and tools and services for developers. The company's businesses also comprise Toloka AI, a data partner for various stages of generative AI development; TripleTen, an edtech player re-skilling people for careers in tech; and Avride, which develops autonomous driving technology for self-driving cars and delivery robots. The company was formerly known as Yandex N.V. and changed its name to Nebius Group N.V. in August 2024. Nebius Group N.V. was founded in 1989 and is headquartered in Amsterdam, the Netherlands with R&D hubs across Europe, North America and Israel.Show more
  • Revenue$530M+350.9%
  • EBITDA-$192M+47.1%
  • Net Income$102M+115.9%
  • EPS (Diluted)0.11+104.8%
  • Gross Margin68.63%+82.9%
  • EBITDA Margin-36.28%+88.3%
  • Operating Margin-112.53%+70.0%
  • Net Margin19.2%+103.5%
  • ROE2.59%+113.2%

NBIS Price & Volume

Nebius Group N.V. (NBIS) stock price & volume — 10-year historical chart

Loading chart...

Aggressive AI Infrastructure Pivot Drives Capital Intensity

Investment Thesis • Updated 2026Q1

VerdictNeutral
Growth:Expanding
Profitability:Negative
Financial:Fortress
Cash Flow:Burning
Primary Risk:Capital Intensive Execution Risk

Key Thesis Takeaways

  • Nebius Group is undergoing a massive structural transformation, pivoting from legacy operations to a global AI infrastructure provider, as evidenced by a revenue surge from $11.3 million in 2024Q1 to $399.0 million by 2026Q1.
  • While the company maintains a robust liquidity position with $9.3 billion in cash, the business model remains highly speculative due to persistent operating losses and a reliance on $2.5 billion in quarterly capital expenditures.
  • Investors should monitor whether the company can achieve sustainable operating margins, which currently sit at -32.1%, before the high depreciation costs of its $8.4 billion in net PPE erode long-term shareholder value.

Verdict Logic

while the $9.3 billion cash reserve provides a significant buffer, the company's current P/S ratio of 108.86 and persistent operating losses suggest that the market has already priced in a highly optimistic execution scenario.

NBIS Growth Metrics

Nebius Group N.V. (NBIS) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-4.41%
5 Years-29.05%
3 Years239.83%
TTM490.84%

Profit CAGR

10 Years-2.76%
5 Years-21.14%
3 Years-48.52%
TTM193.4%

EPS CAGR

10 Years-12.54%
5 Years-34.89%
3 Years-60.68%
TTM465.85%

Return on Capital

10 Years2.36%
5 Years-6.25%
3 Years-8.45%
Last Year-8.39%

NBIS Recent Earnings

Nebius Group N.V. (NBIS) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 4/12 qtrs (67%)●Beat Revenue 1/12 qtrs (17%)
Q2 2026Latest
May 13, 2026
Metric
Actual
Est
EPS
$0.23+70.0%
$0.77
Rev
$399M+6.4%
$375M
Q1 2026
Feb 12, 2026
Metric
Actual
Est
EPS
$0.99-70.7%
$0.58
Rev
$228M-7.5%
$246M
Q4 2025
Nov 11, 2025
Metric
Actual
Est
EPS
$0.39+29.9%
$0.56
Rev
$146M-7.5%
$158M
Q3 2025
Aug 7, 2025
Metric
Actual
Est
EPS
$0.38+24.0%
$0.50
Rev
$105M-0.3%
$105M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 13, 2026
$0.23vs $0.77+70.0%
$399Mvs $375M+6.4%
Q1 2026Feb 12, 2026
$0.99vs $0.58-70.7%
$228Mvs $246M-7.5%
Q4 2025Nov 11, 2025
$0.39vs $0.56+29.9%
$146Mvs $158M-7.5%
Q3 2025Aug 7, 2025
$0.38vs $0.50+24.0%
$105Mvs $105M-0.3%
Based on last 12 quarters of dataView full earnings history →

Latest NBIS News

Recent stock market news and headlines for Nebius Group N.V. (NBIS)

Seeking Alpha·16h ago
Nebius Is Quietly Dominating CoreWeave And IREN: Here's Why

Nebius is rated Buy, driven by its superior AI infrastructure platform and robust inference software solutions. NBIS boasts a diversified customer base, a healthy funding model, and a strong cash position, supporting aggressive capacity expansion with minimal net debt. NBIS differentiates itself with end-to-end AI offerings, including Token Factory and recent acquisitions, enabling cost-effective, scalable AI for a broad client base.

24/7 Wall Street·17h ago
Meta Platforms vs. Nebius: Which Is the Better Neocloud Stock?

The question for anyone parking retirement dollars in the AI infrastructure trade is simple: Should you own Meta Platforms (NASDAQ:META | META Price Prediction) or Nebius Group (NASDAQ:NBIS) right now?

The Motley Fool·18h ago
New Position: TTRF Capital Loads Up on AI Infrastructure Company Nebius Stock

TTRF Capital Ltd purchased 322,931 shares of Nebius Group N.V. for an estimated $64.0 million based on quarterly average pricing.

Fool - Investing News·19h ago
3 Breakout Growth Stocks You Can Buy and Hold for the Next Decade

These growth stocks are already on people's radars, but they look poised for further gains even after delivering solid returns.

PRNewsWire·20h ago
Saturn Cloud Launches on Nebius Marketplace for Self-Service Deployment

Nebius customers can deploy Saturn Cloud's managed fine-tuning, model serving, and per-token billing directly on Nebius AI Cloud, an NVIDIA Cloud Partner. NEW YORK, July 7, 2026 /PRNewswire/ -- Saturn Cloud, the AI token factory platform, today announced that its platform is now available for self-service deployment in the Nebius marketplace.

Peers Comparison

Key metrics vs top competitors for Nebius Group N.V. (NBIS)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
NBIS logoNBISNebius Group N.V.Current
$195.19$46.85B1774.45350.89%19.2%2.59%—
LGND logoLGNDLigand Pharmaceuticals Incorporated
$319.43$6.4B52.1160.4%55.95%16.19%—
GPUS logoGPUSHyperscale Data, Inc.
$0.13$49.57M-0.16-4.27%-76.04%-125.2%—
ANET logoANETArista Networks, Inc.
$166.46$209.6B60.5328.6%38.32%30.58%—
VRT logoVRTVertiv Holdings Co
$305.58$117.38B89.6127.69%14.37%42.06%—
AMZN logoAMZNAmazon.com, Inc.
$245.98$2.65T34.3112.38%12.22%23.34%—

Compare NBIS vs Peers

Nebius Group N.V. (NBIS) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs LGND

Most directly comparable listed peer for NBIS.

Scale Benchmark

vs NVDA

Larger-name benchmark to compare NBIS against a more recognizable public peer.

Peer Set

Compare Top 5

vs LGND, GPUS, ANET, VRT

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NBIS Frequently Asked Questions

Nebius Group N.V. (NBIS) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Nebius Group N.V.'s revenue?

Nebius Group N.V. (NBIS) reported $877.9M in revenue for fiscal year 2025. This represents a 220% increase from $274.0M in 2009.

How fast is Nebius Group N.V. growing?

Nebius Group N.V. (NBIS) grew revenue by 350.9% over the past year. This is strong growth.

Is NBIS profitable?

Yes, Nebius Group N.V. (NBIS) is profitable, generating $836.4M in net income for fiscal year 2025 (19.2% net margin).

Dividend & Returns
What is NBIS's return on equity?

Nebius Group N.V. (NBIS) has a return on equity (ROE) of 2.6%. This is below average, suggesting room for improvement.

What is Nebius Group N.V.'s free cash flow?

Nebius Group N.V. (NBIS) had negative free cash flow of $2.47B in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in NBIS back in 2009?

Total return calculator · dividends reinvested · 17+ years of data

See returns →