Invesaro

Stocks Technology NBIS

NASDAQ · Technology

Nebius Group N.V. (NBIS)

Nebius Group N.V. reported revenue of $529.8M in fiscal 2025, up 479.0% from a year earlier. Net income was $82.5M, a net margin of 15.6%. In fiscal 2025 capital spending exceeded operating cash flow by $3.7B. At December 31, 2025 it held $3.7B in cash against $4.1B of debt. Its latest periodic report to the SEC is the annual report (foreign issuer, amended) (20-F/A) filed on May 22, 2026.

Price
$232.57
-4.22% on the day · October 5, 2026
52-week range $73.52 to $299.86
Market cap
$63.2B
Revenue (FY2025)
$529.8M
+479.0% year on year
Net margin
15.6%

Key facts about Nebius Group N.V.

Net worth
Nebius Group N.V. has a market value (market cap) of $63.2B at the latest share price, and shareholders' equity of $4.6B on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Revenue and profit
In fiscal 2025 revenue was $529.8M (+479.0% year on year), with net income of $82.5M.
Cash flow
In fiscal 2025 operations brought in $384.8M of cash; after $4.1B of capital spending, free cash flow was -$3.7B.
Latest report
The latest periodic report (annual report (foreign issuer, amended), 20-F/A) was filed with the SEC on May 22, 2026 and covers the period to December 31, 2025. Open on SEC EDGAR

What Nebius Group N.V. does

Nebius Group provides cloud computing infrastructure and artificial intelligence infrastructure services. It builds and operates data centers, GPU computing clusters, and software platforms used by technology companies and research institutions to train and run machine learning models. Its shares trade on NASDAQ under the ticker NBIS.

Revenue and profit by year

Revenue
FY18: $1.8B $1.8B FY18FY19: $2.2B $2.2B FY19FY20: $3B $3B FY20FY21: $4.8B $4.8B FY21FY22: $1.3B $1.3B FY22FY23: $9.8M $9.8M FY23FY24: $91.5M $91.5M FY24FY25: $529.8M $529.8M FY25
Net income
FY18: $685M $685M FY18FY19: $162.6M $162.6M FY19FY20: $345.3M $345.3M FY20FY21: -$197.2M -$197.2M FY21FY22: $745.6M $745.6M FY22FY23: $241.3M $241.3M FY23FY24: -$641.4M -$641.4M FY24FY25: $82.5M $82.5M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$529.8M-$611.7M$82.5M$0.33-$3.7B
2024$91.5M-$399.6M-$641.4M-$2.28-$561.9M
2023$9.8M-$285.7M$241.3M$0.65$746.9M
2022$1.3B-$158M$745.6M$1.59$682.4M
2021$4.8B-$178.7M-$197.2M-$0.54-$475.5M
2020$3B$220M$345.3M$0.98$109M

Full financial statements: income, balance sheet and cash flow

Where NBIS ranks in Technology

Revenue$529.8M
#313 of 749 in Technology · Top 42%
Revenue growth+479.0%
#12 of 604 in Technology · Top 2%
Net margin15.6%
#130 of 611 in Technology · Top 21%
Free cash flow margin-694.8%
#568 of 568 in Technology · Bottom 1%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Technology

Latest SEC filings

What Nebius Group N.V. has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. October 1, 2026
  2. September 8, 2026
  3. August 26, 2026
  4. August 24, 2026
  5. August 20, 2026
  6. August 19, 2026
  7. August 12, 2026
  8. August 12, 2026
  9. August 7, 2026
  10. August 7, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on October 5, 2026. Insider transactions on SEC

Insider trades

What the people running Nebius Group N.V. did with its shares, from the Form 4 filings they must send the SEC within two business days.

Insiders sold $42.5M worth of shares in the last 90 days and bought none on the open market. Most of the selling (55%) was pre-planned under Rule 10b5-1 trading plans.

Bought (open market)
$0
last 90 days
Sold
$42.5M
last 90 days
Net sold
179,938
$42.5M
DateInsiderWhatSharesPriceValueFiling
October 1, 2026 Volozh ArkadiyCEO, Director, 10% owner Sold 37,778 $234.16 $8.8M Form 4
October 1, 2026 Shtan DanilaChief Technology Officer Sold 14,546 $234.16 $3.4M Form 4
October 1, 2026 Korolenko AndreyChief Infrastructure Officer Sold 29,090 $234.16 $6.8M Form 4
September 29, 2026 Boynton John Wilson IVDirector Soldpre-planned (10b5-1) 50 $235.01 $11.8K Form 4
September 15, 2026 Boynton John Wilson IVDirector Soldpre-planned (10b5-1) 1,264 $207.67 $262.5K Form 4
September 15, 2026 Boynton John Wilson IVDirector Soldpre-planned (10b5-1) 1,900 $208.84 $396.8K Form 4
September 15, 2026 Boynton John Wilson IVDirector Soldpre-planned (10b5-1) 1,100 $209.74 $230.7K Form 4
September 15, 2026 Boynton John Wilson IVDirector Soldpre-planned (10b5-1) 400 $210.53 $84.2K Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns NBIS

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

HolderOf classSharesFiled
Situational Awareness LP13G, passive with 5 related filers 5.6% 12,410,060 May 27, 2026

Latest filings below 5%: Orbis Investment Management Limited 1.5% (February 17, 2026).

Largest institutional holders

Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 1,060 managers reported a position.

HolderSharesValueChange on quarter
BlackRock, Inc.11,531,270$3.18B+1,593,684
Goldman Sachs Group Inc9,799,741$2.71B+6,715,646
Invesco Ltd.6,943,270$1.92B+5,178,910
Orbis Allan Gray Ltd6,494,719$1.79B-1,820,047
Bank of America Corp6,138,513$1.7B+4,639,882
Value Aligned Research Advisors, LLC6,104,121$1.69B+290,671
Fred Alger Management, LLC5,726,557$1.58B-3,872,749
UBS Group AG5,244,785$1.45B+2,125,047
Situational Awareness LP4,464,260$1.23Bnew
Lone Pine Capital LLC4,258,008$1.18Bnew
State Street Corp4,069,875$1.12B+568,415
Jennison Associates LLC3,983,899$1.1B+2,283,676
Jpmorgan Chase & Co3,995,496$1.04B+2,536,860
Morgan Stanley3,758,312$1.04B+93,278
Accel Leaders 4 Associates L.P.3,664,762$1.01B-916,190
Clear Street Group Inc.3,618,657$999.4M+560,067
Norges Bank2,911,196$804Mnew
Jupiter Topco LLC2,586,119$714.2Mnew
Accel Leaders 3 Associates L.P.2,251,905$621.9M0
Geode Capital Management, LLC2,114,212$578.7M+23,623

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

13 insiders reported holding 3,357,552 shares in total, about $780.9M at the last price.

HolderSharesAs of
Nave OphirCOO, Director 954,685 September 1, 2026
Volozh ArkadiyCEO, Director, 10% owner 785,236 October 1, 2026
Korolenko AndreyChief Infrastructure Officer 522,248 October 1, 2026
Boynton John Wilson IVDirector 410,782 September 29, 2026
Ryan Charles EDirector 273,885 September 1, 2026
Shtan DanilaChief Technology Officer 260,217 October 1, 2026
Tal BoazGeneral Counsel 80,754 May 20, 2026
Radinsky KiraDirector 16,754 September 1, 2026
Weigand Matthew RobertDirector 14,987 September 1, 2026
Alonso Sanchez Maria del DadoCFO 12,202 September 1, 2026

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about NBIS

What does Nebius Group N.V. do?

Nebius Group provides cloud computing infrastructure and artificial intelligence infrastructure services. It builds and operates data centers, GPU computing clusters, and software platforms used by technology companies and research institutions to train and run machine learning models. Its shares trade on NASDAQ under the ticker NBIS.

What is Nebius Group N.V.'s net worth?

Nebius Group N.V. has a market value (market cap) of $63.2B at the latest share price, and shareholders' equity of $4.6B on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.

Is Nebius Group N.V. profitable?

Yes. In fiscal 2025 it reported net income of $82.5M on revenue of $529.8M, a net margin of 15.6%.

How much revenue does Nebius Group N.V. make?

In fiscal 2025 Nebius Group N.V. reported revenue of $529.8M. That is 479.0% more than a year earlier.

When did Nebius Group N.V. last report?

Its most recent periodic report is the annual report (foreign issuer, amended) (20-F/A) filed on May 22, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the planned insider sale from October 5, 2026.

Similar companies

Compare NBIS with

Compare NBIS with any company

Follow NBIS

Get an email when Nebius Group N.V. files with the SEC: results, executive changes, material agreements and annual reports.

Follow NBIS: get an email when it files

Where the numbers come from

Financial figures are the values Nebius Group N.V. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.