Technology company building full-stack AI infrastructure including GPU cloud services, data labeling, and autonomous driving technology. Formerly Yandex N.V.
Profile & Fundamentals
Nebius Group: Company identity, ownership, reported financial performance, balance sheets, and corporate actions.
Profile & Fundamentals
Nebius Group Profile & Fundamentals
Examine company identity, ownership, reported performance, valuation, balance-sheet resilience, dividends, buybacks, and material corporate events.
Explore this pageJump to a Profile & Fundamentals section
Explore this research
Profile & Fundamentals contents
Jump directly to any section
Company and Market Context
Company Profile & Ownership
Nebius Group N.V., a technology company, engages in building full-stack infrastructure to service the global AI industry in the United States, the United Kingdom, and internationally. It offers Nebius builds full-stack infrastructure for AI, including large-scale GPU clusters, cloud platforms, and tools and services for developers. The company also provides TripleTen, an edtech platform for re-skilling individuals for careers in technolgy; and Avride, which develops autonomous driving technology for self-driving cars and delivery robotics. It has a strategic alliance with NVIDIA Corporation to support the expansion of the company's AI cloud infrastructure. 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 based in Schiphol, the Netherlands.
Company profile record
Nebius Group N.V.
Common Stock · Information Technology · Systems Software
Company
- Company / asset
- Nebius Group N.V.
- Security type
- Common Stock
- Sector
- Information Technology
- Industry
- Systems Software
- HQ
- 🇳🇱 Netherlands
- Head office
- Schiphol Boulevard 165, Schiphol, Netherlands, 1118 BG
Leadership & scale
- Chief executive
- Mr. Arkady Volozh
- CEO year born
- 1964
- Full-time employees
- 1.5K
- Fiscal year end
- December
- IPO date
- 2011-05-24
Fundamentals snapshot
- Market Cap
- USD 70.1B
- P/E
- 1137.3x
- Revenue (Q2 26)
- USD 582.3M
- Profit (Q2 26)
- USD -190.4M
- Dividend Yield
- --
- Revenue (FY 25)
- USD 529.8M
- Shares in public float
- 228.6M
- Insider ownership
- 3.41%
Reporting & identifiers
- Symbol
- NBIS.NASDAQ
- Listing
- 🇺🇸 United States | Dividend Tax: 30%
- Ticker Currency
- USD
- Income Statement Currency
- USD
- Balance Sheet Currency
- RUB
- Cash Flow Currency
- USD
- EPS Currency
- USD
- Contract Type
- SPOT
- ISIN
- NL0009805522
- Asset ID
- equity_6f455cc1-fa98-5ef5-8e6e-dbabed0ea6a1
Ownership
Shares Outstanding
Latest: 280.4M | Max: 372.0M | Min: 235.8M
Latest reported ownership snapshot
As of Oct 1, 2026Float Shares
81.54%
228.6M latest reported shares
Insider Ownership
3.41%
Latest reported insider stake
Short Float
0.20%
Latest reported short interest / float
Top Holders
Source tablesView ownership tables
Shares Outstanding
Annual reported shares outstanding; up to 10 reporting dates.
Scroll the table to see every column.
| Reporting date | Shares outstanding |
|---|---|
| 2017-01-01 | 332,000,000 |
| 2018-01-01 | 325,000,000 |
| 2019-01-01 | 336,000,000 |
| 2020-01-01 | 366,000,000 |
| 2021-01-01 | 363,000,000 |
| 2022-01-01 | 372,000,000 |
| 2023-01-01 | 361,482,300 |
| 2024-01-01 | 235,754,000 |
| 2025-01-01 | 253,017,000 |
| 2026-01-01 | 280,381,600 |
Top Holders
Available reported ownership records.
Scroll the table to see every column.
| Holder | Shares | Ownership | Reported date |
|---|---|---|---|
| BlackRock Inc | 9,937,586 | 3.66% | 2026-03-31 |
| Fred Alger Management, LLC | 9,599,306 | 3.53% | 2026-03-31 |
| Orbis Allan Gray Ltd | 8,314,766 | 3.06% | 2026-03-31 |
| Value Aligned Research Advisors LLC | 5,813,450 | 2.14% | 2026-03-31 |
| Invesco QQQ Trust | 4,741,429 | 1.74% | 2026-08-31 |
| Situational Awareness LP | 4,464,260 | 1.64% | 2026-06-30 |
| Lone Pine Capital LLC | 4,258,008 | 1.57% | 2026-06-30 |
| Jennison Associates LLC | 3,983,899 | 1.47% | 2026-06-30 |
| Altshuler Shaham Ltd | 3,684,001 | 1.36% | 2026-06-30 |
| Morgan Stanley - Brokerage Accounts | 3,665,034 | 1.35% | 2026-03-31 |
| State Street Corp | 3,501,460 | 1.29% | 2026-03-31 |
| HHG PLC | 3,221,553 | 1.19% | 2026-03-31 |
| UBS Group AG | 3,119,738 | 1.15% | 2026-03-31 |
| The Goldman Sachs Group Inc | 3,084,095 | 1.13% | 2026-03-31 |
| Clear Street Group Inc | 3,058,590 | 1.13% | 2026-03-31 |
Earnings, Profitability & Valuation
Earnings, Profitability & Valuation
Earnings & Revenue
Earnings and Revenue Trajectory
AI Review
Top-line revenue is exploding at an extraordinary pace, leaping from 118 million dollars in fiscal 2024 to 530 million dollars in 2025, and reaching 582 million dollars in the second quarter of 2026. This surge reflects rapid customer deployment across newly activated computing clusters. However, headline financial progress conceals deep underlying operational losses. Trailing twelve-month operating income sits at negative 669 million dollars, while trailing free cash flow stands at a steep negative 3.65 billion dollars. Headline profits have been distorted by one-time investment revaluations, proving that operational growth remains heavily dependent on external capital rather than self-sustaining cash flow.
Top-line revenue is exploding at an extraordinary pace, leaping from 118 million dollars in fiscal 2024 to 530 million dollars in 2025, and reaching 582 million dollars in the second quarter of 2026. This surge reflects rapid customer deployment across newly activated computing clusters. However, headline financial progress conceals deep underlying operational losses. Trailing twelve-month operating income sits at negative 669 million dollars, while trailing free cash flow stands at a steep negative 3.65 billion dollars. Headline profits have been distorted by one-time investment revaluations, proving that operational growth remains heavily dependent on external capital rather than self-sustaining cash flow.
Revenue, Net Income, and Free Cash Flow
Latest: USD 529.8M | Max: USD 4.8B | Min: USD -3.7B
Valuation
P/E Ratio (TTM)iPublished valuation snapshots use the earnings basis recorded with each observation. Source tables retain that basis.
Latest: >100x
Profitability & Margins
Margins and Operating Efficiency
AI Review
Profitability displays a sharp contrast between strong direct cash generation and deeply negative bottom-line accounting results. Gross margins reached a healthy 68.6 percent in fiscal 2025, driven by acute shortages of computing power that allowed the company to charge premium prices for newly energized server racks. In stark contrast, operating margins plunged to negative 113 percent in 2025 and remain deeply negative today. Colossal research costs and surging equipment depreciation—reaching 260 million dollars in a single quarter—completely overwhelm direct profits. Achieving genuine profitability requires moving beyond renting basic hardware and successfully selling high-margin proprietary software orchestration to enterprise clients.
Profitability displays a sharp contrast between strong direct cash generation and deeply negative bottom-line accounting results. Gross margins reached a healthy 68.6 percent in fiscal 2025, driven by acute shortages of computing power that allowed the company to charge premium prices for newly energized server racks. In stark contrast, operating margins plunged to negative 113 percent in 2025 and remain deeply negative today. Colossal research costs and surging equipment depreciation—reaching 260 million dollars in a single quarter—completely overwhelm direct profits. Achieving genuine profitability requires moving beyond renting basic hardware and successfully selling high-margin proprietary software orchestration to enterprise clients.
Profitability Margins
Latest: 68.6% | Max: >100.0% | Min: <-100.0%
Latest Profitability Ratios as of 2025-12-31
Gross Margin
68.6%
Gross profit / revenue
Operating Margin
-112.5%
Operating income / revenue
Net Margin
19.2%
Net income / revenue
FCF Margin
-694.8%
Free cash flow / revenue
Source tablesView earnings, profitability & valuation tables
Revenue, Net Income, and Free Cash Flow
Annual reported results, using the source statement's recorded USD conversion. Up to 10 reporting periods; missing values are not estimated.
Scroll the table to see every column.
| Period end | Revenue (USD) | Net income (USD) | Free cash flow (USD) |
|---|---|---|---|
| 2016-12-31 | 20,143,260.62 | 1,803,541.46 | 4,174,439.09 |
| 2017-12-31 | 28,250,726.1 | 2,763,677.58 | 3,423,191.28 |
| 2018-12-31 | 26,275,278.5 | 9,464,756.38 | -22,910.07 |
| 2019-12-31 | 45,627,637.01 | 3,301,799.79 | 6,208,213.81 |
| 2020-12-31 | 39,806,504.96 | 4,505,450.82 | 1,462,203.76 |
| 2021-12-31 | 63,632,915.56 | -2,620,739.02 | -6,334,382.28 |
| 2022-12-31 | 13,500,000 | 745,600,000 | 682,400,000 |
| 2023-12-31 | 20,900,000 | 241,300,000 | 746,400,000 |
| 2024-12-31 | 117,500,000 | -641,400,000 | -562,100,000 |
| 2025-12-31 | 529,799,999 | 101,700,000 | -3,681,200,000 |
Published P/E Ratio
Published valuation snapshots retain each observation's earnings basis.
Scroll the table to see every column.
| Period end | P/E (times earnings) | Earnings basis |
|---|---|---|
| 2025-12-31 | 208.44 | Trailing four quarters |
Profitability Margins
Matching annual reporting dates. Values are percentages.
Scroll the table to see every column.
| Period end | Gross margin (%) | Operating margin (%) | Net margin (%) | Free cash flow margin (%) |
|---|---|---|---|---|
| 2016-12-31 | 73.98 | 16.92 | 8.95 | 20.72 |
| 2017-12-31 | 74.53 | 13.65 | 9.78 | 12.12 |
| 2018-12-31 | 71.88 | 16.33 | 36.02 | -0.09 |
| 2019-12-31 | 68.19 | 14 | 7.24 | 13.61 |
| 2020-12-31 | 60.73 | 7.18 | 11.32 | 3.67 |
| 2021-12-31 | 51.16 | -3.73 | -4.12 | -9.95 |
| 2022-12-31 | -110.37 | -1,170.37 | 5,522.96 | 5,054.81 |
| 2023-12-31 | -52.63 | -1,566.99 | 1,154.55 | 3,571.29 |
| 2024-12-31 | 37.53 | -375.06 | -545.87 | -478.38 |
| 2025-12-31 | 68.63 | -112.53 | 19.2 | -694.83 |
Public data excerpt created by iPulse AI and published by Future Edge Group FZE. Source: eodhd. Snapshot retrieved 2026-09-29.
Use is subject to the iPulse AI Terms of Service and applicable source rights. Missing inputs are not estimated. Full access includes the remaining records, research and interactive tools.
Complete Research Workspace
Unlock the complete Profile & Fundamentals
Sign in to verify your access, or upgrade to the Base plan to open the complete profile & fundamentals and available source data.