15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $530M | $83M | 68.6% | -115.5% | -$3.7B | $4.1B | $3.7B |
| 2024 | $92M | -$641M | 52.2% | -436.7% | -$562M | — | $2.4B |
| 2023 | $10M | $241M | -100.0% | -2915.3% | $747M | $1.6B | $111M |
| 2022 | $14M | $746M | -110.4% | -1170.4% | $682M | $728M | $289M |
| 2021 | $4.8B | -$197M | 51.2% | -3.7% | -$476M | — | $1.1B |
| 2020 | $3.0B | — | 60.7% | 7.4% | $109M | — | $1.8B |
| 2019 | $2.2B | — | 68.2% | 14.1% | $302M | — | $764M |
| 2018 | $1.8B | — | 71.9% | 16.3% | -$2M | — | $873M |
| 2017 | $1.6B | — | 74.5% | 13.9% | $198M | — | $614M |
| 2016 | $1.3B | — | 74.0% | 16.9% | — | — | $490M |
| 2015 | $820M | — | 71.9% | 16.0% | — | — | $400M |
| 2014 | $902M | — | 71.8% | 30.2% | — | — | $242M |
| 2013 | $1.2B | — | 73.1% | 32.5% | — | — | $594M |
| 2012 | $947M | — | 75.0% | 32.9% | — | — | $227M |
| 2011 | $622M | $179M | 76.5% | 35.1% | — | — | $195M |
How the market has priced NBIS against its own fundamentals since 2024-10 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Nebius Group N.V.'s revenue has declined 29.1% per year. These are computed facts, not advice.
As of FY2025, Nebius Group N.V. reported $4.1B of total debt against $3.7B of cash; operating income covered interest expense -9.9×.
In FY2025, gross margin was 68.6%, operating margin -115.5%, and net margin 15.6%.
As of Jun '26, Nebius Group N.V. traded at a price-to-earnings ratio of about 772.8× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.